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Commission Regulation (EC) No 1889/2002 of 23 October 2002 on the implementation of Council Regulation (EC) No 448/98 completing and amending Regulation (EC) No 2223/96 with respect to the allocation of financial intermediation services indirectly measured (FISIM) within the European System of national and regional Accounts (ESA) (Text with EEA relevance)

Commission Regulation (EC) No 1889/2002 of 23 October 2002 on the implementation of Council Regulation (EC) No 448/98 completing and amending Regulation (EC) No 2223/96 with respect to the allocation of financial intermediation services indirectly measured (FISIM) within the European System of national and regional Accounts (ESA) (Text with EEA relevance)

Regulation (EC) No 1889/2002 Β· Regulation Β· 2 articles

Data as of 2026-07-04 Β· Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Β· Read the official text β†—

Article 1

1. Member States shall carry out the following calculations and allocations in accordance with the detailed methodology described in Annex III to Council Regulation (EC) No 448/98: (a) the calculation and allocation of FISIM among user sectors, using the reference rate defined as "method 1" in point 1(b) of Annex III to Council Regulation (EC) no 448/98; (b) the calculation and allocation of imported and exported FISIM (including FISIM between resident financial intermediaries and non-resident financial intermediaries), using the reference rate defined as the "external" reference rate in point 1(b) of Annex III to Council Regulation (EC) no 448/98; (c) the allocation of FISIM among user industries, based on the stocks of loans and deposits for each industry or, if this information is not reliable, on the output for each industry; (d) the calculation of FISIM at constant prices, on the basis of the formula provided in point 3 of Annex III to Council Regulation (EC) No 448/98. 2. Member States shall transmit to the Commission the results of the calculations made pursuant to this Article as part of the tables referred to in Article 3 of Regulation (EC) No 2223/96 (Transmission programme of national accounts data), including backwards calculations from 1995 onwards.

Article 2

This Regulation shall enter into force on the 20th day following that of its publication in the Official Journal of the European Communities. It shall apply as from 1 January 2005. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 23 October 2002. For the Commission Pedro Solbes Mira Member of the Commission (1) OJ L 58, 27.2.1998, p. 1. (2) OJ L 310, 30.11.1996, p. 1. (3) OJ L 58, 28.2.2002, p. 1. (4) OJ L 59, 6.3.1991, p. 19. (5) OJ L 51, 1.3.1996, p. 48.

Source: EUR-Lex (Publications Office of the EU), Β© European Union, reuse permitted under Commission Decision 2011/833/EU.

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