The monetary dialogue has its roots in Article 113(3)2 of the EC Treaty, according to which the President of the ECB and the other Members of the Executive Board may at the request of the European Parliament or on their own initiative be heard by the competent committees of the European Parliament.
Monetārā dialoga pamatus veido Eiropas Kopienas līguma 113. panta 3. punkta 2. daļa, kurā teikts, ka ECB prezidentu un pārējos Valdes locekļus pēc Eiropas Parlamenta lūguma vai pēc pašu iniciatīvas var uzklausīt attiecīgajās komitejās.