Commission Regulation (EU) No 1227/2010 of 20 December 2010 amending Regulation (EC) No 1055/2008 implementing Regulation (EC) No 184/2005 of the European Parliament and of the Council, as regards quality criteria and quality reporting for balance of payments statistics
Commission Regulation (EU) No 1227/2010of 20 December 2010amending Regulation (EC) No 1055/2008 implementing Regulation (EC) No 184/2005 of the European Parliament and of the Council, as regards quality criteria and quality reporting for balance of payments statisticsTHE EUROPEAN COMMISSION,Having regard to the Treaty on the Functioning of the European Union,Having regard to Regulation (EC) No 184/2005 of the European Parliament and of the Council of 12 January 2005 on Community statistics concerning balance of payments, international trade in services and foreign direct investmentOJ L 35, 8.2.2005, p. 23., and in particular Article 4(3) thereof,Whereas:(1)Regulation (EC) No 184/2005 establishes a common framework for the systematic production of Community statistics concerning balance of payments, international trade in services and foreign direct investment.(2)Commission Regulation (EC) No 1055/2008OJ L 283, 28.10.2008, p. 3. laid down the common quality criteria and the periodicity of quality reports for balance-of-payments statistics.(3)The common quality criteria and the periodicity of the quality reports for balance-of-payments statistics need to be adapted, in order to reflect the quality criteria laid down in Article 12(1) of Regulation (EC) No 223/2009 of the European Parliament and of the CouncilOJ L 87, 31.3.2009, p. 164. on European statistics.(4)Regulation (EC) No 1055/2008 should therefore be amended accordingly.(5)The measures provided for in this Regulation are in accordance with the opinion of the Balance of Payments Committee,HAS ADOPTED THIS REGULATION: