Traduction de «Single banking licence » (Anglais → Français) :

BANKING The Commission looks forward in particular to the entry into force on 1st January 1993 of the Single Banking Licence, created by the Second Banking Coordination Directive (89/646/EEC), which was adopted in December 1989.

The single banking licence, or banking passport as it is sometimes known, rests on a basis of mutual recognition and home country control of banks.

The draft directive also deals with the conditions under which banks from third countries can be granted the single banking licence and establish in the Community. Reciprocity requirement for third countries ------------------------------------------- Third country banks wishing to open subsidiaries in the Community will file the relevant application for a licence with the supervisory authority of the particular Member State in which they want to establish; but the actual granting of the licence by that supervisory authority will depend on a Community procedure which will evaluate whether banking institutions from all Member States enjo ...[+++]y reciprocity in the State of the applicant, and what measures might be taken, if this is not the case.

The Second Banking Directive together with its technical supporting measures establishes a single banking licence enabling authorised banks to provide the whole range of their services in all Member States, on the basis of home country control. So we have given to the Community the largest and most open banking market in the world - a market of 320 million people, almost as large as that of the United States and Japan combined. The European consumer will benefit from more choice of banking services.

Electronic money institutions may be granted the "European passport" (single licence) if they comply with the principles laid down in the First Banking Directive as regards mutual recognition of the licence and prudential supervision and with the principle of home Member State supervision (Directive 2000/12/EC).