Supervision of cash handlers - Supervision practice
DNB establishes whether cash handlers use the appropriate banknote handling machines to check banknotes. Such machines must have passed a test performed by one of the national central banks of the Eurosystem not more than twelve months ago and be included in the most recent list of successfully tested machines published by the European Central Bank. The list contains combinations of hardware and software.
To enable the ECB and DNB to monitor cash handlers’ compliance and banknote circulation developments, cash handlers must prepare two half-yearly reports each year, to be submitted within two months after the expiry of the relevant reporting period. Such reports include the following information:
- the number of banknotes processed and recirculated by or on behalf of the cash handlers
- the banknote handling machines (machine types and numbers) used by or on behalf of the cash handlers for recirculation purposes
- the number of banknotes processed and recirculated by cash recycling machines, broken down by denomination.
- Exchange transaction
- Payment institutions
The countercyclical capital buffer (CCyB) is a macroprudential instrument that aims to protect banks against systemic risks arising from excessive credit growth in a member state.Read more