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of 19 December 2008 concerning the balance sheet of the monetary financial institutions sector (Recast) (ECB/2008/32) (repealed) (c. 25)

ANNEX III APPLICATION OF MINIMUM RESERVE REQUIREMENTS AND RELATED SPECIAL RULES

PART 2 Special rules

Section 1: Statistical reporting on an aggregated basis as a group by credit institutions subject to the ECB's minimum reserve system

1.1. Subject to the fulfilment of the conditions set out in Article 11 of Regulation (EC) No 1745/2003 (ECB/2003/9), the ECB's Executive Board may allow credit institutions subject to minimum reserve requirements to carry out aggregated statistical reporting as a group within a single national territory. All institutions concerned are included separately in the ECB's list of MFIs.

1.2. If credit institutions have been permitted to hold minimum reserves through an intermediary, pursuant to Article 10 of Regulation (EC) No 1745/2003 (ECB/2003/9), and do not benefit from the group reporting referred to in this section, the relevant NCB may authorise the intermediary to carry out aggregated statistical reporting (other than in respect of the reserve base) on behalf of credit institutions. All institutions concerned are included separately in the ECB's list of MFIs.

1.3. If the group of credit institutions as a whole falls under the ‘tail’, it is only required to comply with the simplified reporting for ‘tail’ institutions. Otherwise, the reporting scheme for full reporters applies to the group as a whole.