
Article 1 
Article 6 of Decision ECB/2013/35 is amended as follows:

1.. paragraph 2 is replaced by the following:
'
2. The credit quality threshold applicable to asset-backed securities, as laid down in Section 6.3 of Annex I to Guideline ECB/2011/14, shall correspond to Credit Quality Step (CQS) 2 of the Eurosystem's harmonised rating scale (“single A”). All asset-backed securities shall have at least two credit assessments at a “single A” level from any accepted ECAI for the issue.';
2.. paragraph 3 is deleted.
Article 2 
This Decision shall enter into force on 1 April 2014.
Done at Frankfurt am Main, 12 March 2014.
The President of the ECB
Mario DRAGHI