ECB imposing daily reporting functionalities to NCBs

June 30, 2011

The Governing Council of European Central Bank, in order to respond to a lack of effective reporting tools in financial crisis situations, imposed daily reporting functionalities in addition to the monthly and semi-annual reporting already provided for in Guideline ECB/2008/8.
Therefore NCBs shall report on a daily basis to the ECB the "Currency Information System 2" data relating to euro banknotes, i.e. the banknote data items specified in Annex VII of the guideline ECB/2011/9 issued on 30 June 2011.