European Monetary Cooperation Fund (EMCF)

Fonds européen de coopération monétaire (FECOM)
Europäischer Fonds für Währungspolitische Zusammenarbeit (EFWZ)
Fondo Europeo di Cooperazione Monetaria

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6 Apr 1973, with separate legal personality, by Regulation (EEC) No 907/73, 3 Apr 1973, of the then Council of the European Communities, currently E-XE3068 - Council of the European Union. Located in Luxembourg following Decision 73/208/EEC, 24 Jul 1973, of representatives of governments of Member States of the European Communities. Originally intended as precursor to a E-XF2923 - European Central Bank (ECB). A constituent body of H-XF0662 - European Communities (EC), to be consulted regarding changes in the composition of the ECU, the EMCF came within the framework of U-XF7870 - European Monetary System (EMS) from Mar 1979. Dissolved as of 1 Jan 1994, in the progress towards F-XF4335 - European Economic and Monetary Union (EMU), when tasks were taken over by the H-XF2874 - European Monetary Institute (EMI) envisaged in T-XT9113 - Treaty on European Union (Maastricht Treaty).


Promote the proper functioning of the Basel Agreement of 24 Apr 1972 on the narrowing of the margins of fluctuations between Community currencies (superseded in Mar 1979 by the Agreement between the central banks of the Member States of the European Economic Community laying down the operating procedures for the European Monetary System).


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Board of Governors whose members are the Governors of the central banks of EEC Member States. A member of the Luxembourg (Luxembourg) currency authorities sits on the Board and takes part in decisions whenever the rights and obligations of the Grand Duchy of Luxembourg are not exercised by the National Bank of Belgium on behalf of the two Member States of the F-XF0924 - Belgian-Luxembourg Economic Union (BLEU). A member of E-XE2442 - European Commission (EC) takes part in the proceedings of the Board.


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Type I Classification

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Type II Classification

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Subjects *

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UN Sustainable Development Goals **

GOAL 17: Partnerships to achieve the Goal



* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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