• Implementation plans and monitoring, evaluation and reporting arrangements
The proposal includes a general plan for monitoring and review of the impact of the Regulation. The Commission will be required to carry out a review on the operation and effects of this Regulation and submit a report to the European Parliament and to the Council, in line with the Commission's Better Regulation Guidelines. Member States should provide the Commission with necessary information for the preparation of that report.
• Detailed explanation of the specific provisions of the proposal
Subject matter and scope (Articles 1 and 2)
The proposal provides for detailed rules on the scope and effects of the legal tender of cash and on access to euro banknotes and coins. The rules govern the settlement of pecuniary debts in so far as they are to be settled in cash, where a payment obligation exists. The proposal also includes rules on admissible exemptions, rules for monitoring the acceptance of cash and i
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