For the execution of banking supervision, it is of great importance that the reported data is consistent and correct. The ECB has formulated requirements for data quality for uniform supervision within the SSM.

Cash remains the most widely used means of payment in Germany and fulfils important societal functions, including ensuring all segments of the population can participate in the economy. It also offers resilience to crises, according to an article in the latest issue of the Monthly Report. In this article, Bundesbank experts examine what cash acceptance is like in Germany and what challenges are involved.