Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-07-Speech-2-981"
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"en.20100907.24.2-981"2
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"−
Counterfeiting of euro coins is a significant threat, particularly for the highest coin denominations. The lack of a mandatory common framework for coin authentication may constitute an impediment for the protection of metal coins. The regulation that has just been adopted constitutes a legally binding instrument enabling the establishment of a common method for euro coin authentication.
One of the primary objectives of the regulation is to ensure that the institutions guarantee that euro coins returning to circulation are subject to an authenticity screening process. The authentication should be carried out by means of the coin processing machines included in the list referred to in Article 5 paragraph 3, or by duly trained staff in accordance with methods designated by the Member States. Furthermore, due to the fact that the authentication of euro coins inevitably incurs expenses to the institutions involved in this process, such as credit institutions, and a number of other institutions, such as cash transporters, I suggest including the right of the institutions to retain a handling fee."@en1
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