11.8.2010 Official Journal of the European Union L 210/1 (Non-legislative acts) REGULATIONS COMMISSION REGULATION (EU) No 715/2010 of 10 August 2010 amending Council Regulation (EC) No 2223/96 as regards adaptations following the revision of the statistical classification of economic activities NACE Revision 2 and the statistical classification of products by activity (CPA) in national accounts THE EUROPEAN COMMISSION, Having regard to the Treaty on the Functioning of the European Union, Having regard to Council Regulation (EC) No 2223/96 of 25 June 1996 on the European system of national and regional accounts in the Community ('), and in particular Articles 2(2) and 3(2) thereof, Whereas: 0] 0] The introduction of an updated classification system is central to the Commission’s ongoing efforts to maintain the relevance of European statistics, by taking into account technological developments and structural changes in the economy. Regulation (EC) No 1893/2006 of the European Parliament and of the Council of 20 December 2006 establishing the statistical classification of economic activities NACE Revision 2 and amending Council Regu- lation (EEC) No 3037/90 as well as certain EC Regu- lations on specific statistical domains (?) established a revised statistical classification of economic activities, called NACE Revision 2 (hereinafter referred to as ‘NACE Rev. 2)). Regulation (EC) No 451/2008 of the European Parliament and of the Council of 23 April 2008 estab- lishing a new statistical classification of products by L 310, 30.11.1996, p. 1. L 393, 30.12.2006, p. 1. activity (CPA) and repealing Council Regulation (EEC) No 3696/93 () established a revised statistical classification of products by activity (hereinafter referred to as ‘CPA 2008)). Regulation (EC) No 222396 setting up the European System of Accounts 1995 (hereinafter referred to as ‘ESA 95’) provides a methodology of common standards, definitions, classifications and accounting rules for drawing up the accounts of the Member States. The establishment of a revised statistical classification of economic activities and a revised statistical classification of products by activity require adaptation of Regulation (EC) No 2223/96. The Committee on Monetary, Financial and Balance of Payments Statistics (CMFB) set up by Council Decision 2006/856/EC (*) has been consulted. The European Statistical System Committee has been consulted, HAS ADOPTED THIS REGULATION: Article 1 Regulation (EC) No 2223/96 is amended as follows: 1. The term ‘NACE rev. 1" is replaced by ‘NACE Rev. 2’ throughout the text with the exception of paragraph 8.153. 2. In paragraph 2.34, ‘division 70’ is replaced by ‘division 68’. () ) O] O] L 145, 4.6.2008, p. 65. L 332, 30.11.2006, p. 21.