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Note on GNI reservations

This guide explains GNI reservations, their types, identification, addressing in GNI returns, and lifting process with legal references and recommendations for handling.

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Note on GNI reservations

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  1. Note on GNI reservations GNIC/336

  2. Note on GNI reservations • I. Introduction • II. Typology • III. Identification and placing • IV. Addressing • V. Lifting

  3. I. Introduction • To replace the annex "Good practice concerning GNI reservations" • Defines a GNI reservation • Explains its purpose • Legal reference

  4. II. Typology of GNI reservations • General GNI reservations • Specific GNI reservations • Transaction-specific GNI reservations (TSR) • Transversal GNI reservations (TR) • Process-specific GNI reservations (PSR)

  5. III. Identification and placing • Open issues from previous verification round • Throughout the whole ESA2010 verification cycle • No reservation below materiality threshold • Existing PSR will be replaced by TSR or TR by 2019/2020

  6. IV. Addressing and V. Lifting • Addressing in annual GNI returns • Clear description of measures taken + detailed presentation of impact on GNI • Prior submission for checks recommended • Lifting generally within one year after adequate addressing in annual GNI returns

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