SECTION IIACCREDITATION PROCEDURE

Article 8ECB accreditation register

1.

The ECB shall maintain an accreditation register, which shall be made available to NCBs and future Eurosystem NCBs and to accredited manufacturers via the ECB banknotes extranet. The accreditation register shall contain all of the following:

(a)

a list of all manufacturers that have been granted an accreditation;

(b)

with respect to each accredited manufacturer:

  1. (i)

    an indication of the euro secure item activity or the euro item activity for which an accreditation has been granted;

  2. (ii)

    the manufacturing site for the euro secure item activity or the euro item activity for which an accreditation has been granted;

  3. (iii)

    information on the euro secure items or euro items produced at each manufacturing site.

2.

The ECB shall regularly update the accreditation register with the accreditation status of accredited manufacturers, as well as with the information provided by the accredited manufacturers under this Decision. For the purpose of regularly updating the accreditation register, the ECB may collect from accredited manufacturers, the NCBs and future Eurosystem NCBs any other relevant information that the ECB considers necessary to maintain the accuracy and correctness of the information in the accreditation register.

3.

If the ECB adopts a suspension decision under Article 17 and after it has notified the accredited manufacturer of this decision, it shall record all of the following information in the accreditation register without delay:

(a)

the scope and duration of the suspension;

(b)

all changes that affect the accredited manufacturer’s accreditation status relating to:

  1. (i)

    its name;

  2. (ii)

    the relevant manufacturing site;

  3. (iii)

    the euro secure item or the euro item and the euro secure item activity or the euro item activity affected by the suspension, in compliance with the findings of the suspension decision.

4.

If the ECB adopts a revocation decision pursuant to Article 18 and after it has notified the accredited manufacturer of this decision, it shall remove all the following information from the accreditation register without delay in accordance with the findings of the revocation decision:

(a)

the name of the accredited manufacturer;

(b)

the manufacturing site;

(c)

the euro secure item or the euro secure item activity;

(d)

the euro item or the euro item activity.

5.

An accredited manufacturer shall inform the ECB if the information about the accredited manufacturer in the accreditation register is incomplete or erroneous. If the ECB determines that such information is incomplete or erroneous, the ECB shall amend the accreditation register.