Decision (EU) 2020/1100 of the European Central Bank
of 17 July 2020
amending Decision (EU) 2015/32 concerning derogations that may be granted under Regulation (EU) No 1073/2013 (ECB/2020/33)
THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,
Having regard to Regulation (EU) No 1073/2013 of the European Central Bank of 18 October 2013 concerning statistics on the assets and liabilities of investment funds (ECB/2013/38)1, and in particular Article 8(2) thereof,
Whereas:
Article 8(2) of Regulation (EU) No 1073/2013 (ECB/2013/38) provides that derogations from statistical reporting requirements may be granted to investment funds (IFs) that are subject to national accounting rules which allow the valuation of their assets less frequently than quarterly. It further provides that the IF categories to which the national central banks (NCBs) have the discretion to grant derogations are to be decided by the Governing Council. The list of those IF categories is contained in a Decision adopted by the Governing Council.
In the course of the review prescribed by Article 1 of Decision (EU) 2015/32 of the European Central Bank (ECB/2014/62)2, the Governing Council determined that it is necessary to include further investment fund categories for which derogations may be granted under Article 8(2) of Regulation (EU) No 1073/2013 (ECB/2013/38) for Austria, Latvia, Lithuania and Portugal, remove investment fund categories for France that no longer apply, and make minor amendments resulting from changes to certain national legal acts.
Therefore, Decision (EU) 2015/32 (ECB/2014/62) should be amended accordingly,
HAS ADOPTED THIS DECISION: