Commission Regulation (EC) No 601/2006 of  18 April 2006  implementing Regulation (EC) No 184/2005 of the European Parliament and of the Council as regards the format and the procedure for the transmission of data
Date: 2006-04-18
Institutions: European Commission
Subjects: EU statistics, data processing, technical specification, trade statistics

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COMMISSION REGULATION (EC) No 601/2006

of 18 April 2006

implementing Regulation (EC) No 184/2005 of the European Parliament and of the Council as
regards the format and the procedure for the transmission of data

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

HAS ADOPTED THIS REGULATION:

Having regard to the Treaty
Community,

establishing the European

Having regard to Regulation (EC) No 184/2005 of the European
Parliament and of
the Council of 12 January 2005 on
Community statistics concerning balance of payments, interna-
tional trade in services and foreign direct investment (1), and in
particular Article 7 thereof,

Whereas:

(1)

(2)

for

Regulation (EC) No 184/2005 establishes a common
framework
of
Community statistics concerning balance of payments,
and foreign direct
in services
international
investment.

production

systematic

trade

the

comparable

It is necessary to specify the format and the procedure
for the transmission of the required data in order to
produce
and harmonised data between
Member States, to reduce the risk of errors in the trans-
mission of data and to increase the speed with which the
data collected can be processed and made available to
users. Implementing rules should therefore be laid down
to supplement the instructions contained in the Eurostat
Balance of Payments Vademecum, as revised yearly.

(3)

The measures provided for
in accordance with the opinion of
Payments Committee
No 184/2005,

in this Regulation are
the Balance of
set up by Regulation (EC)

Article 1

Data transmission

Member States shall transmit to the Commission (Eurostat) data
in electronic form, through the Single Entry Point for data,
maintained by the Commission (Eurostat).

The Commission (Eurostat) shall make available detailed docu-
mentation in relation to this Single Entry Point and shall supply
guidelines on how to implement data transmission approaches
compatible with it.

Article 2

Data format

Member States shall use the data format ‘Gesmes’, in conformity
with the interchange standards specified by the Commission
(Eurostat). The Commission (Eurostat) shall make available
detailed documentation in relation to these standards and
shall supply guidelines on how to implement these standards
in accordance with the requirements of this Regulation.

No proprietary data format shall be used.

Article 3

Technical specifications of data format

The technical specifications of the data structure shall be as
given in the Annex to this Regulation.

Article 4

Entry into force

This Regulation shall enter into force on the 20th day following
its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 18 April 2006.

For the Commission

Joaquín ALMUNIA
Member of the Commission

(1) OJ L 35, 8.2.2005, p. 23.

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ANNEX

Technical specifications of the data structure

INTRODUCTION

Standardisation of data record structures is fundamental for efficient data processing. It is a necessary stage for providing
data conforming to the interchange standards specified by the Commission (Eurostat). Gesmes format is the exclusive
means of transmitting data on balance of payments statistics from Member States to the Commission (Eurostat).

DATA SETS

The following five data sets will be used for balance of payments reporting:

Data set identifier

Description

BOP_EUR_Q

BOP_FDI_A

BOP_ITS_A

BOP_POS_A

BOP_Q_Q

Euro indicators

Foreign direct investments

International trade in services

Foreign direct investment positions

Quarterly statistics

DATA STRUCTURE, CODE LISTS AND ATTRIBUTES

This section gives an overview of the data structure, code lists and attributes to be used. The available values of the
attributes are to be found in the most recent version of the Eurostat Balance of Payments Vademecum.

(1) Frequency

(a) Definition: the frequency of the series

(b) Name of the code list: CL_FREQ

(c) Format: AN1

(2) Reference area or reporter

(a) Definition: the country or geographical/political group of countries related to measured economic phenomenon.

This entity is also called ‘reporter’

(b) Name of the code list: CL_AREA_EE

(c) Format: AN2

(d) Abbreviations used for type: COU country, ECO economic zone, GEO geographical zone, ORG international

organisation

(3) Adjustment indicator

(a) Definition: indicates whether a seasonal adjustment and/or working day adjustment has been applied or not

(b) Name of the code list: CL_ADJUSTMENT

(c) Format: AN1

(4) Data type

(a) Definition: describes the data type, e.g. stock, flow, for balance of payments statistics.

(b) Name of the code list: CL_DATA_TYPE_BOP

(c) Format: AN1

(5) BOP coded item

(a) Definition: coded item from breakdown of the BOP

(b) Name of the code list: CL_BOP_ITEM

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(c) Format: AN8

(d) Abbreviations used for type: STD standard component, MEM memorandum item, SUP supplementary infor-

mation, XOE Eurostat/OECD or Eurostat item, ECB item, IIP International Investment Position

(6) Currency breakdown

(a) Definition: it refers to currency breakdown for transactions and positions

(b) Name of the code list: CL_CURR_BRKDWN

(c) Format: AN1

(7) Counterpart area

(a) Definition: the country or geographical/economical group of countries within which the reference area or

reporter (ref_area) had the transaction

(b) Name of the code list: CL_AREA_EE

(c) Format: AN2

(8) Denomination of series

(a) Definition: currency of denomination (common currency e.g. Euro or ECU or USD or national currency, etc.) or

special drawing rights

(b) Name of the code list: CL_SERIES_DENOM

(c) Format: AN1

(9) Resident economic activity

(a) Definition: resident economic activity

(b) Name of the code list: CL_BOP_EC_ACTIV_R1

(c) Format: N4

(10) Non-resident economic activity

(a) Definition: non-resident economic activity

(b) Name of the code list: CL_BOP_EC_ACTIV_R1

(c) Format: N4

(11) Observation status (mandatory)

(a) Definition: information on quality of value or an unusual or missing value

(b) Name of the code list: CL_OBS_STATUS

(c) Format: AN1

(12) Observation confidentiality (conditional)

(a) Definition: information about whether the observation can be made public outside the receiving institution or

not

(b) Name of the code list: CL_OBS_CONF

(c) Format: AN1

(13) Sender organisation

(a) Definition: entity that sends the data

(b) Name of the code list: CL_ORGANISATION

(c) Format: AN3

(14) Recipient

(a) Definition: entity that receives the data

(b) Name of the code list: CL_ORGANISATION

(c) Format: AN3