CELEX: 32009D0004(01)
Language: en
Date: 2009-03-06 00:00:00
Title: 2009/245/EC: Decision of the European Central Bank 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) (ECB/2009/4)

18.3.2009   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               L 72/21
            
         
      DECISION OF THE EUROPEAN CENTRAL BANK
   
   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)
   (ECB/2009/4)
   (2009/245/EC)
   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 Article 3(2) of Regulation (EC) No 958/2007 (ECB/2007/8) provides that derogations from statistical reporting requirements may be granted to investment funds (IFs) that are subject to national accounting rules which allow the valuation of their assets less frequently than quarterly. It further provides that the IF categories to which the national central banks (NCBs) have the discretion to grant derogations are to be decided by the Governing Council,
   HAS ADOPTED THIS DECISION:
   Article 1
   Derogations
   The IF categories to which the NCBs have the discretion to grant derogations pursuant to Article 3(2) of Regulation (EC) No 958/2007 (ECB/2007/8) are laid down in the Annex to this Decision. The Governing Council shall review these categories at least every three years.
   Article 2
   Final provision
   This Decision is addressed to the NCBs of the Member States that have adopted the euro.
   
      Done at Frankfurt am Main, 6 March 2009.
      
         
            The President of the ECB
         
         Jean-Claude TRICHET
         
      
   
   
      (1)  OJ L 211, 11.8.2007, p. 8.
   
      ANNEX
      Investment fund categories for which derogations may be granted under Article 3(2) of Regulation (EC) No 958/2007 (ECB/2007/8)
      
                  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 10, L 214-36 to L 214-38
               
               
                  Règlement général de l’Autorité des marchés financiers
                  (General regulation of the Financial Markets Authority)
               
               
                   
               
               
                  Book IV, Article 141-13
               
               
                  Biannual
               
            
                  France
               
               
                  Sociétés civiles de placement immobilier
                  (Real estate investment companies)
               
               
                  Code monétaire et financier
               
               
                   
               
               
                  Chapter IV, Section 3 L 214-50 to L 214-84
               
               
                  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, L 214-89 to L 214-146
               
               
                  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, Article 37
               
               
                  Provvedimento della Banca d’Italia — Regolamento sulla gestione collettiva del risparmio
                  (Act of the Banca d’Italia — Regulation on the collective management of savings)
               
               
                  14 April 2005
               
               
                  Title V, Chapter 1, Section II, paragraph 4.6
               
               
                  Biannual
               
            
                  Decreto ministeriale — Regolamento attuativo dell’articolo 37 del decreto legislativo del 24 febbraio 1998, n. 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