Regulatory Alerts2025-11-07
Opinion of the European Central Bank on the Pericles V programme for the protection of the euro against counterfeiting
The European Central Bank issued an opinion on the proposal for a regulation establishing the Pericles V programme, which replaces the current framework to fund exchange, assistance, and training activities for protecting the euro against counterfeiting from 2028 to 2034. The ECB recommends amending the proposal to explicitly address emerging threats such as the digital euro and artificial intelligence, while mandating advance consultation with the ECB and Europol to ensure coordination and avoid duplication of efforts. Furthermore, the opinion stresses the necessity of regular ECB involvement in programme evaluations and delegated acts to safeguard the integrity of the single currency.
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