Guideline of the European Central Bank of 26 August 2008 amending Guideline ECB/2002/7 on the statistical reporting requirements of the European Central Bank in the field of quarterly financial accounts (ECB/2008/6)
Date: 2008-08-26
Institutions: European Central Bank
Subjects: European Central Bank, account, coding, data transmission, disclosure of information, financial statistics

L 259/12

EN

Official Journal of the European Union

27.9.2008

GUIDELINES

EUROPEAN CENTRAL BANK

GUIDELINE OF THE EUROPEAN CENTRAL BANK

of 26 August 2008

amending Guideline ECB/2002/7 on the statistical reporting requirements of the European Central
Bank in the field of quarterly financial accounts

(ECB/2008/6)

(2008/758/EC)

THE EXECUTIVE BOARD OF THE EUROPEAN CENTRAL BANK,

(2)

Having regard to the Statute of the European System of Central
Banks and of the European Central Bank, and in particular
Article 5.1 and 5.2, Article 12.1 and Article 14.3 thereof,

Under Article 9 of Guideline ECB/2002/7, the Executive
Board of the European Central Bank (ECB) is entitled to
make technical amendments to the Annexes to Guideline
they neither change the
ECB/2002/7 provided that
underlying
the
reporting burden.

framework

conceptual

affect

nor

Having regard to Article 9 of Guideline ECB/2002/7 of
21 November 2002 on the statistical reporting requirements
of
the European Central Bank in the field of quarterly
financial accounts (1),

(3)

The harmonisation of coding standards provided for in
this Guideline is a technical amendment which neither
changes the conceptual framework underlying the data
reporting requirements and the derogations therefrom set
out in Annexes I and III to Guideline ECB/2002/7 nor
affects the reporting burden.

Having regard to Article 14.1 of the Rules of Procedure of the
European Central Bank,

(4)

The Executive Board has taken account of the views of
the Statistics Committee,

Whereas:

HAS ADOPTED THIS GUIDELINE:

(1)

The revised transmission programme under the European
System of Accounts 1995 (hereinafter the ESA 95) (2) has
fostered the introduction of more effective statistical data
coding standards. To contribute to the overall harmoni­
sation of transmission standards for financial accounts
statistics
coding
standards set out in Annex II to Guideline ECB/2002/7
should be aligned with the coding standards of the ESA
95 transmission programme.

the European Union,

across

the

Article 1

Replacement of transmission and coding standards

Annex II to Guideline ECB/2002/7 is replaced by the text set
out in the Annex to this Guideline.

(1) OJ L 334, 11.12.2002, p. 24.
(2) As laid down in Council Regulation (EC) No 2223/96 of 25 June
1996 on the European system of national and regional accounts in
the Community (OJ L 310, 30.11.1996, p. 1).

Article 2

Entry into force

This Guideline shall enter into force on 1 October 2008.

27.9.2008

EN

Official Journal of the European Union

L 259/13

This Guideline is addressed to the national central banks of the Member States that have adopted the euro.

Article 3

Addressees

Done at Frankfurt am Main, 26 August 2008.

For the Executive Board of the ECB
The President of the ECB

Jean-Claude TRICHET

L 259/14

EN

Official Journal of the European Union

27.9.2008

ANNEX

‘ANNEX II

Transmission and coding standards

For the electronic transmission of the statistical information as described in Article 2, the NCBs use the facility provided
by the ESCB, which relies on the telecommunication network ESCB-Net. The message format developed for this exchange
of statistical information is the Gesmes/TS format. Each time series is coded using the integrated economic accounts (IEA)
key family shown below.

IEA key family

Number

Name

Description

Code list

1

2

3

4

5

6

7

8

9

10

11

12

13

Frequency

Indicates the frequency of the reported series

CL_FREQ

Reference area

Alphanumeric two-digit ISO country code of the Member
State providing the data

CL_AREA_EE

Adjustment indicator

Indicates whether any kind of adjustments have been
applied to the time series,
seasonal and/or
working day adjustments

such as

CL_ADJUSTMENT

Valuation

Transaction

Asset

Sector

Provides information on the price valuation

CL_ESA95TP_PRICE

Specifies the type of account (i.e. balance-sheets, financial
transactions and other flows)

CL_ESA95TP_TRANS

Indicates the financial asset or liability category

CL_ESA95TP_ASSET

Identifies the reporting institutional sector

CL_ESA95TP_SECTOR

Counterpart area

Identifies the area of residency of the counterpart sector CL_AREA_EE

Counterpart sector

Identifies the counterpart’s institutional sector

CL_ESA95TP_SECTOR

Debit/credit

Identifies (changes in) assets or (changes in) liabilities

CL_ESA95TP_DC_AL

Consolidation

Indicates the consolidation status

CL_ESA95TP_CONS

Denomination

Unit of measurement

Suffix

Identifies tables included in Guideline ECB/2002/7

CL_ESA95TP_DENOM

CL_ESA95TP_SUFFIX’