# Regulation (EU) No 1072/2013 of the European Central Bank of 24 September 2013 concerning statistics on interest rates applied by monetary financial institutions (recast) (ECB/2013/34) (revoked) EU Regulation No 1072/2013 · adopted 24 September 2013 Regulation (EU) No 1072/2013 of the European Central Bank of 24 September 2013 concerning statistics on interest rates applied by monetary financial institutions (recast) (ECB/2013/34) ## Introductory text Regulation (EU) No 1072/2013 of the European Central Bank of 24 September 2013 concerning statistics on interest rates applied by monetary financial institutions (recast) (ECB/2013/34) (revoked) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 1 Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2 Actual reporting population . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3 Statistical reporting requirements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4 Derogations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 5 Verification and compulsory collection . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 6 First reporting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 7 Repeal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 8 Final provision . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Signature . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex I: REPORTING SCHEME FOR MONETARY FINANCIAL INSTITUTION INTEREST RATE STATISTICS ### Division PART 1: Type of rate ### Division I: Annualised agreed rate ### Division: General principle ## 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2 If interest payments agreed between the reporting agent and the household or non-financial corporation are capitalised at regular intervals within a year, for example per month or quarter rather than per annum, the agreed rate is annualised by means of the following formula to derive the annualised agreed rate: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division: Treatment of taxes, subsidies and regulatory arrangements ## 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division II: Annual percentage rate of charge ## 9 In addition to AARs, the reporting agents provide the APRC for new business in respect of consumer credit and loans to households for house purchases, i.e.: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division III: Convention ## 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division PART 2: Business coverage ## 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division IV: Interest rates on outstanding amounts ## 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division V: New business on overnight deposits, deposits redeemable at notice, credit card debt and revolving loans and overdrafts ## 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division VI: New business in instrument categories other than overnight deposits, deposits redeemable at notice, credit card debt and revolving loans and overdrafts ## 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 20 New business is defined as any new agreement between the household or non-financial corporation and the reporting agent. New agreements comprise: all financial contracts, that specify for the first time the interest rate of the deposit or loan, and all renegotiations of existing deposit and loan contracts as defined in paragraph 21. ## 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 23 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 24 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division VII: Treatment of bad loans and loans for debt restructuring below market conditions ## 28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division PART 3: Time reference point ### Division VIII: Time reference point for MFI interest rates on outstanding amounts ## 29 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division IX: Time reference point for new business on overnight deposits, deposits redeemable at notice, extended credit card credit and revolving loans and overdrafts ## 32 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 33 Analogous to the compilation of the interest rates on outstanding amounts contained in Appendix 1, the interest rates on overnight deposits, deposits redeemable at notice, extended credit card credit and revolving loans and overdrafts are compiled in either of the following manners: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 34 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division X: Time reference point for new business (other than overnight deposits, deposit redeemable at notice, credit card debt and revolving loans and overdrafts) ## 35 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 36 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 37 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division PART 4: Instrument categories ### Division XI: General provisions ## 38 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 39 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 41 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division XII: Breakdown by currency ## 42 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division XIII: Breakdown by sector ## 43 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 44 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 45 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division XIV: Breakdown by type of instrument ## 46 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 47 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 48 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 49 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 50 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 51 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 52 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 53 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 54 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 55 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division XV: Breakdown by amount category ## 56 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division XVI: Breakdown by original and residual maturity, notice and interest rate reset period or initial rate fixation ## 57 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 58 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 59 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 60 The following periods of initial rate fixation are distinguished for loans to households: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 61 The following periods of initial rate fixation are distinguished for loans to non-financial corporations up to EUR 0,25 million, over EUR 0,25 million up to EUR 1 million and over EUR 1 million: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 62 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division XVII: Breakdown by secured loans with collateral and/or guarantees ## 63 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 64 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division PART 5: Reporting obligations ## 65 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division XVIII: Statistical information at the level of the reporting agents ## 66 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 67 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 68 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 69 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 70 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 71 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 72 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division XIX: National weighted average interest rates and Aggregated results for the euro area Member States ## 73 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 1 Instrument categories for rates on outstanding amounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2 Instrument categories for interest rates on new business An AAR or NDER is reported on a monthly basis for the categories included in Tables 2, 3 and 4. The reporting of the AAR is accompanied by the related business volume if indicated in the tables by the word ‘amount’. For the categories referring to renegotiated loans in Table 6, only information on new business volumes is required. Categories within Tables 2 (except indicators 33 to 35), 3, 5 and 6 are mutually exclusive within each table. Therefore, a loan reported under any indicator in Table 2 (except indicators 33 to 35) and/or in Table 3 and/or Table 5 and/or Table 6 is not reported again under any other indicator in the same table, except for loans reported in indicators 33 to 35, which are also to be reported under indicators 20 to 22. All loans reported under any category in Table 3 must also appear in the corresponding categories of Tables 2. As for indicators in Table 4, these are sub-indicators of Tables 2, and, if secured, of Table 3; therefore any loan reported under Table 4 must also appear in Tables 2 and 3 as appropriate. The loans reported under any category in Table 6 must also appear in the appropriate category in Table 2, and, as appropriate, in Tables 3, and 4. Table 5 refers only to APRC. Loans recorded in Table 5 are also be recorded in Tables 2, 3, 4 and 6 as appropriate, taking into account the different methodology of APRC as contained in paragraph 9. The concept of new business is extended to the whole stock, i.e. to outstanding amounts in the case of overnight deposits, deposits redeemable at notice, revolving loans and overdrafts and extended credit card credit, i.e. indicators 1, 5, 6, 7, 12, 23, 32, 36. ## Annex II MINIMUM STANDARDS TO BE APPLIED BY THE ACTUAL REPORTING POPULATION Reporting agents must fulfil the following minimum standards to meet the European Central Bank’s (ECB’s) statistical reporting requirements. ## 1 Minimum standards for transmission: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2 Minimum standards for accuracy: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3 Minimum standards for compliance with concepts: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4 Minimum standards for revisions: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex III REPEALED REGULATION WITH LIST OF SUCCESSIVE AMENDMENTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . --- Source: https://www.legislation.gov.uk/eur/2013/1072 (the official version) Page: https://openlegislation.uk/eu-regulation-2013-1072 Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.