Traduction de «Modèle de simulation des politiques commerciales » (Français → Anglais) :

The provisions in this Regulation are closely linked, since they deal with organisational requirements, including record keeping and business continuity, and prudential requirements, including in relation to margins, the default fund, liquidity risk controls, the default waterfall, collateral, investment policy, review of models, stress testing and back testing.

3. Notes that the New Trade Strategy aims to strengthen an economic model based on exports and, hence, on increased transportation; recalls that the ongoing increase in CO2 emissions linked to transport and international trade is in danger of undermining the effectiveness of the EU’s climate change strategy; also recalls that emissions from transport are only one component of the impact of trade and trade expansion on emissions; therefore asks the Commission to outline a strategy that considers all the effects relevant to the net emissions balance, e.g. differences in emissions according to the place of production and the production technologie ...[+++]s and raw materials used, or differences in emissions reduction cost between countries and sectors, and the effect that the further dissemination of emissions-reducing technology could have; takes the view that, in line with the principle of policy coherence, a trade strategy should be designed primarily to strengthen endogenous development, consumption and production patterns;

Stresses that external trade policy must not jeopardise the EU’s ability to maintain a strong agricultural sector and to ensure food security against a background of increased market volatility; calls on the Commission to defend, in all fora, and in the WTO in particular, the multifunctional role of EU agriculture, including the vital role it plays in providing employment and in sustaining the vitality of rural areas, and the European agri-food model, which is a strategic component of Europe’s economy;

Points out that trade policy is an important tool in achieving the objective of a bi-regional strategic partnership between the European Union and Latin America; supports, in this respect, the creation of a Euro-Latin America interregional partnership area based on a WTO-compatible regionalism model;

the institution frequently conducts a rigorous programme of stress testing and the results of these tests are reviewed by senior management and reflected in the policies and limits it sets This process shall particularly address illiquidity of markets in stressed market conditions, concentration risk, one way markets, event and jump‐to‐default risks, non-linearity of products, deep out‐of‐the‐money positions, positions subject to the gapping of prices and other risks that may not be captured appropriately in the internal models.

In the Committee's view the new transatlantic dialogue - which it has welcomed - is a model example of how broader interests can be included in the trade debate.