2013/20/EU: Decision of the European Central Bank of 7 December 2012 amending Decision ECB/2009/4 concerning derogations that may be granted under Regulation (EC) No 958/2007 concerning statistics on the assets and liabilities of investment funds (ECB/2007/8) (ECB/2012/28)
Date: 2012-12-07
Institutions: European Central Bank
Subjects: central bank, derogation from EU law, investment company








L_2013009EN.01001101.xml










15.1.2013   


EN


Official Journal of the European Union


L 9/11








            DECISION OF THE EUROPEAN CENTRAL BANK
         
of 7 December 2012
         
amending Decision ECB/2009/4 concerning derogations that may be granted under Regulation (EC) No 958/2007 concerning statistics on the assets and liabilities of investment funds (ECB/2007/8)
(ECB/2012/28)
(2013/20/EU)


THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,

Having regard to Regulation (EC) No 958/2007 of the European Central Bank of 27 July 2007 concerning statistics on the assets and liabilities of investment funds (ECB/2007/8) (1), and in particular Article 3(2) thereof,

Whereas:







(1)


The investment fund (IF) categories for which the national central banks (NCBs) have the discretion to grant derogations pursuant to Article 3(2) of Regulation (EC) No 958/2007 are laid down in the Annex to Decision ECB/2009/4 of 6 March 2009 concerning derogations that may be granted under Regulation (EC) No 958/2007 concerning statistics on the assets and liabilities of investment funds (ECB/2007/8) (2).












(2)


While the IF categories laid down in the Annex to Decision ECB/2009/4 remain unchanged, the Annex should be amended to update certain references to national legislation,





HAS ADOPTED THIS DECISION:



Article 1
The Annex to Decision ECB/2009/4 is replaced by the text set out in the Annex to this Decision.


Article 2
This Decision is addressed to the NCBs of the Member States whose currency is the euro.




Done at Frankfurt am Main, 7 December 2012.


The President of the ECB

Mario DRAGHI
            





(1)  
            OJ L 211, 11.8.2007, p. 8.

(2)  
            OJ L 72, 18.3.2009, p. 21.




ANNEX




                     ‘ANNEX

Investment fund categories for which derogations may be granted under article 3(2) of Regulation (EC) No 958/2007














Member State


Name of IF category


Legal act relating to the category


Legal act determining the frequency of valuation


Frequency of valuation under national legislation




Title of legal act


Number/date of legal act


Relevant provisions


Title of legal act


Number/date of legal act


Relevant provisions




Greece



Εταιρίες επενδύσεων σε ακίνητη περιουσία

(Real estate investment companies)



Αμοιβαία Κεφάλαια Ακίνητης Περιουσίας – Εταιρίες Επενδύσεων σε Ακίνητη Περιουσία και άλλες διατάξεις


(Law on real estate mutual funds – real estate investment companies and other legal provisions)



No 2778 of 30 December 1999


Article 21



Αμοιβαία Κεφάλαια Ακίνητης Περιουσίας – Εταιρίες Επενδύσεων σε Ακίνητη Περιουσία και άλλες διατάξεις


(Law on real estate mutual funds – real estate investment companies and other legal provisions)



No 2778 of 30 December 1999


Articles 22(7) and 27(3) and (4)


Annual




France



Fonds commun de placement à risque

(Venture capital mutual funds)



Code monétaire et financier

(Monetary and Financial Code)


 


Chapter IV, Section 1, sub-section 2, L214-28 to L214-32



Règlement général de l’Autorité des Marchés Financiers

(General regulation of the Financial Markets Authority)


 


Book IV, Article 412-42


Biannual




France



Sociétés civiles de placement immobilier

(Real estate investment companies)



Code monétaire et financier



 


Chapter IV, Section 3 L214-50 to L214-84



Règlement général de l’Autorité des Marchés Financiers



 


Book IV, Article 422-44


Annual




France



Organismes de placement collectif immobilier

(Real estate collective investment undertakings)



Code monétaire et financier



 


Chapter IV, Section 5, L214-89 to L214-146



Règlement général de l’Autorité des Marchés Financiers



 


Book IV, Article 424-66


Biannual




Italy



Fondi chiusi

(Closed funds)



Decreto legislativo – Testo unico delle disposizioni in materia di intermediazione finanziaria

(Legislative decree – all provisions in the field of financial intermediation)


No 58 of 24 February 1998


Part I, Article 1
Part II, Articles 36, 37 and 39



Provvedimento della Banca d'Italia – Regolamento sulla gestione collettiva del risparmio

(Act of the Banca d’Italia – Regulation on the collective management of savings)


8 May 2012


Title V, Chapter 1, Section II, paragraph 4.6


Biannual





Decreto ministeriale – Regolamento attuativo dell’articolo 37 del Decreto legislativo di 24 febbraio 1998, nr. 58

(Ministerial decree – Regulation implementing Article 37 of Legislative decree No 58 of 24 February 1998)


No 228 of 24 May 1999


Chapter II, Article 12




Portugal



Fundos de capital de risco

(Risk capital funds)



Decreto-Lei

(Decree Law)


No 375/2007 of 8 November 2007


Article 18



Regulamento da Comissão do Mercado de Valores Mobiliários

(Securities Market Commission Regulation)


No 1/2008 of 14 February 2008


Articles 4 and 11


Biannual’