"monetary financial institution" (MFI) means a resident undertaking that belongs to any of the following sectors: (i) central banks; (ii) credit institutions as defined in Article 4(1) of Directive 2006/48/EC; (iii) other MFIs, i.e. (1) other financial institutions whose business is (i) to receive deposits and/or close substitutes for deposits from entities other than MFIs; and (ii) for their own account, at least in economic terms, to grant credits and/or make investments in securities; or (2) such electronic money institutions that are principally engaged in financial intermediation in the form of issuing electronic money; (iv) money market funds (MMFs) as defined in Article 1a.
Concerning the criterion under point (iii)(1)(i) above, the degree of substitutability between the instruments issued by other MFIs and the deposits placed with credit institutions shall determine their classification as MFIs, provided they fulfil the criterion under point (iii)(1)(ii), "participating Member State" means a participating Member State as defined in Article 1 of Regulation (EC) No 2533/98, "non-participating Member State" means a Member State which has not adopted the euro, "reporting agent" means a reporting agent as defined in Article 1 of Regulation (EC) No 2533/98, "resident" means resident as defined in Article 1 of Regulation (EC) No 2533/98, "financial vehicle corporation" (FVC) means a financial vehicle corporation as defined in Article 1 of Regulation (EC) No 24/2009 (ECB/2008/30), "securitisation" means a transaction which is either: (a) a traditional securitisation as defined in Article 4 of Directive 2006/48/EC; and/or (b) a securitisation as defined in Article 1 of Regulation (EC) No 24/2009 (ECB/2008/30), which involves the disposal of the loans being securitised to an FVC, "electronic money institution" and "electronic money" mean electronic money institution and electronic money as defined in Article 2(1) and 2(2) of Directive 2009/110/EC of the European Parliament and of the Council, OJ L 267, 10.10.2009, p. 7 ."write-down" means the direct reduction of the carrying amount of a loan on the balance sheet due to its impairment, "servicer" means an MFI which manages the loans underlying a securitisation on a day-to-day basis in terms of the collection of principal and interest from the obligors, which is then forwarded to investors in the securitisation scheme, "loan disposal" means the economic transfer of a loan or pool of loans by the reporting agent to a non-MFI transferee, achieved either by transfer of ownership or by sub-participation, "loan acquisition" means the economic transfer of a loan or pool of loans from a non-MFI transferor to the reporting agent, achieved either by transfer of ownership or by sub-participation.
Regulation (EC) No 25/2009 of the European Central Bank of 19 December 2008 concerning the balance sheet of the monetary financial institutions sector (Recast) (ECB/2008/32)
Modified by
- Regulation of the European Central Bank (EU) No 883/2011of 25 August 2011amending Regulation (EC) No 25/2009 concerning the balance sheet of the monetary financial institutions sector (ECB/2008/32)(ECB/2011/12), 32011R0883, September 3, 2011
- Regulation (EU) No 1071/2013 of the European Central Bankof 24 September 2013concerning the balance sheet of the monetary financial institutions sector (recast)(ECB/2013/33), 32013R1071, November 7, 2013
(a) pursue the investment objective of maintaining a fund’s principal and providing a return in line with the interest rates of money market instruments; (b) invest in money market instruments which comply with the criteria for money market instruments set out in Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS)OJ L 302, 17.11.2009, p. 32 .(c) ensure that the money market instruments they invest in are of high quality, as determined by the management company. The quality of a money market instrument shall be considered, inter alia, on the basis of the following factors: the credit quality of the money market instrument, the nature of the asset class represented by the money market instrument, for structured financial instruments, the operational and counterparty risk inherent within the structured financial transaction, the liquidity profile;
(d) ensure that their portfolio has a weighted average maturity (WAM) of no more than 6 months and a weighted average life (WAL) of no more than 12 months; (e) provide daily net asset value (NAV) and a price calculation of their shares/units, and daily subscription and redemption of shares/units; (f) limit investment in securities to those with a residual maturity until the legal redemption date of less than or equal to 2 years, provided that the time remaining until the next interest rate reset date is less than or equal to 397 days whereby floating rate securities should reset to a money market rate or index; (g) limit investment in other collective investment undertakings to those complying with the definition of MMFs; (h) do not take direct or indirect exposure to equity or commodities, including via derivatives and only use derivatives in line with the money market investment strategy of the fund. Derivatives which give exposure to foreign exchange may only be used for hedging purposes. Investment in non-base currency securities is allowed provided the currency exposure is fully hedged; (i) have either a constant or fluctuating NAV.
1. The net flow of loan securitisations and other loan transfers carried out during the reporting period; 2. The end-of-quarter amount outstanding in respect of all loans for which the MFI acts as servicer in a securitisation; 3. When applying the International Accounting Standard 39 (IAS 39) or similar national accounting rules, the end-of-period amount outstanding in respect of loans disposed of by means of a securitisation that has not been derecognised from the balance sheet.
(a) NCBs may grant derogations to small MFIs, provided that their combined contribution to the national MFI balance sheet in terms of stocks does not exceed 5 %; (b) with regard to credit institutions, the derogations referred to in point (a) shall have the effect of reducing the statistical reporting requirements of credit institutions to which such derogations apply without prejudice to the requirements for the calculation of minimum reserves as set out in Annex III; (c) with regard to small MFIs that are not credit institutions, where a derogation referred to in point (a) applies NCBs shall continue, as a minimum, to collect data relating to the total balance sheet at least at an annual frequency so that the size of the reporting "tail" can be monitored; (d) without prejudice to point (a), NCBs may grant derogations to credit institutions that do not benefit from the regime laid down in points (a) and (b) with the effect of reducing their reporting requirements to those laid down in Part 7 of Annex I, provided that their combined contribution to the national MFI balance sheet in terms of stocks exceeds neither 10 % of the national MFI balance sheet nor 1 % of the euro area MFI balance sheet; (e) NCBs shall check the fulfilment of the conditions set out in points (a) and (d) in good time in order to grant or withdraw, if necessary, any derogation with effect from the start of each year; (f) small MFIs may choose not to make use of the derogations and to fulfil the full reporting requirements instead.
MMFs report such data on a monthly basis in accordance with the "combined approach" set out in Annex I to Regulation (EC) No 958/2007 (ECB/2007/8) and in accordance with the timeliness requirements set out in Article 9 thereof, MMFs report end-of-month stock data on MMF shares/units in accordance with the timeliness requirements set out in Article 6(2).
(a) "MMF registered shares/units" shall mean MMF shares/units in respect of which, in accordance with national legislation, a record is kept identifying the holder(s) thereof, including information on the residency of the holder(s). "MMF bearer shares/units" shall mean MMF shares/units in respect of which, in accordance with national legislation, a record is not kept identifying the holder(s) thereof, or in respect of which a record is kept which does not contain information on the residency of the holder(s). (b) Where registered shares/units or bearer shares/units are issued for the first time or where market developments require a change of option or combination of options (as defined in Section 5.5 of Part 2 of Annex I), NCBs may grant derogations for one year in respect of the requirements set out in Section 5.5 of Part 2 of Annex I. (c) As regards residency of the holders of MMF shares/units, NCBs may grant derogations to reporting agents provided that the required statistical information is collected from other available sources in accordance with Section 5.5 of Part 2 of Annex I. NCBs shall check the fulfilment of this condition in good time in order to grant or withdraw, if necessary, any derogation with effect from the start of each year in agreement with the ECB. For the purposes of this Regulation, NCBs may establish and maintain a list of reporting OFIs in accordance with the principles set out in Section 5.5 of Part 2 of Annex I.
(a) Without prejudice to Directive 2006/48/EC and Article 2 of Regulation (EC) No 1745/2003 (ECB/2003/9) and subject to point (b), NCBs may grant derogations to individual electronic money institutions. The NCBs shall check the fulfilment of the requirements of point (b) in good time in order to grant or withdraw, if necessary, any derogation. Any NCB that grants such a derogation shall inform the ECB thereof. (b) NCBs may grant derogations to individual electronic money institutions if at least one of the following conditions is fulfilled: (i) the electronic money that they issue is accepted as payment only by a limited number of undertakings, which can be clearly distinguished by: their location in the same premises or other limited local area, and/or their close financial or business relationship with the issuing institution, such as a shared ownership, marketing or distribution structure, even if the issuing institution and the accepting undertaking are set up as separate legal entities; or
(ii) over three-quarters of their total balance sheet is unrelated to the issuance or administration of electronic money and the liabilities relating to outstanding electronic money do not exceed EUR 100 million.
(c) If an electronic money institution that is granted a derogation is not exempted from the minimum reserve requirements, it shall report, as a minimum, the quarterly data necessary to calculate the reserve base, as laid down in Annex III. The institution may choose to report the restricted set of reserve base data at a monthly frequency. (d) Whenever an individual electronic money institution is granted a derogation, the ECB will, for statistical purposes, record the institution in the list of MFIs as a non-financial corporation. The institution will also be treated as a non-financial corporation in situations where it is the counterparty of an MFI. The institution will continue to be treated as a credit institution for the purposes of the ECB's minimum reserve requirements.
(a) Without prejudice to paragraph 1, NCBs may grant derogations in respect of the reporting of revaluation adjustments to MMFs, removing from the MMFs any requirement to report revaluation adjustments. (b) NCBs may grant derogations in respect of the frequency and timeliness of the reporting of price revaluations of securities and require these data on a quarterly basis and with the same timeliness as for stock data reported on a quarterly basis, subject to the following requirements: (i) reporting agents, using different valuation methods, shall provide the NCBs with the relevant information on valuation practices, including quantitative indications on the percentage of their holdings of these instruments; (ii) where a substantial price revaluation has occurred, NCBs shall be entitled to request reporting agents to provide additional information relating to the month in which this took place.
(c) NCBs may grant derogations in respect of the reporting of price revaluations of securities, including the granting of complete exemption from any such reporting, to credit institutions which report the monthly stocks of securities on a security-by-security basis, subject to the following requirements: (i) the information reported includes, for each security, its carrying value on the balance sheet; (ii) for securities without publicy available identification codes, the information reported includes information on the instrument category, maturity and issuer which is at least sufficient for the derivation of the breakdowns defined as "minimum requirements" in Part 5 of Annex I.
(a) a list of MFIs for statistical purposes (see Part 1 for identification of certain MFIs); and (b) a specification of the statistical information reported by these MFIs at monthly, quarterly and annual frequency (see Parts 2, 3, 4, 5, 6 and 7).
transferability refers to the possibility of mobilising funds placed in a financial instrument by using payment facilities, such as cheques, transfer orders, direct debits or similar means, convertibility refers to the possibility and the cost of converting financial instruments into currency or transferable deposits; the loss of fiscal advantages in the case of such conversion may be considered a penalty that reduces the degree of liquidity, certainty means knowing precisely in advance the capital value of a financial instrument in terms of national currency, and securities quoted and traded regularly on an organised market are considered to be marketable. For shares in open-end collective investment undertakings, there is no market in the usual sense. Nevertheless, investors know the daily quotation of the shares and can withdraw funds at this price.
(a) the money market instrument shall be considered to be of a high credit quality, if it has been awarded one of the two highest available short-term credit ratings by each recognised credit rating agency that has rated the instrument or, if the instrument is not rated, it is of an equivalent quality as determined by the management company’s internal rating process. Where a recognised credit rating agency divides its highest short-term rating into two categories, these two ratings shall be considered as a single category and therefore the highest rating available; (b) the money market fund may, as an exception to the requirement in paragraph (a), hold sovereign issuance of at least investment grade quality, whereby "sovereign issuance" means money market instruments issued or guaranteed by a central, regional or local authority or central bank of a Member State, the ECB, the European Union or the European Investment Bank; (c) when calculating WAL for securities, including structured financial instruments, the maturity calculation is based on the residual maturity until the legal redemption of the instruments. However, when a financial instrument embeds a put option, the exercise date of the put option may be used instead of the legal residual maturity only if the following conditions are fulfilled at all times: the put option may be freely exercised by the management company at its exercise date, the strike price of the put option remains close to the expected value of the instrument at the next exercise date, the investment strategy of the MMF implies that there is a high probability that the option will be exercised at the next exercise date;
(d) when calculating both WAL and WAM, the impact of financial derivative instruments, deposits and efficient portfolio management techniques shall be taken into account; (e) "weighted average maturity" (WAM) shall mean a measure of the average length of time to maturity of all of the underlying securities in the fund weighted to reflect the relative holdings in each instrument, assuming that the maturity of a floating rate instrument is the time remaining until the next interest rate reset to the money market rate, rather than the time remaining before the principal value of the security must be repaid. In practice, WAM is used to measure the sensitivity of a MMF to changing money market interest rates; (f) "weighted average life" (WAL) shall mean the weighted average of the remaining maturity of each security held in a fund, meaning the time until the principal is repaid in full, disregarding interest and not discounting. Contrary to the calculation of the WAM, the calculation of the WAL for floating rate securities and structured financial instruments does not permit the use of interest rate reset dates and instead only uses a security’s stated final maturity. WAL is used to measure the credit risk, as the longer the reimbursement of principal is postponed, the higher the credit risk. WAL is also used to limit the liquidity risk; (g) "money market instruments" means instruments normally traded on the money market which are liquid and have a value which can be accurately determined at any time; (h) "management company" means a company, the regular business of which is the management of the portfolio of an MMF.
(a) Issuing MMFs: Issuing MMFs or the persons legally representing them report data on the residency breakdown of the holders of their shares/units issued. Such information may come from the agent distributing the shares/units or from any other entity involved in the issue, buy-back or transfer of the shares/units. (b) MFIs and OFIs as custodians of MMF shares/units: As reporting agents, MFIs and OFIs acting as custodians of MMF shares/units report data on the residency breakdown of the holders of shares/units issued by resident MMFs and held in custody on behalf of the holder or of another intermediary also acting as a custodian. This option is applicable if (i) the custodian distinguishes MMF shares/units kept in custody on behalf of holders from those kept on behalf of other custodians; and (ii) most of the MMF shares/units are in the custody of domestic resident institutions that are classified as financial intermediaries (MFIs or OFIs). (c) MFIs and OFIs as reporters of transactions of residents with non-residents involving shares/units of a resident MMF: As reporting agents, MFIs and OFIs acting as reporters of transactions of residents with non-residents involving shares/units of a resident MMF report data on the residency breakdown of the holders of shares/units issued by resident MMFs, which they trade on behalf of the holder or another intermediary also involved in the transaction. This option is applicable if (i) the reporting coverage is comprehensive, i.e. it covers substantially all of the transactions carried out by the reporting agents; (ii) accurate data on purchases and sales with non-residents of the participating Member States are provided; (iii) differences between issuing value and redemption value, excluding fees, of the same shares/units are minimal; and (iv) the amount of shares/units held by non-residents of the participating Member States issued by resident MMFs is low. (d) If options (a) to (c) do not apply, the reporting agents, including MFIs and OFIs, report the relevant data on the basis of available information.
| BALANCE SHEET ITEMS | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MFIs | Non-MFIs | MFIs | Non-MFIs | |||||||||||||||||||||||||
| Credit institutions | of which: credit institutions subject to RRs, ECB and NCBs | General government (S.13) | Other resident sectors | Credit institutions | of which: credit institutions subject to RRs, ECB and NCBs | General government (S.13) | Other resident sectors | |||||||||||||||||||||
| Central Government (S.1311) | Other general government | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | Central Government (S.1311) | Other general government | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | |||||||||||||||
| of which: CCP | of which: FVCs | of which: CCP | of which: FVCs | |||||||||||||||||||||||||
| (a) | (b) | (c) | (d) | (e) | (f) | (g) | (h) | (i) | (j) | (k) | (l) | (m) | (n) | (o) | (p) | (q) | (r) | (s) | (t) | |||||||||
| LIABILITIES | ||||||||||||||||||||||||||||
| * | * | * | * | * | * | * | ||||||||||||||||||||||
| ||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||
| of which Transferable deposits | ||||||||||||||||||||||||||||
| of which up to 2 years | ||||||||||||||||||||||||||||
| of which syndicated loans | ||||||||||||||||||||||||||||
| * | * | * | * | |||||||||||||||||||||||||
| * | * | * | * | |||||||||||||||||||||||||
| Of which Transferable deposits | ||||||||||||||||||||||||||||
| up to 1 year | * | * | * | * | ||||||||||||||||||||||||
| over 1 and up to 2 years | * | * | * | * | ||||||||||||||||||||||||
| over 2 years | * | * | * | * | * | * | * | * | * | * | * | |||||||||||||||||
| up to 3 months | * | * | * | * | ||||||||||||||||||||||||
| over 3 months | * | * | * | * | ||||||||||||||||||||||||
| of which over 2 years | * | * | * | * | * | * | * | * | * | * | * | |||||||||||||||||
| * | * | * | * | * | * | * | * | * | * | * | ||||||||||||||||||
| * | * | * | * | |||||||||||||||||||||||||
| up to 1 year | * | * | * | * | ||||||||||||||||||||||||
| over 1 and up to 2 years | * | * | * | * | ||||||||||||||||||||||||
| over 2 years | * | * | * | * | * | * | * | * | * | * | * | |||||||||||||||||
| up to 3 months | * | * | * | * | ||||||||||||||||||||||||
| over 3 months | * | * | * | * | ||||||||||||||||||||||||
| of which over 2 years | * | * | * | * | * | * | * | * | * | * | * | |||||||||||||||||
| * | * | * | * | * | * | * | * | * | * | * | ||||||||||||||||||
| * | |||||||||||||||||||||||||||
| * | |||||||||||||||||||||||||||
| of which up to 2 years and nominal capital guarantee below 100 % | ||||||||||||||||||||||||||||
| * | |||||||||||||||||||||||||||
| * | |||||||||||||||||||||||||||
| * | |||||||||||||||||||||||||||
| of which up to 2 years and nominal capital guarantee below 100 % | ||||||||||||||||||||||||||||
| * | |||||||||||||||||||||||||||
| Table 1. Liabilities | ||||||||||||||||||||||||||||
| MFIs | Non-MFIs | MFIs | Non-MFIs | |||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General government (S.13) | Other resident sectors | General government (S.13) | Other resident sectors | |||||||||||||||||||||||||
| Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | |||||||||||||||||||
| of which: CCP | of which: FVCs | Total | Credit for consumption | Lending for house purchase | Other lending | of which: CCP | of which: FVCs | Total | Credit for consumption | Lending for house purchase | Other lending | |||||||||||||||||
| of which: SP/UP | of which: SP/UP | |||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||
| of which: syndicated loans | ||||||||||||||||||||||||||||
| of which: repos | ||||||||||||||||||||||||||||
| 2e of which euro | ||||||||||||||||||||||||||||
| of which: revolving loans and overdrafts | ||||||||||||||||||||||||||||
| of which convenience credit card credit | ||||||||||||||||||||||||||||
| of which extended credit card credit | ||||||||||||||||||||||||||||
| up to 1 year | ||||||||||||||||||||||||||||
| over 1 and up to 2 years | ||||||||||||||||||||||||||||
| over 2 years | ||||||||||||||||||||||||||||
| up to 1 year | ||||||||||||||||||||||||||||
| over 1 and up to 2 years | ||||||||||||||||||||||||||||
| over 2 years | ||||||||||||||||||||||||||||
| Table 1. Assets | ||||||||||||||||||||||||||||
1. Subsector, maturity and real estate collateral breakdown of credit to non-MFIs of the participating Member States (see Table 2). This is required to enable the monitoring of the complete subsector and maturity structure of MFIs' overall credit financing (loans and securities) vis-à-vis the money-holding sector. For non-financial corporations and households, further "of which" positions are required identifying the loans secured with real estate collateral. For loans denominated in euro with original maturity over one and over two years vis-à-vis non-financial corporations and households, further "of which" positions are required for certain remaining maturities and interest rate reset periods (see Table 2). An interest rate reset is understood as a change in the interest rate of a loan which is foreseen in the current loan contract. Loans subject to interest rate reset include, inter alia , loans with interest rates which are periodically revised in accordance with the evolution of an index (e.g. Euribor), loans with interest rates which are revised on a continuous basis (floating rates), and loans with interest rates which are revisable at the MFI's discretion.2. Subsector breakdown of MFI deposit liabilities to the general government (other than central government) of the participating Member States (see Table 2). This is required as complementary information to the monthly reporting. 3. Sector breakdown of positions with counterparties outside the participating Member States (non-participating Member States and the rest of the world) (see Table 2). The sector classification in accordance with the System of National Accounts (SNA 93) applies where the ESA 95 is not in force. 4. Country breakdown (see Table 3). This breakdown is required to analyse further monetary developments and also for the purposes of the transitional requirements and for data quality checks. 5. Currency breakdown (see Table 4). This breakdown is required in order to permit the calculation of transactions for monetary aggregates and counterparts adjusted for exchange rate changes where these aggregates include all currencies combined.
| BALANCE SHEET ITEMS | ||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Non MFIs | Non-MFIs | Total | ||||||||||||||||||||||||||||||||||||||
| General government (S.13) | Other resident sectors | General government (S.13) | Other resident sectors | Banks | Non-banks | |||||||||||||||||||||||||||||||||||
| Total | Central government (S.1311) | Other general government | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | Total | Central government (S.1311) | Other general government | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | General government | Other resident sectors | |||||||||||||||||||||||
| Total | State government (S.1312) | Local government (S.1313) | Social security funds (S.1314) | Total | Credit for consumption | Lending for house purchase | Other lending | Total | State government (S.1312) | Local government (S.1313) | Social security funds (S.1314) | Total | Credit for consumption | Lending for house purchase | Other lending | |||||||||||||||||||||||||
| Real estate collateral | Real estate collateral | Real estate collateral | Real estate collateral | Real estate collateral | Real estate collateral | Real estate collateral | Real estate collateral | |||||||||||||||||||||||||||||||||
| LIABILITIES | ||||||||||||||||||||||||||||||||||||||||
| ASSETS | ||||||||||||||||||||||||||||||||||||||||
| up to 1 year | ||||||||||||||||||||||||||||||||||||||||
| over 1 and up to 5 years | ||||||||||||||||||||||||||||||||||||||||
| over 5 years | ||||||||||||||||||||||||||||||||||||||||
| Loans with original maturity over 1 year | ||||||||||||||||||||||||||||||||||||||||
| O/w: Loans with remaining maturity of less than or equal to 1 year | ||||||||||||||||||||||||||||||||||||||||
| O/w: Loans with remaining maturity over 1 year and with interest rate reset in the next 12 months | ||||||||||||||||||||||||||||||||||||||||
| Loans with original maturity over 2 years | ||||||||||||||||||||||||||||||||||||||||
| O/w: Loans with remaining maturity of less than or equal to 2 years | ||||||||||||||||||||||||||||||||||||||||
| O/w: Loans with remaining maturity over 2 years and with interest rate reset in the next 24 months | ||||||||||||||||||||||||||||||||||||||||
| up to 1 year | ||||||||||||||||||||||||||||||||||||||||
| over 1 year | ||||||||||||||||||||||||||||||||||||||||
| Monthly data requirements, see Table 1. | ||||||||||||||||||||||||||||||||||||||||
| BALANCE SHEET ITEMS | |||||
|---|---|---|---|---|---|
| Member State | Member State | Member State | Member State | ||
| LIABILITIES | |||||
| from MFIs | |||||
| from non-MFIs | |||||
| ASSETS | |||||
| to MFIs | |||||
| to non-MFIs | |||||
| issued by MFIs | |||||
| up to 1 year | |||||
| over 1 year and up to 2 years | |||||
| over 2 years | |||||
| issued by non-MFIs | |||||
| BALANCE SHEET ITEMS | All currencies combined | Euro | EU currencies other than euro | Currencies other than EU Member State currencies combined | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | EU Member State currency | EU Member State currency | EU Member State currency | GBP | Total | USD | JPY | CHF | Remaining currencies combined | |||
| LIABILITIES | ||||||||||||
| from MFIs | ||||||||||||
| from non-MFIs | ||||||||||||
| from MFIs | ||||||||||||
| from non-MFIs | ||||||||||||
| up to 1 year | ||||||||||||
| over 1 year | ||||||||||||
| from banks | ||||||||||||
| from non-banks | ||||||||||||
| ASSETS | ||||||||||||
| to MFIs | ||||||||||||
| to non-MFIs | ||||||||||||
| to MFIs | ||||||||||||
| to non-MFIs | ||||||||||||
| up to 1 year | ||||||||||||
| over 1 year | ||||||||||||
| to banks | ||||||||||||
| to non-banks | ||||||||||||
| issued by MFIs | ||||||||||||
| issued by non-MFIs | ||||||||||||
| issued by MFIs | ||||||||||||
| Issued by non-MFIs | ||||||||||||
| issued by banks | ||||||||||||
| issued by non-banks | ||||||||||||
| M | ||||||||||||
| Q | Quarterly data requirements, see Table 2. | |||||||||||
1. Number of transferable overnight deposits accounts. This item refers to the number of transferable overnight deposits accounts (see definitions of instrument categories in Part 2 of Annex II) held with the reporting institution. 2. Number of transferable overnight deposits accounts: Internet/personal computer (PC)-linked. This item refers to the number of transferable overnight deposits accounts held with the reporting institution which the account holder can access and use electronically via the Internet or PC banking using dedicated software and dedicated telecommunication lines in order to effectuate payments. Transferable overnight deposits with telephone or mobile phone banking access are not included, unless they are also accessible via the Internet or PC banking.
| NON-BALANCE SHEET ITEMS | ||||||||
|---|---|---|---|---|---|---|---|---|
| Non-MFIs | Non-MFIs | Non-banks | Non-MFIs | |||||
| Number of transferable overnight deposit accounts | ||||||||
| Number of transferable internet/PC-linked overnight deposit accounts | ||||||||
| BALANCE SHEET ITEMS | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MFIs | Non-MFIs | MFIs | Non-MFIs | |||||||||||||||||
| of which credit institutions subject to RRs, ECB and NCBs | General government | Other resident sectors | of which credit institutions subject to RRs, ECB and NCBs | General government | Other resident sectors | |||||||||||||||
| Central Government | Other general government | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | Central government | Other general government | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | |||||||
| LIABILITIES | ||||||||||||||||||||
| up to 1 year | ||||||||||||||||||||
| over 1 year | ||||||||||||||||||||
| up to 1 year | ||||||||||||||||||||
| over 1 and up to 2 years | ||||||||||||||||||||
| over 2 years | ||||||||||||||||||||
| up to 3 months | ||||||||||||||||||||
| over 3 months | ||||||||||||||||||||
| of which over 2 years | ||||||||||||||||||||
| up to 1 year | ||||||||||||||||||||
| over 1 and up to 2 years | ||||||||||||||||||||
| over 2 years | ||||||||||||||||||||
| up to 3 months | ||||||||||||||||||||
| over 3 months | ||||||||||||||||||||
| of which over 2 years | ||||||||||||||||||||
| up to 1 year | * | |||||||||||||||||||
| over 1 and up to 2 years | * | |||||||||||||||||||
| over 2 years | * | |||||||||||||||||||
| up to 1 year | * | |||||||||||||||||||
| over 1 and up to 2 years | * | |||||||||||||||||||
| over 2 years | * | |||||||||||||||||||
| Table 1A. Liabilities | ||||||||||||||||||||
| BALANCE SHEET ITEMS | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MFIs | Non-MFIs | MFIs | Non-MFIs | |||||||||||||||||||
| General goverment | Other resident sectors | General government | Other resident sectors | |||||||||||||||||||
| Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | |||||||||||||
| Credit for consumption | Lending for house purchase | Other lending | Credit for consumption | Lending for house purchase | Other lending | |||||||||||||||||
| of which: SP/UP | of which: SP/UP | |||||||||||||||||||||
| ASSETS | ||||||||||||||||||||||
| MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | ||||||
| up to 1 year | ||||||||||||||||||||||
| over 1 year and up to 5 years | ||||||||||||||||||||||
| over 5 years | ||||||||||||||||||||||
| of which: syndicated loans | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | ||||||||||||||
| of which: over 2 years | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | |||||||||||||||
| (no cell) | ||||||||||||||||||||||
| up to 1 year | ||||||||||||||||||||||
| over 1 and up to 2 years | ||||||||||||||||||||||
| over 2 years | ||||||||||||||||||||||
| (no cell) | ||||||||||||||||||||||
| up to 1 year | ||||||||||||||||||||||
| over 1 and up to 2 years | ||||||||||||||||||||||
| over 2 years | ||||||||||||||||||||||
| MINIMUM | MINIMUM | MINIMUM | MINIMUM | MINIMUM | ||||||||||||||||||
| Table 1A. Assets | ||||||||||||||||||||||
disposals and acquisitions with an impact on the loan stocks reported in accordance with Parts 2 and 3 of Annex I, i.e. disposals implying derecognition and acquisitions implying recognition or re-recognition, are allocated to Part 1, disposals and acquisitions without an impact on the loan stocks reported in accordance with Parts 2 and 3 of Annex I, i.e. disposals not implying derecognition and acquisitions not implying recognition or re-recognition, are allocated to Part 2.
| BALANCE SHEET ITEMS | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General government (S.13) | Other resident sectors | General government (S.13) | Other resident sectors | ||||||||||||
| Total | Other general government (S.1312 + S.1313 + S.1314) | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | Total | Other general government (S.1312 + S.1313 + S.1314) | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | ||
| BALANCE SHEET ITEMS | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General government (S.13) | Other resident sectors | General government (S.13) | Other resident sectors | ||||||||||||||||||
| Total | Other general government (S.1312 + S.1313 + S.1314) | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | Total | Other general government (S.1312 + S.1313 + S.1314) | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | ||||||||
| Credit for consumption | Lending for house purchase | Other lending | Credit for consumption | Lending for house purchase | Other lending | ||||||||||||||||
| SP/UP | SP/UP | ||||||||||||||||||||
| Loan purpose | |||||||||||||||||||||
| up to 1 year | |||||||||||||||||||||
| over 1 and up to 5 years | |||||||||||||||||||||
| over 5 years | |||||||||||||||||||||
| up to 1 year | |||||||||||||||||||||
| over 1 and up to 5 years | |||||||||||||||||||||
| over 5 years | |||||||||||||||||||||
| Loan purpose | |||||||||||||||||||||
| up to 1 year | |||||||||||||||||||||
| over 1 and up to 5 years | |||||||||||||||||||||
| over 1 and up to 5 years | |||||||||||||||||||||
| up to 1 year | |||||||||||||||||||||
| over 1 and up to 5 years | |||||||||||||||||||||
| over 5 years | |||||||||||||||||||||
| Monthly data requirements, see Table 5a. | |||||||||||||||||||||
1. The breakdown by currency referred to in Part 2, Section 4. 2. The separate identification of: positions with central counterparties as referred to in Part 2, Section 5.3, syndicated loans as indicated in Part 2, Table 1, debt securities of up to two years' maturity and nominal capital guarantee below 100 %, as indicated in Part 2, Table 1.
3. The sector breakdown referred to in Part 3, Section 3. 4. The country breakdown referred to in Part 3, Section 4. 5. The currency breakdown referred to in Part 3, Section 5.
| BALANCE SHEET ITEMS | |
|---|---|
| ASSETS | LIABILITIES |
|
|
| NON-BALANCE SHEET ITEMS | |
| ASSETS | LIABILITIES |
|---|---|
|
|
|
|
|
|
institutions incorporated and located in that territory, including subsidiaries Subsidiaries are separate incorporated entities in which another entity has a majority or full participation, whereas branches are unincorporated entities (without independent legal status) totally owned by the parent. branches of institutions that have their head office outside that territory.
(a) If a parent company and its subsidiaries are MFIs located in the same national territory, the parent company is permitted to consolidate in its statistical returns the business of these subsidiaries, keeping however the business of credit institutions and other MFIs separate. (b) If an institution has branches located within the territories of the other participating Member States, the registered or head office located in a given participating Member State considers the positions towards all these branches as positions towards residents in the other participating Member States. Conversely, a branch located in a given participating Member State considers the positions towards the registered or head office or towards other branches of the same institution located within the territories of the other participating Member States as positions towards residents in the other participating Member States. (c) If an institution has branches located outside the territory of the participating Member States, the registered or head office located in a given participating Member State considers the positions towards all these branches as positions towards residents of the rest of the world. Conversely, a branch located in a given participating Member State considers the positions towards the registered or head office or towards other branches of the same institution located outside the participating Member States as positions towards residents of the rest of the world.
| Category | Description of main features |
|---|---|
| Holdings of euro and foreign banknotes and coins in circulation that are commonly used to make payments | |
| |
| |
| |
| This asset item includes holdings of shares/units issued by MMFs. See also definition in Annex I, Part 1, Section 2 (see also liability category 5 and asset category 10) | |
| Holdings of securities which represent property rights in corporations or quasi-corporations. These securities generally entitle the holders to a share in the profits of corporations or quasi-corporations and to a share in their own funds in the event of liquidation. Mutual fund shares (other than MMF shares/units) are included here | |
|
| Category | Description of main features |
|---|---|
| The liability category "currency in circulation" is defined as "banknotes and coins in circulation that are commonly used to make payments". This category includes banknotes issued by the ECB and the NCBs. Coins in circulation are not a liability of MFIs in the participating Member States, but a liability of the central government. However, coins are part of the monetary aggregates and, by convention, this liability is to be entered under the category "currency in circulation". The counterpart to this liability is to be included within "remaining assets" | |
| |
| |
| Transferable deposits are those deposits within the category "overnight deposits" which are directly transferable on demand to make payments to other economic agents by commonly used means of payment, such as credit transfer and direct debit, possibly also by credit or debit card, e-money transactions, cheques, or similar means, without significant delay, restriction or penalty. Deposits that can only be used for cash withdrawal and/or deposits from which funds can only be withdrawn or transferred through another account of the same owner are not to be included as transferable deposits | |
| Non-transferable deposits which cannot be converted into currency before an agreed fixed term or that can only be converted into currency before that agreed term provided that the holder is charged some kind of penalty. This item also includes administratively regulated savings deposits where the maturity related criterion is not relevant (classified in the maturity band "over two years"). Financial products with roll-over provisions must be classified according to the earliest maturity. Although deposits with agreed maturity may feature the possibility of earlier redemption after prior notification, or may be redeemable on demand subject to certain penalties, these features are not considered to be relevant for classification purposes | |
| |
| Non-transferable deposits without any agreed maturity which cannot be converted into currency without a period of prior notice; before the expiry the conversion into currency is not possible or possible only with a penalty. They include deposits which, although perhaps legally withdrawable on demand, would be subject to penalties and restrictions according to national practice (classified in the maturity band "up to and including three months), and investment accounts without period of notice or agreed maturity, but which contain restrictive drawing provisions (classified in the maturity band "over three months) | |
| |
| |
| Shares or units issued by MMFs. See definition in Annex I, Part 1, Section 2 | |
| |
| |
| Hybrid instruments issued by MFIs of original maturity of up to two years and which at maturity may have a contractual redemption value in the issuing currency lower than the amount originally invested due to their combination of debt and derivative components | |
| |
|
| Sector | Definition |
|---|---|
| MFIs | See Article 1 of this Regulation |
| General government (S.13) (ESA 95, paragraphs 2.68 to 2.70) | Resident units which are principally engaged in the production of non-market goods and services intended for individual and collective consumption, and/or in the redistribution of national income and wealth |
| Central government (S.1311) (ESA 95, paragraph 2.71) | Administrative departments of the State and other central agencies whose competence extends over the whole economic territory, except for the administration of social security funds |
| State government (S.1312) (ESA 95, paragraph 2.72) | Separate institutional units exercising some of the functions of government at a level below that of central government and above that of local government, except for the administration of social security funds |
| Local government (S.1313) (ESA 95, paragraph 2.73) | Public administration whose competence extends only to a local part of the economic territory, excluding local agencies of social security funds |
| Social security funds (S.1314) (ESA 95, paragraph 2.74) | Central, state and local institutional units whose principal activity is to provide social benefits |
| Other financial intermediaries (S.123) + financial auxiliaries (S.124) (ESA 95, paragraphs 2.53 to 2.59) | Financial corporations and quasi-corporations (except insurance corporations and pension funds) principally engaged in financial intermediation by incurring liabilities in forms other than currency, deposits and/or close substitutes for deposits from institutional units other than MFIs, or insurance technical reserves. FVCs, non-MFI central counterparties and financial auxiliaries consisting of all financial corporations and quasi-corporations that are principally engaged in auxiliary financial activities are included |
| Insurance corporations and pension funds (S.125) (ESA 95, paragraphs 2.60 to 2.67) | Financial corporations and quasi-corporations principally engaged in financial intermediation as the consequence of the pooling of risks |
| Non-financial corporations (S.11) (ESA 95, paragraphs 2.21 to 2.31) | Corporations and quasi-corporations not engaged in financial intermediation but principally in the production of market goods and non-financial services |
| Households (S.14) and non-profit institutions serving households (S.15) (ESA 95, paragraphs 2.75 to 2.88) | Individuals or groups of individuals as consumers, and producers of goods and non-financial services exclusively for their own final consumption, and as producers of market goods and non-financial and financial services provided that their activities are not those of quasi-corporations. Non-profit institutions which serve households and which are principally engaged in the production of non-market goods and services intended for particular groups of households are included |
| Sole proprietors and unincorporated partnerships (sub-population of "Households") (ESA 95, paragraph 2.76d) | Sole proprietors and unincorporated partnerships without independent legal status — other than those created as quasi-corporations — which are market producers. This includes unincorporated businesses, (partnerships of) self-employed lawyers, doctors etc. In the case of sole proprietors, the business entity is inseparably linked to the natural person(s) who is/are the owner(s), combining all rights and obligations arising from the business and the private sphere |
| Reserve base calculated as the sum of the following columns in Table 1 (Liabilities): (a) - (b) + (c) + (d) + (e) + (j) - (k) + (l) + (m) + (n) + (s) | |
|---|---|
| DEPOSIT LIABILITIES | |
| Voluntary reporting | |
| Outstanding issues, column (t) in Table 1 (Liabilities) | |
| NEGOTIABLE INSTRUMENTS | |
| Case number | Type of merger | Obligations to be assumed |
|---|---|---|
| 1 | A merger where a full reporter (acquiring institution) acquires one or more full reporters (merging institutions) takes effect after the deadline set by the relevant NCB for the reporting of monthly statistical information relating to the preceding month | For the maintenance period consecutive to the merger, the reserve requirement of the acquiring institution is calculated on the basis of a reserve base aggregating the reserve bases of the acquiring institution and of the merging institutions. The reserve bases to be aggregated are those which would have been relevant for this maintenance period had the merger not occurred. Only one lump-sum allowance is granted |
| 2 | A merger where a full reporter (acquiring institution) acquires one or more tail institutions and possibly one or more full reporters (merging institutions) takes effect after the deadline set by the relevant NCB for the reporting of statistical information relating to the preceding quarter | For the maintenance period consecutive to the merger, the reserve requirement of the acquiring institution is calculated on the basis of a reserve base aggregating the reserve bases of the acquiring institution and of the merging institutions. The reserve bases to be aggregated are those which would have been relevant for this maintenance period had the merger not occurred. Only one lump-sum allowance is granted |
| 3 | A merger where a full reporter (acquiring institution) acquires one or more full reporters (merging institutions) takes effect within the period between the end of a month and the deadline set by the relevant NCB for the reporting of monthly statistical information relating to the preceding month | For the maintenance period consecutive to the merger, the reserve requirement of the acquiring institution is calculated on the basis of a reserve base aggregating the reserve bases of the acquiring institution and of the merging institutions. The reserve bases to be aggregated are those which would have been relevant for this maintenance period had the merger not occurred. Only one lump-sum allowance is granted. The acquiring institution assumes, in addition to its own reporting obligations, the reporting obligations of merging institutions for statistical information relating to the month preceding the merger |
| 4 | A merger where a full reporter (acquiring institution) acquires one or more tail institutions and possibly one or more full reporters (merging institutions) takes effect within the period between the end of a quarter and the deadline set by the relevant NCB for the reporting of statistical information relating to the preceding quarter | For the maintenance period consecutive to the merger, the reserve requirement of the acquiring institution is calculated on the basis of a reserve base aggregating the reserve bases of the acquiring institution and of the merging institutions. The reserve bases to be aggregated are those which would have been relevant for this maintenance period had the merger not occurred. Only one lump-sum allowance is granted. The acquiring institution assume, in addition to its own reporting obligations, the reporting obligations of merging institutions for statistical information relating to the month or the quarter preceding the merger, depending on the institution |
| 5 | A merger where a tail institution (acquiring institution) acquires one or more full reporters and possibly one or more tail institutions (merging institutions) takes effect after the deadline set by the relevant NCB for the reporting of statistical information relating to the preceding month | The same procedure as in Case 1 is applied |
| 6 | A merger where a tail institution (acquiring institution) acquires one or more tail institutions (merging institutions) takes effect after the deadline set by the relevant NCB for the reporting of statistical information relating to the preceding quarter | From the maintenance period consecutive to the merger and until the acquiring institution has reported quarterly data for the first time after the merger in accordance with the reduced reporting requirements imposed upon tail reporters as set out in Annex III to this Regulation, the reserve requirement of the acquiring institution is calculated on the basis of a reserve base aggregating the reserve bases of the acquiring institution and of the merging institutions. The reserve bases to be aggregated are those which would have been relevant for this maintenance period had the merger not occurred. Only one lump-sum allowance is granted |
| 7 | A merger where a tail institution (acquiring institution) acquires one or more tail institutions (merging institutions) takes effect after the deadline set by the relevant NCB for the reporting of statistical information relating to the preceding quarter and, as a result of the merger, the tail institution becomes a full reporter | The same procedure as in Case 2 is applied |
| 8 | A merger where a tail institution (acquiring institution) acquires one or more tail institutions (merging institutions) takes effect within the period between the end of a quarter and the deadline set by the relevant NCB for the reporting of statistical information relating to the preceding quarter | From the maintenance period consecutive to the merger and until the acquiring institution has reported for the first time after the merger quarterly data in accordance with the reduced reporting requirements imposed upon tail reporters as set out in Annex III to this Regulation, the reserve requirement of the acquiring institution is calculated on the basis of a reserve base aggregating the reserve bases of the acquiring institution and of the merging institutions. The reserve bases to be aggregated are those which would have been relevant for this maintenance period had the merger not occurred. Only one lump-sum allowance is granted. The acquiring institution assumes, in addition to its own reporting obligations, the reporting obligations of merging institutions for statistical information relating to the quarter preceding the merger |
| 9 | A merger where a tail institution (acquiring institution) acquires one or more full reporters and possibly one or more tail institutions (merging institutions) takes effect within the period between the end of a month and the deadline set by the relevant NCB for the reporting of monthly statistical information relating to the preceding month | The same procedure as in Case 3 is applied |
| 10 | A merger where a tail institution (acquiring institution) acquires one or more tail institutions (merging institutions) takes effect within the period between the end of a quarter and the deadline set by the relevant NCB for the reporting of statistical information relating to the preceding quarter and, as a result of the merger, the tail institution becomes a full reporter | The same procedure as in Case 4 is applied |
| 11 | A merger where a full reporter (acquiring institution) is created from full reporters (merging institutions) takes effect within the period between the end of a month and the deadline set by the relevant NCB for the reporting of monthly statistical information relating to the preceding month | For the maintenance period consecutive to the merger, the reserve requirement of the acquiring institution is calculated on the basis of a reserve base aggregating the reserve bases of the merging institutions. The reserve bases to be aggregated are those which would have been relevant for this maintenance period had the merger not occurred. Only one lump-sum allowance is granted. The acquiring institution assumes the reporting obligations of merging institutions for statistical information relating to the month preceding the merger |
| 12 | A merger where a full reporter (acquiring institution) is created from one or more tail institutions and possibly one or more full reporters (merging institutions) takes effect within the period between the end of a quarter and the deadline set by the relevant NCB for the reporting of statistical information relating to the preceding quarter | For the maintenance period consecutive to the merger, the reserve requirement of the acquiring institution is calculated on the basis of a reserve base aggregating the reserve bases of the merging institutions. The reserve bases to be aggregated are those which would have been relevant for this maintenance period had the merger not occurred. Only one lump-sum allowance is granted. The acquiring institution assumes the reporting obligations of merging institutions for data relating to the month or the quarter preceding the merger, depending on the institution |
| 13 | A merger where a tail institution (acquiring institution) is created from one or more tail institutions (merging institutions) takes effect within the period between the end of a quarter and the deadline set by the relevant NCB for the reporting of statistical information relating to the preceding quarter | From the maintenance period consecutive to the merger and until the acquiring institution has reported quarterly data for the first time after the merger in accordance with the reduced reporting requirements imposed upon tail reporters as set out in Annex III to this Regulation, the reserve requirement of the acquiring institution is calculated on the basis of a reserve base aggregating the reserve bases of the merging institutions. The reserve bases to be aggregated are those which would have been relevant for this maintenance period had the merger not occurred. Only one lump-sum allowance is granted. The acquiring institution assumes the reporting obligations of merging institutions for data relating to the quarter preceding the merger |
(a) reporting to the NCBs must be timely and within the deadlines set by the relevant NCB; (b) statistical reports must take their form and format from the technical reporting requirements set by the NCBs; (c) the contact person(s) within the reporting agent must be identified; and (d) the technical specifications for data transmission to NCBs must be followed.
(a) the statistical information must be correct: all linear constraints must be fulfilled (e.g. assets and liabilities must balance, subtotals must add up to totals), and data must be consistent across all frequencies;
(b) reporting agents must be able to provide information on the developments implied by the data supplied; (c) the statistical information must be complete: existing gaps must be acknowledged, explained to NCBs and, where applicable, bridged as soon as possible; (d) the statistical information must not contain continuous and structural gaps; (e) reporting agents must follow the dimensions and decimals set by the NCBs for the technical transmission of the data; and (f) reporting agents must follow the rounding policy set by the NCBs for the technical transmission of the data.
(a) the statistical information must comply with the definitions and classifications contained in this Regulation; (b) in the event of deviations from these definitions and classifications, where applicable, reporting agents must monitor on a regular basis and quantify the difference between the measure used and the measure contained in this Regulation; and (c) reporting agents must be able to explain breaks in the data supplied compared with the previous periods’ figures.
| Regulation (EC) No 2423/2001 (ECB/2001/13) | This regulation |
|---|---|
| Article 1 | Article 1 |
| Article 2(1) | Article 1 first indent; Article 2(1) |
| Article 2(2) | Article 8(1) |
| Article 2(3) | Article 8(1)(e) |
| Article 3(1) | Article 3(1) |
| Article 3(2) | Article 3(2) |
| Article 3(3) | Article 3(3) |
| Article 4(1) | Article 4(1) |
| Article 4(2) | Article 4(1) |
| Article 4(3) | Article 9(1) |
| Article 4(4) | Article 9(2) |
| Article 4(5) | Article 8(1)(b); Article 8(1)(c) |
| Article 4(6) | Article 8(5)(a) |
| Article 4(7) | Article 8(5)(b) |
| Article 4(8) | Article 10 |
| Article 5 | Article 11 |
| Article 6 | Article 12 |
| Article 7 | — |
| Article 8 | Article 14 |
| Article 9 | Article 15 |
| Annex I, Part 1, Introduction | Annex I, Introduction |
| Annex I, Part 1, I, point 1 | Article 3(1) |
| Annex I, Part 1, I, point 2 | Article 1 first indent |
| Annex I, Part 1, I, point 3 | Article 2(3) |
| Annex I, Part 1, I, point 4 | Annex 1, Part 1, Section 1, point 1.1 |
| Annex I, Part 1, I, point 5 | Annex 1, Part 1, Section 1, point 1.2 |
| Annex I, Part 1, I, point 6 | Article 1 first indent; Annex 1, Part 1, Section 2, point 2.1 |
| Annex I, Part 1, I, point 7 | Annex 1, Part 1, Section 2, point 2.2 |
| Annex I, Part 1, I, point 8 | Article 1 first indent |
| Annex I, Part 1, I, point 9 | Article 8(3)(a) |
| Annex I, Part 1, II | Article 7 |
| Annex I, Part 1, III, point 1 | Recital 2, recital 10, Annex III, Part 1, point 1 |
| Annex I, Part 1, III, point 2 | Annex I, Introduction; Annex I, Part 2 |
| Annex I, Part 1, III, point 3 | Annex I, Part 2 |
| Annex I, Part 1, III, (i), (a), point 4 | Annex I, Part 2, point 1(a) |
| Annex I, Part 1, III, (i), (a), point 5 | Annex I, Part 2, point 2 |
| Annex I, Part 1, III, (i), (b), point 6 | Annex I, Part 2, point 1(b) |
| Annex I, Part 1, III, (ii), point 7 | Annex I, Part 2, point 4 |
| Annex I, Part 1, III, (iii), point 8 | Annex I, Part 2, point 5.1 |
| Annex I, Part 1, III, (iii), point 9 | Annex I, Part 2, point 5.1 |
| Annex I, Part 1, III, (iv), point 10 | Annex I, Part 2, point 3 |
| Annex I, Part 1, III, (v), point 11 | — |
| Annex I, Part 1, III, (v), point 12 | Recital 8 |
| Annex I, Part 1, III, point 13 | Recital 8 |
| Annex I, Part 1, III, (vi), point 13a | Annex I, Part 2, point 5.5 |
| Annex I, Part 1, III, (vi), point 13b | — |
| Annex I, Part 1, III, (vi), point 13c | Annex I, Part 2, point 5.5 |
| Annex I, Part 1, III, (vi), point 13d | Annex I, Part 2, point 5.5 |
| Annex I, Part 1, III, (vi), point 13e | Article 8(3)(b) |
| Annex I, Part 1, III, (vi), point 14 | Article 6 |
| Annex I, Part 1, III, (vi), point 15 | Article 7(2) |
| Annex I, Part 1, III, (vi), point 16 | Article 7(4) |
| Annex I, Part 1, IV, point 1 | Annex I, Part 3 |
| Annex I, Part 1, IV, point 2 | Annex I, Part 3 |
| Annex I, Part 1, IV, (a), point 3 | Annex I, Part 3, point 1 |
| Annex I, Part 1, IV, (a), point 4 | — |
| Annex I, Part 1, IV, (b), point 5 | Annex I, Part 3, point 2 |
| Annex I, Part 1, IV, (c), point 6 | Annex I, Part 3, point 4 |
| Annex I, Part 1, IV, (c), point 6a | Article 8(6) |
| Annex I, Part 1, IV, (d), point 7 | Annex I, Part 3, point 5 |
| Annex I, Part 1, IV, (d), point 7a | Article 8(6) |
| Annex I, Part 1, IV, (e), point 8 | Annex I, Part 3, point 3 |
| Annex I, Part 1, IV, (e), point 9 | Article 6 |
| Annex I, Part 1, IV, (e), point 9a | — |
| Annex I, Part 1, IV, point 10 | Article 7 |
| Annex I, Part 1, V, point 1 | Recital 9 |
| Annex I, Part 1, V, point 2 | Recital 9; Article 4 |
| Annex I, Part 1, V, point 3 | Article 4(1) |
| Annex I, Part 1, V, point 4 | Article 4(2) |
| Annex I, Part 1, V, point 5 | Recital 9 |
| Annex I, Part 1, V, point 6 | Annex I, Part 5, point 1 |
| Annex I, Part 1, V, (i), point 7 | Annex I, Part 5, Table 1A |
| Annex I, Part 1, V, (ii), point 8 | Annex I, Part 5, Table 1A |
| Annex I, Part 1, V, (iii), point 9 | Annex I, Part 5, Table 1A |
| Annex I, Part 1, V, (iv), point 10 | Article 6 |
| Annex I, Part 1, V, point 11 | Annex I, Part 4, point 2 |
| Annex I, Part 1, V, (i), point 12 | Annex I, Part 5, Table 1A |
| Annex I, Part 1, V, point 13 | Annex I, Part 5, Table 1A |
| Annex I, Part 1, V, (ii), point 14 | Annex I, Part 5, Table 1A |
| Annex I, Part 1, V, (iii), point 15 | Annex I, Part 5, Table 1A |
| Annex I, Part 1, V, point 16 | Annex I, Part 5, Table 1A |
| Annex I, Part 1, V, (iv), point 17 | Article 6 |
| Annex I, Part 2, Table A | Annex I, Part 8 |
| Annex I, Part 2, Table 1 | Annex I, Part 2 |
| Annex I, Part 2, Table 1, footnote 5 | Annex III, Part 1, point 3 |
| Annex I, Part 2, Table 2 | Annex I, Part 3 |
| Annex I, Part 2, Table 3 | Annex I, Part 3 |
| Annex I, Part 2, Table 4 | Annex I, Part 3 |
| Annex I, Part 2, Table 1A | Annex I, Part 5 |
| Annex I, Part 3, General definitions | Annex II, Part 1 |
| Annex I, Part 3, Definitions of sectors | Annex II, Part 3 |
| Annex I, Part 3, Definitions of instrument categories | Annex II, Part 2 |
| Annex I, Part 3, Table | Annex II, Part 2 |
| Annex II, Part 1, I, point 1 | |
| Annex II, Part 1, II, point 2 | Annex III, Part 1, point 4 |
| Annex II, Part 1, III, point 3 | Annex III, Part 2, Section 1, point 1.1 |
| Annex II, Part 1, III, point 4 | Annex III, Part 2, Section 1, point 1.2 |
| Annex II, Part 1, IV, point 5 | Annex III, Part 1, point 2 |
| Annex II, Part 1, IV, point 6 | Annex III, Part 1, point 2 |
| Annex II, Part 2, point 7 | Annex III, Part 1, Table, footnote |
| Annex II, Part 3, point 8 | Annex III, Part 2, Section 2, point 2.1 |
| Annex II, Part 3, point 9 | Annex III, Part 2, Section 2, point 2.2 |
| Annex II, Part 3, point 10 | Annex III, Part 2, Section 2, point 2.3 |
| Annex II, Part 3, point 11 | Annex III, Part 2, Section 2, point 2.4 |
| Annex II, Part 3, Table | Annex III, Part 1, Table |
| Annex II, Appendix, Table | Annex II, Part 2, Table |
| Annex III | Article 8 |
| Annex IV | Annex IV |
| Annex V | Article 13 |