This document is an excerpt from the EUR-Lex website
Document 32017D0005
Decision (EU) 2017/468 of the European Central Bank of 26 January 2017 amending Decision ECB/2010/10 on non-compliance with statistical reporting requirements (ECB/2017/5)
Decision (EU) 2017/468 of the European Central Bank of 26 January 2017 amending Decision ECB/2010/10 on non-compliance with statistical reporting requirements (ECB/2017/5)
Decision (EU) 2017/468 of the European Central Bank of 26 January 2017 amending Decision ECB/2010/10 on non-compliance with statistical reporting requirements (ECB/2017/5)
IO L 77, 22.3.2017, p. 1–3
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
No longer in force, Date of end of validity: 30/01/2023; Arna aisghairm go hintuigthe ag 32022R1917
22.3.2017 |
EN |
Official Journal of the European Union |
L 77/1 |
DECISION (EU) 2017/468 OF THE EUROPEAN CENTRAL BANK
of 26 January 2017
amending Decision ECB/2010/10 on non-compliance with statistical reporting requirements (ECB/2017/5)
THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Articles 5.1 and 34.1 thereof,
Having regard to Council Regulation (EC) No 2533/98 of 23 November 1998 concerning the collection of statistical information by the European Central Bank (1), and in particular Article 7 thereof,
Having regard to Council Regulation (EC) No 2532/98 of 23 November 1998 concerning the powers of the European Central Bank to impose sanctions (2), and in particular Article 6(2) thereof,
Having regard to Regulation (EC) No 2157/1999 of the European Central Bank of 23 September 1999 on the powers of the European Central Bank to impose sanctions (ECB/1999/4) (3),
Whereas:
(1) |
The procedure for collecting information on infringements and imposing sanctions set out in Decision ECB/2010/10 (4) has proven to be an effective tool in handling cases of non-compliance with statistical reporting requirements and should therefore be extended to cases of non-compliance that may arise under Regulation (EU) No 1333/2014 of the European Central Bank (ECB/2014/48) (5). |
(2) |
Reporting agents’ obligation to respond to queries from the European Central Bank or national central banks regarding possible cases of non-compliance with their reporting requirements should be clarified. |
(3) |
Therefore, Decision ECB/2010/10 should be amended accordingly, |
HAS ADOPTED THIS DECISION:
Article 1
Amendments
Decision ECB/2010/10 is amended as follows:
(1) |
Article 1 is amended as follows:
|
(2) |
Article 2 is amended as follows:
|
(3) |
in Article 3(1), point (a) is replaced by the following:
|
(4) |
in Article 4, paragraph 2 is replaced by the following: ‘2. In the case of infringements relating to timeliness, the seriousness of the infringement shall depend on the number of working days or hours of delay vis-à-vis the ECB deadline or the NCB deadline.’; |
(5) |
the following Article 4a is inserted: ‘Article 4a Response to queries Reporting agents shall respond to questions concerning possible cases of non-compliance with statistical reporting requirements within the timeframe set by the ECB or by the relevant NCB.’. |
Article 2
Entry into force
This Decision shall enter into force on 1 April 2017. It shall apply from the reference period 31 March 2017 for daily reporting requirements, from the reference period March 2017 for monthly and annual reporting requirements, and from the first quarter of 2017 for quarterly reporting requirements.
Done at Frankfurt am Main, 26 January 2017.
The President of the ECB
Mario DRAGHI
(1) OJ L 318, 27.11.1998, p. 8.
(2) OJ L 318, 27.11.1998, p. 4.
(3) OJ L 264, 12.10.1999, p. 21.
(4) Decision ECB/2010/10 of the European Central Bank of 19 August 2010 on non-compliance with statistical reporting requirements (OJ L 226, 28.8.2010, p. 48).
(5) Regulation (EU) No 1333/2014 of the European Central Bank of 26 November 2014 concerning statistics on the money market (ECB/2014/48) (OJ L 359, 16.12.2014, p. 97).
(*1) Regulation (EU) No 1071/2013 of the European Central Bank of 24 September 2013 concerning the balance sheet of the monetary financial institutions sector (ECB/2013/33) (OJ L 297, 7.11.2013, p. 1).
(*2) Regulation (EU) No 1333/2014 of the European Central Bank of 26 November 2014 concerning statistics on the money market (ECB/2014/48) (OJ L 359, 16.12.2014, p. 97).’;
(*3) Regulation (EU) No 1072/2013 of the European Central Bank of 24 September 2013 concerning statistics on interest rates applied by monetary financial institutions (ECB/2013/34) (OJ L 297, 7.11.2013, p. 51).’;