Introductory text

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to the Monetary Agreement of 27 March 2012 between the European Union and the Republic of San Marino, and in particular Article 8(5) thereof,

Whereas:

Article 8 of the Monetary Agreement between the European Union and the Republic of San Marino (‘the Monetary Agreement’) requires the Republic of San Marino to implement Union legal acts and rules on euro banknotes and coins, banking and financial law, prevention of money laundering, prevention of fraud and counterfeiting of cash and non-cash means of payment, medals and tokens and statistical reporting requirements. Those acts and rules are listed in the Annex to the Monetary Agreement.

The Annex to the Monetary Agreement needs to be amended by the Commission once a year or more often if deemed appropriate to take into account the new relevant Union legal acts and rules and the amendments to the existing ones.

Some new relevant legal acts and rules of the Union and some amendments to existing legal acts were adopted and have to be added to the Annex.

The Annex to the Monetary Agreement should therefore be amended accordingly,

HAS ADOPTED THIS DECISION: