Translation of "agent monétaire " (French → English) :

6. Notwithstanding any Governing Council decisions taken pursuant to paragraphs 2, 3 or 4, NCBs may also collect money market statistics from MFIs resident in their Member State which are not reporting agents pursuant to paragraph 2, 3 or 4, based on their national statistical reporting requirements (hereinafter ‘additional reporting agents’).

Where reporting agents have been selected pursuant to Article 2(3) or (4), an NCB may decide that the reporting agents may transmit daily money market statistics to the NCB once a week before 1 p.m (CET) on the first TARGET2 settlement day after the end of the week to which the data relate if for operational reasons they cannot meet the daily reporting frequency requirement.

112. Calls for the creation of a European Monetary Fund (EMF) on the basis of Union law, which would be subject to the Community method; believes that such an EMF should combine the financial means of the ESM geared to supporting countries experiencing balance of payments problems or facing state insolvency with the resources and experience that the Commission has acquired over the last few years in this field; points out that such a framework would avoid the possible conflicts of interest inherent to the Commission's current role as an Eurogroup agent and its much more encompassing role of 'guardian of the treaty'; believes that the ...[+++]EMF should be subjected to the highest democratic standards of accountability and legitimacy; believes that such a framework would ensure transparency in the decision-making process and that all institutions involved are made fully responsible and accountable for their actions;

112. Calls for the creation of a European Monetary Fund (EMF) on the basis of Union law, which would be subject to the Community method; believes that such an EMF should combine the financial means of the ESM geared to supporting countries experiencing balance of payments problems or facing state insolvency with the resources and experience that the Commission has acquired over the last few years in this field; points out that such a framework would avoid the possible conflicts of interest inherent to the Commission's current role as an Eurogroup agent and its much more encompassing role of 'guardian of the treaty'; believes that the ...[+++]EMF should be subjected to the highest democratic standards of accountability and legitimacy; believes that such a framework would ensure transparency in the decision-making process and that all institutions involved are made fully responsible and accountable for their actions;

As reporting agents, MFIs and OFIs acting as reporters of transactions of residents with non-residents involving shares/units of a resident MMF report data on the residency breakdown of the holders of shares/units issued by resident MMFs, which they trade on behalf of the holder or another intermediary also involved in the transaction.

As all monetary policy measures they have an impact on the balance sheet of banks and other economic agents, which is part of the transmission process.