2004/916/EC: Guideline of the European Central Bank of 16 December 2004 amending Guideline ECB/2004/13 on the Eurosystem’s provision of reserve management services in euro to non-European Union central banks, countries outside the European Union and international organisations (ECB/2004/20)
Date: 2004-12-16
Institutions: European Central Bank
Subjects: European Central Bank, central bank, euro, foreign-exchange reserves, international organisation, non-participating country (euro area), participating country (euro area), third country

29.12.2004

EN

Official Journal of the European Union

L 385/85

EUROPEAN CENTRAL BANK

GUIDELINE OF THE EUROPEAN CENTRAL BANK

of 16 December 2004
amending Guideline ECB/2004/13 on the Eurosystem’s provision of reserve management services in
euro to non-European Union central banks, countries outside the European Union and international
organisations

(ECB/2004/20)

(2004/916/EC)

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,

HAS ADOPTED THIS GUIDELINE:

Having regard to the Statute of the European System of Central
Banks and of
the European Central Bank and in particular
Article 12(1), Article 14(3) and Article 23 thereof,

Article 1

Guideline ECB/2004/13 is amended as follows:

Whereas:

1. The title is replaced by the following:

(1)

(2)

customers

The
to whom Eurosystem reserve
management services can be provided under Guideline
ECB/2004/13 (1)
are non-European Union (non-EU)
countries, non-EU central banks or monetary authorities,
and international organisations.

‘Guideline of the European Central Bank of 1 July 2004
on the Eurosystem’s provision of reserve management
services in euro to central banks and countries located
outside the euro area and to international organisations
(ECB/2004/13)’.

recent developments and after

further
In view of
assessment,
the Governing Council considers it useful
to broaden the definition of customer also to include
the Member States that have not adopted the euro and
their
(NCBs). Guideline
ECB/2004/13 should therefore be amended accordingly.

national

central

banks

2. Article 1 is amended as follows:

(a)

the first indent is replaced by the following:

(3)

In accordance with Article 12(1) and Article 14(3) of the
Statute, ECB guidelines
form an integral part of
Community law,

(1) Guideline 2004/546/EC of the European Central Bank (OJ L 241,

13.7.2004, p. 68).

types of banking transactions” shall

‘ “all
include the
provision of Eurosystem reserve management services
to central banks and countries located outside the euro
area and to international organisations in connection
with the management of the reserves of such central
banks, countries and international organisations,’;

L 385/86

EN

Official Journal of the European Union

29.12.2004

(b) the fourth indent is replaced by the following:

‘ “customer”
shall mean any country (including any
public authority or government agency), any central
bank or monetary authority located outside the euro
area, or any international organisation to which Euro-
system reserve management services are provided by a
Eurosystem member,’;

Article 3

Addressees

This Guideline is addressed to the NCBs of the Member States
that have adopted the euro.

(c)

the last indent is deleted.

Done at Frankfurt am Main, 16 December 2004.

Article 2

Entry into force

This Guideline shall enter into force on 22 December 2004.

For the Governing Council of the ECB
The President of the ECB

Jean-Claude TRICHET