Circular Letter C2.08-1422 — Statistical Reporting Submission Calendar and Start and End Dates of Mandatory Reserve Maintenance Periods for 2009

2, boulevard Royal L-2983 Luxembourg Fax (+352) 4774-4920 E-mail: reporting.banques@bcl.lu ./.
Ref.: C2.08-1422 Luxembourg, October 27, 2008
Circular Letter
To all credit institutions
Madam, Sir,

We have the honor to refer respectfully to circulars BCL 2002/170, BCL 2002/174 and BCL 2002/175 regarding the modification of statistical collection as well as to circular BCL 2003/181 regarding the modification of the mandatory reserve system to inform you, by this letter, of the publication of the calendar for the submission of statistical reporting as well as the start and end dates of the mandatory reserve maintenance periods related thereto for the year 2009.

1. Calendar for the submission of statistical reporting

We wish to recall that the Central Bank of Luxembourg (BCL) must transmit monthly statistical data to the European Central Bank (ECB) within deadlines of 15 and 19 business days following the period to which they relate. Furthermore, the BCL must submit quarterly data to the ECB within a deadline of 25 business days following the period to which they relate.

To meet these ECB requirements, the BCL has set the following submission deadlines for statistical reporting:

• Reports S 1.1 and S 1.4 are to be submitted 10 business days following the end of the month to which they relate
• Report S 1.5 is to be submitted 14 business days following the end of the month to which it relates
• Reports S 2.5, S 2.8, S 2.9 as well as title-by-title reporting are to be submitted by the 20th calendar day following the end of the month to which they relate

2, boulevard Royal L-2983 Luxembourg Fax (+352) 4774-4920 E-mail: reporting.banques@bcl.lu ./

These submission deadlines give rise, each year, to the establishment and publication by the BCL of a detailed calendar for the submission of statistical reporting for the coming year.

In this context, we wish to emphasize that it is essential that declarants strictly respect the various submission deadlines defined in the statistical reporting submission calendar so that the Central Bank of Luxembourg is able to respect its commitments within the framework of the European System of Central Banks (ESCB). Furthermore, we wish to draw your attention to the European Central Bank Communication 2004/C195/10 1 regarding the application of sanctions for infringements of statistical reporting obligations relating to the balance sheet of monetary financial institutions.

The calendar for the submission of statistical reporting can be consulted and/or downloaded from the website of the Central Bank of Luxembourg at the following link:
http://www.bcl.lu/en/reporting/banks/index.html

Furthermore, we wish to inform you that henceforth this calendar will be updated annually and published on the website of the Central Bank of Luxembourg at the aforementioned address.

2. Calendar of maintenance periods

The maintenance period begins on the settlement day of the main refinancing operation that follows the Governing Council meeting at which the monthly assessment of the monetary policy orientation is on the agenda.

In this context, we wish to recall that, in accordance with the terms of circular 2003/181 regarding the modification of the mandatory reserve system, the net amount to be deposited is definitively determined before the start of the maintenance period and therefore can no longer be modified after the start of the maintenance period.

1
Communication 2004/C195/10 of 31.07.2004 of the ECB in the Official Journal of the European Union: http://eurlex.europa.eu

2, boulevard Royal L-2983 Luxembourg Fax (+352) 4774-4920 E-mail: reporting.banques@bcl.lu ./

The calendar of start and end dates of maintenance periods can be consulted and/or downloaded from the website of the Central Bank of Luxembourg at the following link:
http://www.bcl.lu/en/reporting/banks/index.html

Furthermore, we wish to inform you that henceforth this calendar will be updated annually and published on the website of the Central Bank of Luxembourg at the aforementioned address.

Please accept, Ladies and Gentlemen, the assurance of our perfect consideration.

CENTRAL BANK OF LUXEMBOURG
Philippe Arondel Germain Stammet