Circular Letter — Update of data collection on payment instruments and transactions

Luxembourg, July 18, 2013

Subject: Regulation 2011/9 of July 4, 2011, concerning the collection of data on instruments and payment transactions – update applicable from January 2014

Dear Director,

We have the honor to refer to Regulation 2011/9 of July 4, 2011, concerning the collection of data on instruments and payment transactions, which has been in place since January 2012.

To satisfy the statistical requirements of the European Central Bank (ECB), the collection of additional data beyond the existing Payment Data Collection (CDDP) is necessary. This concerns in particular data whose collection was announced in 2011 upon the publication of Regulation 2011/9 but which could not be introduced at that time because the statistical framework for this data was not known (e.g., SEPA direct debits).

Furthermore, certain improvements have been made to the statistical framework relating to the present Regulation 2011/9.

The documents relating to Regulation 2011/9 of July 4, 2011, are available on the website of the Central Bank (www.bcl.lu) under: Publications/Regulations of the Central Bank of Luxembourg

These documents are as follows:
o Annex 1: “Guidance note on the transmission of payment data” o Annex 2: XML schema, codes and labels, file name nomenclature o Frequently Asked Questions (FAQ) o Verification rules for reports V

To facilitate a better understanding of the changes made to the content of the collection (Annex 1), these appear in “track changes”. Paragraph 10 of Annex 1 also lists the indicative changes made to this document.

To reflect the modifications mentioned above, the other documents have also been updated:
o Annex 2: XML schema, codes and labels, file name nomenclature o Frequently Asked Questions (FAQ) o Verification rules for reports V

Data collection in accordance with the new format (“layout 1”) will begin in January 2014. The first transmission of statistical data relating to the period of January 2014 must be submitted by February 14, 2014, at the latest.

The testing phase will extend from November 1, 2013, to January 31, 2014. During this period, your institution may test the sending of data files using the usual transmission channels, Sofie or Finesti, in ‘test’ mode.

For any further questions concerning this collection, we invite you to contact the BCL by sending an email to the following address:
market_infrastructures@bcl.lu.

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

CENTRAL BANK OF LUXEMBOURG

Myriam Becker Pierre Thissen
Director’s Advisor Head of the Payment Infrastructures and Systems Section