BIS Review 8/1999  Regulators can also play a constructive role in making sure that the Year 2000 information that they disseminate to the public is factually accurate, balanced and broadly disseminated. Third, comprehensive contingency strategies should be developed in order to minimize disruptions.
The report also contains a detailed description of the procedures related to the various types of operations, and specifies the eligibility criteria and the risk control measures to be applied to assets underlying the ESCB’s liquidity-providing operations.