Article 8 · Regulation (EU) 2024/1988

Contents

Article 8Timeliness#

1.NCBs shall determine the frequency and timeliness with which they receive statistical information from IFs, OFIs or MFIs, pursuant to this Regulation in order to meet the reporting deadlines referred to in paragraphs 2 and 3, and shall inform the reporting agents accordingly.

2.NCBs shall transmit all of the following to the ECB:

(a)monthly statistical information by close of business on the 28th working day following the end of the month to which the statistical information relates;

(b)the statistical information referred to in Article 5(1), point (d), by close of business on the 28th working day following the end of the month in which either the IF is first established or in which there is a change to the classification information of the IF;

(c)annual statistical information by close of business on 30 June of each calendar year.

3.Where derogations granted by NCBs permit IFs, OFIs or MFIs to report statistical information to NCBs on a basis that is not monthly, the NCB shall transmit the statistical information to the ECB by close of business on the 28^th working day following the end of the period to which the statistical information relates.

Defined terms · 12

Show every defined term

custodian
means an entity belonging to the ‘financial corporations sector’ as defined in paragraph 2.55 of Annex A to Regulation (EU) No 549/2013 and undertaking the safekeeping and administration of financial instruments for the account of clients, including custodianship and related services such as cash/collateral management as specified in Section B, point (1), of Annex I to Directive 2014/65/EU of the European Parliament and of the Council;
Domestic
means the IF predominantly invests in assets issued by residents in the same country as the investment fund.
Financial transactions
refers to those transactions that arise out of the creation, liquidation or change in ownership of financial assets or liabilities.
investment fund
(IF) means a collective investment undertaking that: The following are considered IFs for the purposes of this Regulation: The following are not considered IFs for the purposes of this Regulation:
monetary financial institution
(MFI) means ‘monetary financial institution (MFI)’ as defined in Article 2(1) of Regulation (EU) 2021/379 (ECB/2021/2);
non-UCITS IF
means IFs that are not UCITS as defined in point (11).
other financial intermediaries except insurance corporations and pension funds
(OFIs) means ‘other financial intermediaries except insurance corporations and pension funds’ as defined in paragraphs 2.86 to 2.94 of Annex A to Regulation (EU) No 549/2013 of the European Parliament and of the Council and excluding financial vehicle corporations engaged in securitisation transactions (FVCs) as defined in paragraph 2.90 of that Annex;
Price and exchange rate revaluations
refers to fluctuations in the valuation of assets and liabilities that arise either from changes in the prices of assets and liabilities and/or the exchange rates that affect the values expressed in euro of assets and liabilities denominated in a foreign currency.
relevant NCB
means the NCB of the euro area Member State in which the IF is resident;
resident
means established within the territory of a Member State.
security-by-security information
means information broken down into individual securities;
undertakings for collective investment in transferable securities
(UCITS) means ‘undertakings for collective investment in transferable securities’ as referred to in Article 1(2) of Directive (EC) No 2009/65 of the European Parliament and of the Council;