Traduction de «Cross-guarantee » (Anglais → Français) :

– cross guarantee agreements, cross-collateral arrangements, cross-default provisions and cross-affiliate netting arrangements;

The provisions regarding intra-group financial support in this Directive do not affect contractual or statutory liability arrangements between institutions which protect the participating institutions through cross-guarantees and equivalent arrangements.

They shorten the maturity dates on bonds, they ask for higher yield, and they're clever enough to make sure they get cross-guarantees between the two jurisdictions of Nortel, between the U.S. and Canada.

6. Supports the adoption of the ‘home’ country principle – whereby policies written by an insurer, regardless of location of sale, are covered by the ‘home’ IGS – recognising (a) that under Solvency II the cross-border provision of insurance services will increase, and (b) that the failure of an insurer will be linked to the inadequacy of supervision by the ‘home’ supervisor, so that the burden of responsibility for failure should be borne by the ‘home’ IGS, which should provide last-resort protection to consumers only when insurance undertakings are unable to fulfil their contractual commitments owing to insolvency; calls on the Commission to conduct an impact assessment and public consultation with stakeholders on the inclusion of life i ...[+++]nsurance as a matter of priority and on the practicality of including non-life insurance in a cross-border IGS to ensure an appropriate level of consumer protection and a level playing field between Member States; believes that a rationale should be established by the Commission and the EIOPA in order to ensure that the additional costs of an IGS are weighed against the objective of consumer protection; notes that the current EU regulation on deposit guarantee schemes and investor protection schemes covers only savings products;

the introduction of or increase in aid to safe regions bordering the countries of origin of genuine asylum seekers and the countries through which they travel. If the protection of asylum seekers were guaranteed in other places, the pressure at EU borders would be eased. However, in order to guarantee protection, support for the work of the UNHCR, Red Cross, etc would be necessary, along with the monitoring of human rights in refugee camps. Calls, to this end, for the implementation of specific programmes aimed at providing financial and technical aid contributing to ensuring protection in border and transit regions.

That report could include proposals in such fields as SME access to credit, cross-guarantees, mutual guarantee associations, factoring and risk capital, and suggestions for implementing the EIF and the Copenhagen facility.