Regulation (EU) No 756/2014 of the European Central Bank of 8 July 2014 amending Regulation (EU) No 1072/2013 (ECB/2013/34) concerning statistics on interest rates applied by monetary financial institutions (ECB/2014/30)

12.7.2014 EN Official Journal of the European Union L 205/14
REGULATION (EU) No 756/2014 OF THE EUROPEAN CENTRAL BANK
of 8 July 2014
amending Regulation (EU) No 1072/2013 (ECB/2013/34) concerning statistics on interest rates applied by monetary financial institutions
(ECB/2014/30)
THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK
,
Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Article 5 thereof,
Having regard to Council Regulation (EC) No 2533/98 of 23 November 1998 concerning the collection of statistical information by the European Central Bank (1), and in particular Articles 5(1) and 6(4) thereof,
Whereas:
(1) Regulation (EU) No 1072/2013 of the European Central Bank (ECB/2013/34) (2) entered into force on 27 November 2013 and will apply to the reporting of monetary financial institution (MFI) interest rate data from 1 January 2015.
(2) Regulation (EU) No 1072/2013 (ECB/2013/34) requires the separate reporting of data relating to new business volumes of renegotiated loans and, in parallel, paragraph 4 of Part 13 of Annex II to Guideline ECB/2014/15 (3) also requires the provision of data on the interest rates applicable to renegotiated loans.
(3) It is necessary to align the scope of renegotiated loans in Regulation (EU) No 1072/2013 (ECB/2013/34) with Guideline ECB/2014/15, thereby ensuring the appropriate recording of loan renegotiations that occur within the reporting period during which the loan was granted as well as the accurate reporting of new business volumes of renegotiated loans in the case of loans that are not yet fully drawn, i.e. loans taken out in tranches,