Practical Issues Arising From The Euro
December 2001 Issue
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There are four sections which are only included in the
internet version:
- Use of the Euro in the UK Beyond the City (Part 1,
Section 7 pages 97A and B).
- Additional Outstanding Payment Issues (Part II
page 106A).
- The City's Market Share (Part II pages 109A and B).
-
Outstanding Issues Relating to any Sterling Financial Market Changeover to Euro
(Part II pages 114A-114E).
Title, Contents, Foreword
and Overview 
(111k)
Part 1
Completing the Euro Changeover
Section
1
(97k)
Background
Introduction
The context
Organisation of the changeover
Legal framework for the changeover
Timetable for the changeover
Section
2
(413k)
Completing the non-cash changeover
Completing the changeover in wholesale financial markets
Retail banking changeover
(i) Payments
(ii) Bank accounts
The French approach to the non-cash changeover to the euro
- a contribution by the Banque de France
Securing involvement in the changeover: the Spanish case - a
contribution by the Banco de España
Completing the changeover in Ireland - a contribution by the
Central Bank of Ireland
ABN AMRO's approach to the retail banking changeover
Allied Irish Bank's transition to the euro
The approach to conversion by some leading French banks
Changeover by the business sector
Changeover by the public sector
Section
3
(492k)
The Cash Changeover
Before the cash exchange period
How to achieve a high volume of frontloading: the Austrian
case - a contribution by the Oesterreichische Nationalbank
During the cash changeover period
Euro cash changeover in Germany - a contribution by the Deutsche
Bundesbank
Going Dutch in euros: the concentrated changeover in the Netherlands
- a contribution by de Nederlandsche Bank
How high usage of electronic means of payment eases the changeover:
the Finnish case - a contribution by Suomen Pankki
After the cash exchange period
Sections
4, 5 & 6
(201k)
Section 4: Information Campaign
Section 5: Risk Management
Management of risks arising from the non-cash changeover
Management of risks arising from the cash changeover
Costs of the changeover
Section 6: Economic Pact
Impact on inflation
Impact on real economic activity
Impact on Eurosystem monetary operations
Impact on the exchange rate
Impact on the Single Market
Impact outside the euro area
The euro in Sweden - a contribution by Sveriges Riksbank
Section
7
(66k)
Implications for the UK
Non-cash changeover
Cash changeover
Use of the euro in the UK
Part
II
(189k)
Other Practical Issues
Introduction
Eurosystem monetary policy operations
Foreign exchange market
Money market
Capital market
Supporting infrastructure
Latest BIS foreign exchange and OTC derivatives market survey
London as an international financial centre
Preparations for possible UK entry
