Traduction de «Any other business » (Anglais → Français) :

while stressing the need to increase worldwide access to financial services given their importance for growth and the economy, to exclude cross-border financial services from the EU’s commitments, including portfolio management, until there is convergence in financial regulation at the highest level, except in very limited and duly justified cases, such as those reinsurance services provided in a business-to-business context; to consider, in particular, that clear and sound rules and procedures for authorising companies established in third countries to provide such services in the EU and, where appropriate, the explicit recognition by the EU that these companies’ country of origin have an enforceable regulatory and supervisory framework e ...[+++]quivalent to the EU’s are indispensable to ensure that no unsupervised entity is able to act in the Union and that a level-playing field between European and foreign companies, irrespective of their jurisdiction of establishment, is achieved; to take immediate action, in parallel to TiSA, to narrow the gap between the different ways in which countries currently recognise the equivalence of regulatory and supervisory regimes of other jurisdictions, which is currently causing fragmentation of global financial services markets, by achieving a common understanding that an equivalence decision should be the result of a transparent assessment of whether each jurisdiction’s rules achieve the same objectives and understanding that, though such a decision should follow early and frequent bilateral dialogues, it can be unilateral when mutual recognition is not possible;

(Return tabled) Question No. 509 Mr. Todd Russell: With regard to government expenditures in Labrador during fiscal years 2009-2010 and 2010-2011: (a) what is the value of (i) each grant, contribution, repayable contribution, loan, or contract for the supply of goods or services made or awarded to any group, business or organization located in Labrador, (ii) each grant, contribution, repayable contribution, loan, or contract for the supply of goods or services made or awarded to any group, business or organization located outside Labr ...[+++]ador but for activities carried out within Labrador, (iii) each transfer payment or other payment to the province of Newfoundland and Labrador for work or activities primarily carried out in Labrador, a municipality in Labrador, or a First Nations, Inuit or Innu local government in Labrador; and (b) for each case in (a), (i) what was the specific government department or agency which made the grant, contribution, repayable contribution, loan, contract for the supply of goods or services, or transfer or other payment, (ii) on what date was it made or awarded by the department or agency, (iii) under which program, policy or authority was it made or awarded?

In other words, European citizens and businesses continue to be obstructed in exercising their rights under the single market.

Public funds paid for activities relating to the provision of transport services as public-service remits must be shown separately for each public service contract in the relevant accounts and shall not be transferred to activities relating to the provision of other transport services or any other business.

In this respect, the Commission should be able to adopt measures determining the procedures under which AIFM managing portfolios of AIF whose assets under management do not exceed the threshold set out in this Directive may exercise their right to be treated as AIFM covered by this Directive. These measures are also designed to specify the criteria to be used by competent authorities to assess whether AIFM comply with their obligations as regards their conduct of business, the type of conflicts of interests AIFM have to identify, as w ...[+++]ell as the reasonable steps AIFM are expected to take in terms of internal and organizational procedures in order to identify, prevent, manage and disclose conflicts of interest. They are designed to specify the risk management requirements to be employed by AIFM as a function of the risks which the AIFM incurs on behalf of the AIF that it manages as well as any arrangements needed to enable AIFM to manage the particular risks associated with short selling transactions, including any relevant restrictions that might be needed to protect the AIF from undue risk exposures. They are designed to specify the liquidity management requirements of this Directive and in particular the minimum liquidity requirements for AIF. They are designed to specify the requirements that originators of securitisation instruments have to meet in order for an AIFM to be allowed to invest in such instruments issued after 1 January 2011. They are as well designed to specify the requirements that AIFM have to comply with when investing in such securitisation instruments. They are designed to specify the criteria under which a valuator can be considered independent in the meaning of this Directive. They are designed to specify the conditions under which the delegation of AIFM functions should be approved and the conditions under which the manager could no longer be considered to be the manager of the AIF in case of excessive delegation. They are designed to specify ...

We have also opted for flexibility in the form of seven hours' continuous training, in other words, one day, rather than for larger units, in order not to impose a burden on businesses.