Report on the application of Directive 2014/62/EU on the protection of the euro and other currencies against counterfeiting by criminal law

Summary:

Report presented on 9 July 2019 by the European Commission on the implementation by Member States of Directive 2014/62/EU on the application of measures against currency counterfeiting.

Further information:

Directive 2014/62/EU on the protection of the euro and other currencies against counterfeiting by criminal law was adopted on 15 May 2014. Member States had to bring into force the necessary national measures in order to comply with the Directive by 23 May 2016.

The Directive is applicable not only to the euro but also to other currencies, although some of its elements are only applicable to the euro. Denmark and the United Kingdom did not take part in the adoption and are not subject to the application of the Directive.

This report focuses on the measures Member States have taken so far to implement the Directive through a transposition in their national law. It assesses whether Member States have implemented the Directive within the given timeframe, and whether national legislation achieves the objectives and fulfils the requirements of the Directive.