Traduction de «Méthode du calcul de l’engagement » (Français → Anglais) :

It is necessary in laying down such criteria that this Directive clarifies how the global exposure can be calculated, including by using the commitment approach, the value at risk approach or advanced risk measurement methodologies.

1. Where the commitment approach is used for the calculation of global exposure, Member States shall require management companies to apply this approach to all financial derivative instrument positions including embedded derivatives as referred to in the fourth subparagraph of Article 51(3) of Directive 2009/65/EC, whether used as part of the UCITS general investment policy, for purposes of risk reduction or for the purposes of efficient portfolio management as referred to in Article 51(2) of that Directive.

5. Where the commitment approach is used, temporary borrowing arrangements entered into on behalf of the UCITS in accordance with Article 83 of Directive 2009/65/EC need not be included in the global exposure calculation.

On the same topic, could the Minister of Finance promise that this bill will provide a statutory and objective method to calculate the guarantees required by Revenue Canada of millionaires who want to transfer their assets outside Canada, instead of leaving the choice of guarantee t the sole discretion of the government?

I can tell my hon. colleague that the proposals on which we are working will deal with three matters: first, the method by which the amounts of child support are determined; second, the method by which they are taxed; and, third, the creation of a national strategy to enforce these orders once they are made.

The institute recognizes that some of the changes proposed in Bill C-78 and Bill C-71, the Budget Implementation Act, 1999, as well as some administrative changes may entail positive repercussions for public service employees and pensioners—for example, changing the benefit formula to the average salary during the best consecutive five years of service instead of six; modifying the CPP/QPP integration formula to match the new benefit formula; enhancing the supplementary death benefit; extending the survivor benefits to conjugal partners of the same sex; introducing the market investment of plan assets; and implementing a dental plan ...[+++] for pensioners.