The body at the European Central Bank (ECB) that monitors the technological advances in printing and reproduction, as well as the number of counterfeits detected. These counterfeits are analysed by the The name of the European single currency adopted by the European Council at the meeting held in Madrid on 15-16 December 1995. See ECU. area In general, the expression refers to the central banks of different countries. and the centre, which coordinates the technical and statistical information about them. The information stored in the centre’s database is shared with national police forces and other bodies involved in combating counterfeiting.