BCL Circular 2006/195 of 2 May 2006 — Foreign Direct Investment Surveys

Luxembourg, 2 May 2006

To all credit institutions and to the financial services of the Post and Telecommunications company (postal cheques account service)

BCL CIRCULAR 2006/195
Foreign Direct Investment Surveys

Dear Sirs, Madams,

Pursuant to the provisions of the sole article of the law of 28 June 2000 amending the Grand Ducal Regulation of 10 November 1944 as amended on foreign exchange control, the Banque centrale du Luxembourg (BCL) and the Central Service for Statistics and Economic Studies (STATEC) are jointly responsible for the compilation of the balance of payments and the global external position of Luxembourg. Paragraph 1 of the sole article of the aforementioned law indicates, among other things, that STATEC is responsible for surveys on foreign direct investment. Within the framework of the collaboration between these two institutions, the BCL is responsible for statistical data collection from credit institutions and the Post and Telecommunications company.

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The surveys on foreign direct investment concern all direct investment relationships that the respondents have established in their capacity as subsidiaries, affiliated enterprises or branches of a non-resident investor or with their own subsidiaries, affiliated enterprises or branches established abroad.

The attached questionnaires are almost identical to those sent to you last year and they include the fundamental elements of the surveys previously carried out by the Belgian-Luxembourg Exchange Institute (IBLC). The explanatory notes, annexed to this circular, set out the practical arrangements for completing the questionnaires and contain a description of the required elements. A model of each questionnaire is attached to this circular. A German version of the questionnaires is also available upon request. In the event of discrepancies between the French and German texts, the French version shall prevail. Electronic copies can be downloaded from the BCL website (www.bcl.lu).

The completed questionnaires must be sent by post to the following address before 30 June 2006:

Banque centrale du Luxembourg
Balance of Payments Section
2, boulevard Royal
L-2983 Luxembourg

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For any information regarding the application of this circular, Mr Anh-Tuan Bui (tel. 4774 4296) and Mr Kola Lendele (tel. 4774 4297) are at your disposal.

Please accept, Sirs, Madams, the assurance of our most distinguished sentiments.

BANQUE CENTRALE DU LUXEMBOURG
The Management

Serge KOLB Andrée BILLON Yves MERSCH

Annexes: 2

• Explanatory notes concerning the surveys on foreign direct investment
• Questionnaires 81 to 87