Monitoring compliance with the rules and regulations on recirculation of euro banknotes and coins – enforcement policy

Factsheet
Read aloud

Acting on our own mandate in enforcing rules and regulations, and with due regard to other relevant circumstances and interests, we reach our own independent decisions on the use of enforcement instruments.

Published: 23 February 2022

The enforcement policy sets out the principles and factors underlying our deployment of enforcement instruments, such as an administrative fine and an order subject to penalty, in order to ensure compliance with the standards set.

Euro banknotes

We have informed the other economic agents referred to in Article 6 of Regulation (EC) 1338/2001, which recirculate euro banknotes received from the public via ATMS or other machines, of our enforcement policy in the event of non-compliance with the standards. These other economic agents include head offices in the case of branches of supermarket chains, individual retailers and other parties which independently fill an ATM with their own euro banknotes.

Euro coins

We have informed cash-in-transit companies referred to in Article 6 of Regulation (EC) 1338/2001 and coin processors, which recirculate euro coins received from the public, of our enforcement policy in the event of non-compliance with standards.

Links

Related topics

Discover related articles

Interesting articles