Regulation 2010/1210 - Authentication of euro coins and handling of euro coins unfit for circulation

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Contents

  1. Current status
  2. Key information
  3. Key dates
  4. Legislative text
  5. Original proposal
  6. Sources and disclaimer
  7. Full version
  8. EU Monitor

1.

Current status

This regulation has been published on December 22, 2010 and entered into force on January 11, 2011.

2.

Key information

official title

Regulation (EU) No 1210/2010 of the European Parliament and of the Council of 15 December 2010 concerning authentication of euro coins and handling of euro coins unfit for circulation
 
Legal instrument Regulation
Number legal act Regulation 2010/1210
Original proposal COM(2009)459 EN
CELEX number39 32010R1210

3.

Key dates

Document 15-12-2010
Publication in Official Journal 22-12-2010; OJ L 339, 22.12.2010,Special edition in Croatian: Chapter 19 Volume 011
Effect 11-01-2011; Entry into force Date pub. +20 See Art 14
01-01-2012; Application See Art 14 Partial application
End of validity 31-12-9999

4.

Legislative text

22.12.2010   

EN

Official Journal of the European Union

L 339/1
 

REGULATION (EU) No 1210/2010 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

of 15 December 2010

concerning authentication of euro coins and handling of euro coins unfit for circulation

THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 133 thereof,

Having regard to the proposal from the European Commission,

Having regard to the opinion of the European Central Bank (1),

Acting in accordance with the ordinary legislative procedure (2),

Whereas:

 

(1)

Council Regulation (EC) No 1338/2001 of 28 June 2001 laying down measures necessary for the protection of the euro against counterfeiting (3) requires credit institutions and, within the limits of their payment activity, other payment service providers and any other institutions engaged in the processing and distribution to the public of notes and coins to ensure that euro notes and coins which they have received and which they intend to put back into circulation are checked for authenticity and that counterfeits are detected.
 

(2)

Commission Recommendation 2005/504/EC of 27 May 2005 concerning authentication of euro coins and handling of euro coins unfit for circulation (4) provides for recommended practices regarding the authentication of euro coins and the handling of euro coins unfit for circulation. However, the lack of a mandatory common framework for coin authentication results in different practices among Member States and cannot, therefore, ensure uniform protection of the currency throughout the euro area.
 

(3)

To achieve effective and uniform authentication of euro coins throughout the euro area it is therefore necessary to introduce binding rules for the implementation of common procedures for the authentication of euro coins in circulation and for the implementation of control mechanisms of those procedures by the national authorities.
 

(4)

During the authentication process, genuine euro coins that are unfit for circulation should also be identified. The circulation of unfit coins makes them more difficult to use, particularly in coin-operated machines, and may create confusion for the users as to the authenticity of those coins. Unfit coins should be removed from circulation. Common binding rules for Member States are therefore necessary for handling and reimbursing euro coins unfit for circulation.
 

(5)

To coordinate the implementation of the authentication procedures, the details of testing and training requirements for coin authentication, the specifications for checking euro coins unfit for circulation and other practical implementation provisions should be further determined by the European Technical and Scientific Centre (ETSC) established by Commission Decision 2005/37/EC (5), after having consulted the counterfeit coin experts group referred to in that Decision.
 

(6)

To allow for a gradual adjustment of their current system of rules and practices to the provisions of this Regulation, the Member States should, during a transitional period until 31 December 2014, be able to provide for derogations regarding the types of coin-processing machines to be used for the authentication of euro coins and for the number of those machines to be checked annually.
 

(7)

Each national authority handling euro coins unfit for circulation should be able to apply a handling fee in accordance with this Regulation in order to meet the expenses related to the process. Handling fees should not be applied to the submissions of small quantities of euro coins unfit for circulation. Member States should be able to provide for exemptions from handling fees for persons which cooperate closely with the authorities in removing counterfeit or unfit coins...


More

This text has been adopted from EUR-Lex.

5.

Original proposal

 

6.

Sources and disclaimer

For further information you may want to consult the following sources that have been used to compile this dossier:

This dossier is compiled each night drawing from aforementioned sources through automated processes. We have invested a great deal in optimising the programming underlying these processes. However, we cannot guarantee the sources we draw our information from nor the resulting dossier are without fault.

 

7.

Full version

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The full version is available for registered users of the EU Monitor by ANP and PDC Informatie Architectuur.

8.

EU Monitor

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  • 1. 
    Council Regulation (EC) No 1338/2001 laying down measures necessary for the protection of the euro against counterfeiting, OJ L 181, 4.7.2001, p. 6. Regulation as last amended by Council Regulation (EC) No 44/2009, OJ L17, 22.1.2009, p. 1.

     
  • 2. 
    OJ L184, 15.7.2005, p. 60.

     
  • 3. 
    OJ L 184, 15.7.2005, p. 60.

     
  • 4. 
    Council Decision of 8 December 2003 concerning analysis and cooperation with regard to counterfeit euro coins; OJ L 325, 12.12.2003, p.44.

     
  • 5. 
    OJ L184, 15.7.2005, p. 60.

     
  • 6. 
    OJ L184, 15.7.2005, p. 60.

     
  • 7. 
    Council Decision of 8 December 2003 concerning analysis and cooperation with regard to counterfeit euro coins; OJ L 325, 12.12.2003, p.44.

     
  • 8. 
    Council Decision of 8 December 2003 concerning analysis and cooperation with regard to counterfeit euro coins; OJ L 325, 12.12.2003, p.44.

     
  • 9. 
    The national provisions relating to euro coin authentication are in line with the proposed common rules, since both are based on the Commission Recommendation of 27 May 2005.

     
  • 10. 
    Council Decision of 8 December 2003 concerning analysis and cooperation with regard to counterfeit euro coins; OJ L 325, 12.12.2003, p.44.

     
  • 11. 
    OJ C , , p. .

     
  • 12. 
    OJ C , , p. .

     
  • 13. 
    OJ C , , p. .

     
  • 14. 
    Council Regulation (EC) No 1338/2001 laying down measures necessary for the protection of the euro against counterfeiting, OJ L 181, 4.7.2001, p. 6. Regulation as last amended by Council Regulation (EC) No 44/2009, OJ L17, 22.1.2009, p. 1.

     
  • 15. 
    OJ L 184, 15.7.2005, p.60.

     
  • 16. 
    OJ L 19, 21.1.2005, p.73.

     
  • 17. 
    Council Regulation (EC) No 1338/2001 laying down measures necessary for the protection of the euro against counterfeiting, OJ L 181, 4.7.2001, p. 6. Regulation as last amended by Council Regulation (EC) No 44/2009, OJ L17, 22.1.2009, p. 1.

     
  • 18. 
    OJ L 184, 15.7.2005, p. 60.

     
  • 19. 
    OJ L184, 15.7.2005, p. 60.

     
  • 20. 
    Council Regulation (EC) No 1338/2001 laying down measures necessary for the protection of the euro against counterfeiting, OJ L 181, 4.7.2001, p. 6. Regulation as last amended by Council Regulation (EC) No 44/2009, OJ L17, 22.1.2009, p. 1.

     
  • 21. 
    OJ L184, 15.7.2005, p. 60.

     
  • 22. 
    OJ L 184, 15.7.2005, p. 60.

     
  • 23. 
    Council Decision of 8 December 2003 concerning analysis and cooperation with regard to counterfeit euro coins; OJ L 325, 12.12.2003, p.44.

     
  • 24. 
    OJ L184, 15.7.2005, p. 60.

     
  • 25. 
    OJ L184, 15.7.2005, p. 60.

     
  • 26. 
    Council Decision of 8 December 2003 concerning analysis and cooperation with regard to counterfeit euro coins; OJ L 325, 12.12.2003, p.44.

     
  • 27. 
    Council Decision of 8 December 2003 concerning analysis and cooperation with regard to counterfeit euro coins; OJ L 325, 12.12.2003, p.44.

     
  • 28. 
    The national provisions relating to euro coin authentication are in line with the proposed common rules, since both are based on the Commission Recommendation of 27 May 2005.

     
  • 29. 
    Council Decision of 8 December 2003 concerning analysis and cooperation with regard to counterfeit euro coins; OJ L 325, 12.12.2003, p.44.

     
  • 30. 
    OJ C , , p. .

     
  • 31. 
    OJ C , , p. .

     
  • 32. 
    OJ C , , p. .

     
  • 33. 
    Council Regulation (EC) No 1338/2001 laying down measures necessary for the protection of the euro against counterfeiting, OJ L 181, 4.7.2001, p. 6. Regulation as last amended by Council Regulation (EC) No 44/2009, OJ L17, 22.1.2009, p. 1.

     
  • 34. 
    OJ L 184, 15.7.2005, p.60.

     
  • 35. 
    OJ L 19, 21.1.2005,
     
  • 36. 
    Council Regulation (EC) No 1338/2001 laying down measures necessary for the protection of the euro against counterfeiting, OJ L 181, 4.7.2001, p. 6. Regulation as last amended by Council Regulation (EC) No 44/2009, OJ L17, 22.1.2009, p. 1.

     
  • 37. 
    OJ L 184, 15.7.2005, p. 60.

     
  • 38. 
    OJ L184, 15.7.2005, p. 60.

     
  • 39. 
    Deze databank van de Europese Unie biedt de mogelijkheid de actuele werkzaamheden (workflow) van de Europese instellingen (Europees Parlement, Raad, ESC, Comité van de Regio's, Europese Centrale Bank, Hof van Justitie enz.) te volgen. EURlex volgt alle voorstellen (zoals wetgevende en begrotingsdossiers) en mededelingen van de Commissie, vanaf het moment dat ze aan de Raad of het Europees Parlement worden voorgelegd.
     
  • 40. 
    EUR-lex provides an overview of the proposal, amendments, citations and legality.