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Decision (EU) 2017/468 of the European Central BankShow full title
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)
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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:
(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).
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