505102023002

Establishment of balance of payments reports of credit institutions

10 Articles / Provisions · Estonia

Open official source Machine-readable Markdown (.md)

Table of Provisions (10)

§ 1 Scope of the Decree § 2 Application of the Decree § 3 Reports § 4 Reporting period and submission dates § 5 Submission of reports § 6 Use of classifications and international standards § 7 § 10 § 11 Repeal of the Decree § 12 Entry into force of the Decree

Statutory Text (10 Articles)

Eesti Panga President — Establishment of balance of payments reports of credit institutions — RT V, 2023, 2

§ 1 Scope of the Decree Establishment of balance of payments reports of credit institutions Open official source

This decree establishes the requirements for the content and structure of the reports listed in section 3 of this decree to be submitted to Eesti Pank and the Financial Intelligence Unit (hereinafter reports), and the dates and procedure for submitting the reports to Eesti Pank.

[RT I, 22.01.2021, 3 – entry into force 25.01.2021]

Eesti Panga President — Establishment of balance of payments reports of credit institutions — RT V, 2023, 2

§ 2 Application of the Decree Establishment of balance of payments reports of credit institutions Open official source

All credit institutions and branches of credit institutions operating in Estonia (hereinafter credit institutions) are required to prepare and submit the reports established under this decree. The reports are submitted about the operations of the credit institution’s entity located in Estonia (head office).

[RT I, 19.06.2018, 1 – entry into force 01.01.2019]

Eesti Panga President — Establishment of balance of payments reports of credit institutions — RT V, 2023, 2

§ 3 Reports Establishment of balance of payments reports of credit institutions Open official source

Credit institutions shall prepare and submit the following reports

1) “Report on non-transactional financial flows”, code 226 (Appendix 1);

2) “Report on services sold to and bought from non-residents”, code 221 (Appendix 2).

Eesti Panga President — Establishment of balance of payments reports of credit institutions — RT V, 2023, 2

§ 4 Reporting period and submission dates Establishment of balance of payments reports of credit institutions Open official source

(1) The reporting period for the report listed under clause 3 1) is one month. The reporting period for the report listed under clause 3 2) is one quarter (three months).

(2) The report listed under clause 3 1) shall be submitted by the 12th (twelfth) banking day after the end of the reporting period. The report listed under clause 3 2) shall be submitted by the 10th (tenth) banking day after the end of the reporting period.

Eesti Panga President — Establishment of balance of payments reports of credit institutions — RT V, 2023, 2

§ 5 Submission of reports Establishment of balance of payments reports of credit institutions Open official source

(1) The reports shall be submitted to Eesti Pank electronically in the XML (eXtensible Markup Language) format, as in Decree No. 2018 of the Governor of Eesti Pank of 4 May 29 "Requirements for the electronic submission of reports" (RT I, 05.06.2018, 1).

[RT I, 19.06.2018, 1 – entry into force 01.01.2019]

(2) Should errors be discovered or the reporting principles changed, new, rectified reports shall be submitted to Eesti Pank in electronic form.

(3) In the absence of data on the reporting area, a blank report shall be submitted.

Eesti Panga President — Establishment of balance of payments reports of credit institutions — RT V, 2023, 2

§ 6 Use of classifications and international standards Establishment of balance of payments reports of credit institutions Open official source

(1) The currency codes in the reports are indicated in capital letters and in accordance with the ISO 4217 currency code list.

(2) The clients’ country codes are indicated in capital letters and in accordance with the ISO 3166 two-letter code list for countries and their subdivisions.

Eesti Panga President — Establishment of balance of payments reports of credit institutions — RT V, 2023, 2

§ 7 Establishment of balance of payments reports of credit institutions Open official source

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Eesti Panga President — Establishment of balance of payments reports of credit institutions — RT V, 2023, 2

§ 10 Establishment of balance of payments reports of credit institutions Open official source

[Repealed - RT I, 13.11.2012, 3 – entry into force 30.11.2012]

Eesti Panga President — Establishment of balance of payments reports of credit institutions — RT V, 2023, 2

§ 11 Repeal of the Decree Establishment of balance of payments reports of credit institutions Open official source

[Omitted from this text].

Eesti Panga President — Establishment of balance of payments reports of credit institutions — RT V, 2023, 2

§ 12 Entry into force of the Decree Establishment of balance of payments reports of credit institutions Open official source

This decree enters into force on 1 January 2008.

Establishment of balance of payments reports of credit institutions

Table of Provisions (10)

Statutory Text (10 Articles)

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