Recital 4

(4)Pursuant to Article 3(2) of Guideline (EU) 2018/876 (ECB/2018/16), each national central bank (NCB) must establish a local RIAD hub, which acts as the unique point of contact for reference data matters relating to RIAD in the Member State and coordinates activity, inter alia, with NCAs at national level to ensure the accuracy, timeliness and consistency of reference data and to ensure the consistent use of identifiers for entities. Recommendation ECB/2018/36 ⁴ invites NCBs of the Member States whose currency is not the euro to apply the provisions of Guideline (EU) 2018/876 (ECB/2018/16) addressed to NCBs of Member States whose currency is the euro. This Guideline accordingly establishes the responsibilities of each NCA to liaise with the NCB in its participating Member State.