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  • 标题:COMPATIBILITY OF NATIONAL LEGISLATION WITH THE TREATY
  • 本地全文:下载
  • 期刊名称:Convergence Report / European Central Bank
  • 印刷版ISSN:1725-9312
  • 电子版ISSN:1725-9525
  • 出版年度:2006
  • 卷号:1
  • 页码:22-22
  • 出版社:European Central Bank
  • 摘要:Article 122(2) of the Treaty requires the ECB (and the Commission) to report, at least once every two years or at the request of a Member State with a derogation, to the EU Council in accordance with the procedure laid down in Article 121(1). Each such report must include an examination of the compatibility between, on the one hand, the national legislation of each Member State with a derogation, including the statutes of its NCB, and, on the other hand, Articles 108 and 109 of the Treaty and the Statute of the European System of Central Banks and of the European Central Bank (hereinafter the ¡°Statute¡±). This Treaty obligation applying to Member States with a derogation is also referred to as ¡°legal convergence¡±. When assessing legal convergence, the ECB is not limited to a formal assessment of the letter of national legislation but may also consider whether the implementation of the relevant provisions complies with the spirit of the Treaty and the Statute. The ECB is particularly concerned about recent growing signs of pressure being put on the decision-making bodies of some Member States¡¯ NCBs, which would be inconsistent with the spirit of the Treaty as regards central bank independence. Therefore, the ECB will closely monitor any developments prior to any final positive assessment concluding that a Member State¡¯s national legislation is compatible with the Treaty and the Statute.
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