L 330/20 Official Journal of the European Union 15.12.2007 REGULATION (EC) No 1489/2007 OF THE EUROPEAN CENTRAL BANK of 29 November 2007 amending Regulation (EC) No 24232001 (ECB/2001/13) concerning the consolidated balance sheet of the monetary financial institutions sector (ECB/2007/18) THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK, Having regard to Council Regulation (EC) No 2533/98 of 23 November 1998 concerning the collection of statistical infor- mation by the European Central Bank (1), and in particular Articles 5(1) and 6(4) thereof, Whereas: () e Regulation (EC) No 2423/2001 of the European Central Bank of 22 November 2001 concerning the consolidated balance sheet of the monetary financial institutions sector (ECBJ/2001/13) (3) requires monetary financial institutions (MFIs) to report quarterly statistical data broken down by country and currency. It needs to be amended to take into account the accession of new Member States to the European Union. Regulation (EC) No 2423/2001 (ECB/2001/13) also imposes an obligation to report quarterly data on positions vis-a-vis counterparties resident in the terri- tories of Member States that have adopted the euro. It needs to be amended to take into account the adoption of the euro by further Member States. National central banks (NCBs) should be allowed to grant, on a non-discriminatory basis, derogations from the reporting requirements to individual electronic money institutions in certain situations. In cases where electronic money institutions fulfil certain conditions, the underlying purpose behind collecting statistical data under Regulation (EC) No 2423/2001 (ECB/2001/13) can be met without imposing statistical requirements on such institutions. The European Central Bank (ECB) aims to ensure a level playing field by monitoring the granting of such derogations. The conditions under which shares issued by MFIs should be classified as deposits instead of as capital and reserves need to be clarified, OJ L 318, 27.11.1998, p. 8. OJ L 333, 17.12.2001, p. 1. Regulation as last amended by Regu- lation (EC) No 4/2007 (ECB/2006/20) (O] L 2, 5.1.2007, p. 3). HAS ADOPTED THIS REGULATION: Article 1 Regulation (EC) No 2423/2001 (ECB/2001/13) is amended as follows: 1. in Article 1, the following paragraph is added: ‘For the purposes of this Regulation, the terms “electronic money institution” and “electronic money” shall have the same meaning as in Article 1(3) of Directive 2000/46/EC of the European Parliament and of the Council of 18 September 2000 on the taking up, pursuit of and prudential supervision of the business of electronic money insti- tutions (*). (*) OJ L 275, 27.10.2000, p. 39.; . in Article 2, the following paragraph 4 is added: ‘4, Without prejudice to Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast) (*) and Article 2 of Regulation (EC) No 1745/2003 of the European Central Bank of 12 September 2003 on the application of minimum reserves (ECB/2003/9) (**), NCBs may, subject to the conditions specified in paragraphs 2 to 4 of Annex I, grant dero- gations to individual electronic money institutions. The NCBs shall check the fulfilment of the conditions laid down in paragraph 2 of Annex III in good time in order to grant or withdraw, if necessary, any derogation. Any NCB that grants such a derogation shall inform the ECB thereof. (*) OJ L 177, 30.6.2006, p. 1. (*) OJ L 250, 2.10.2003, p. 10. . Annex [ is amended in accordance with Annexes I and II to this Regulation. . Annex III is replaced by the text set out in Annex III to this Regulation. . Annex V is amended in accordance with Annex IV to this Regulation.