Regulation (EC) No 993/2002 of the European Central Bank of 6 June 2002 correcting Regulation ECB/2001/13 concerning the consolidated balance sheet of the monetary financial institutions sector (ECB/2002/4)
Date: 2002-06-06
Institutions: European Central Bank
Subjects: European Central Bank, balance sheet, financial institution

11.6.2002

EN

Official Journal of the European Communities

L 151/11

REGULATION (EC) No 993/2002 OF THE EUROPEAN CENTRAL BANK

of 6 June 2002

correcting Regulation ECB/2001/13 concerning the consolidated balance sheet of the monetary
financial institutions sector (1)

(ECB/2002/4)

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL
BANK,

Having regard to Council Regulation (EC) No 2533/98 of 23
November 1998 concerning the collection of statistical infor-
mation by the European Central Bank (2), and in particular to
Article 5(1) and Article 6(4) thereof,

Having regard to Council Regulation (EC) No 2531/98 of 23
November 1998 concerning the application of minimum
reserves by the European Central Bank (3), amended by Regula-
tion (EC) No 134/2002 (4), and in particular to Article 6(4)
thereof,

Whereas:

(1)

(2)

Regulation ECB/2001/13 was intended to replace Regu-
lation ECB/1998/16 of 1 December 1998 concerning
the consolidated balance sheet of the monetary financial
institutions sector (5) as amended by Regulation ECB/
2000/8 (6) from 1 January 2003. Reporting under the
January 2003.
new regime begins with data for
Reporting obligations under Regulation ECB/1998/16
should therefore have continued to exist until 1 January
2003. However, the date of entry into force of Regula-
tion ECB/2001/13 was erroneously set as 1 January
2002, with the result
that Regulation ECB/1998/16,
which under the provisions of Regulation ECB/2001/13
is repealed at the date of entry into force of the latter,
was repealed one year too soon. Regulation ECB/2001/
13 therefore has to be corrected to make clear that it
enters into force on 1 January 2003.

Reporting agents have been subject to the reporting
requirements laid down in Regulation ECB/1998/16
since 1 January 1999. The continued application of the
latter Regulation until 31 December 2002, in particular,
the obligation to comply with it from 1 January 2002,

i.e. before the date at which the present regulation enters
into force, is considered not to infringe any legitimate
expectations of the reporting agents, which continued to
report the relevant statistical information after the end
of 2001,

HAS ADOPTED THIS REGULATION:

Article 1

Regulation ECB/2001/13 is corrected as follows:

— Article 8(1) is replaced by the following:

Regulation (EC) No 2819/98 (ECB/1998/16) shall be

‘1.
repealed on 1 January 2003.’

— Article 9 is replaced by the following:

‘Article 9

This Regulation shall enter into force on 1 January 2003.’

Article 2

Final provision

This Regulation shall enter into force on the day of its publica-
tion in the Official Journal of the European Communities.

Done at Frankfurt am Main, 6 June 2002.

On behalf of the Governing Council of the
ECB

The President

Willem F. DUISENBERG

(1) Regulation (EC) No 2423/2001 of the European Central Bank (OJ

L 333, 17.12.2001, p. 1).
(2) OJ L 318, 27.11.1998, p. 8.
(3) OJ L 318, 27.11.1998, p. 1.
(4) OJ L 24, 26.1.2002, p. 1.
(5) Regulation (EC) No 2819/98 of the European Central Bank (OJ L

(6) Regulation (EC) No 1921/2000 of the European Central Bank (OJ

356, 30.12.1998, p. 1).

L 229, 9.9.2000, p. 34).