Traduction de «Risque de levier d'exploitation » (Français → Anglais) :

‧risk of excessive leverage‧ means risk of excessive leverage as defined in point (94) of Article 4(1) of Regulation (EU) No 575/2013;

2. Competent authorities shall ensure that institutions address the risk of excessive leverage in a precautionary manner by taking due account of potential increases in the risk of excessive leverage caused by reductions of the institution's own funds through expected or realised losses, depending on the applicable accounting rules.

Question No. 419 Ms. Kirsty Duncan: With respect to the risk of corrosion and spills and other safety concerns arising from the transport of bitumen in pipelines, and to government action to address these risks: (a) how does diluted bitumen compare with West Texas Intermediate (WTI) in terms of (i) abrasive material content, (ii) acid concentration, (iii) sulphur content, (iv) viscosity; (b) to what extent is diluted bitumen more likely than WTI to cause corrosion or erosion in the pipelines through which they respectively flow; (c) what is the composition of diluted bitumen in Canada; (d) what are all of the volatile chemicals, persi ...[+++]stent organic pollutants or carcinogenic substances present in diluted bitumen in Canada; (e) in the process of diluting bitumen in Canada, what are the (i) natural gas condensates used, (ii) other petroleum products used; (f) what is the process by which diluted bitumen corrodes pipelines, with specific reference to (i) abrasion, (ii) friction, (iii) high pressure, (iv) settling of sediment, (v) velocity, (vi) sulphur-reducing bacteria, (vii) other significant factors; (g) for all proposed or existing National Energy Board (NEB)-regulated pipelines, what is (i) the amount of hard sediment passing through the pipeline annually, (ii) the average pressure, (iii) the average temperature; (h) what, if any, (i) research, (ii) action, (iii) investment has the government undertaken to determine whether diluted bitumen can flow safely through pipelines; (i) what, if any, (i) research, (ii) action, (iii) investment has the government undertaken to determine whether or not conventional crude should be distinguished from diluted bitumen when setting minimum standards for pipelines; (j) what, if any, (i) research, (ii) action, (iii) investment has the government undertaken to design safety and spill responses and spill liability management capabilities that are appropriate specifically to diluted bitumen; (k) how does a diluted bitumen sp ...

(Return tabled) Question No. 152 Ms. Kirsty Duncan: With respect to the development of unconventional gas resources, including shale, tight and coal bed methane, and its possible impacts on the environment: (a) what, if any, research has the government undertaken regarding the development of unconventional gas resources, (i) what was the scope of this research in the areas of, but not limited to, air quality, aquatic and terrestrial ecosystem impacts, economic impacts, occupational risks, public safety concerns, and seismic risks, (ii) what, if any, resources did the government provide for this research, (iii) what, if any, process was e ...[+++]stablished to ensure the independence of the researchers, their research, and their findings, (iv) what, if any, case studies were considered as a part of this research, (v) what, if any, scenarios regarding the development of unconventional gas resources were developed as frameworks for the research, (vi) what economic, environmental and social impacts were identified by this research, (vii) what, if any, priority research areas were identified for further study as a result of this research, (viii) what, if any, departments were involved in this research, (ix) what, if any, action was undertaken to ensure inter-departmental cooperation throughout the research process, (x) what, if any, gaps or weaknesses in the regulatory framework did the research identify; (b) what, if any, research has the government undertaken regarding balancing shale gas' potential contribution to energy security with environmental risks; (c) what are the sources of greenhouse gas emissions associated with unconventional gas; (d) has the government developed a process to determine the overall carbon footprint of shale gas throughout the life cycle of natural gas use, if not, why not, and, if so, (i) what federal departments are involved in this process, (ii) how does the government ensure inter-departmental collaboration on this process, (iii) what is the p ...

a description of the investment strategy and objectives of the AIF, information on where any master AIF is established and where the underlying funds are established if the AIF is a fund of funds, a description of the types of assets in which the AIF may invest, the techniques it may employ and all associated risks, any applicable investment restrictions, the circumstances in which the AIF may use leverage, the types and sources of leverage permitted and the associated risks, any restrictions on the use of leverage and any collateral ...[+++]and asset reuse arrangements, and the maximum level of leverage which the AIFM are entitled to employ on behalf of the AIF;

The competent authorities shall assess the risks that the use of leverage by an AIFM with respect to the AIFs it manages could entail, and, where deemed necessary in order to ensure the stability and integrity of the financial system, the competent authorities of the home Member State of the AIFM, after having notified ESMA, the ESRB and the competent authorities of the relevant AIF, shall impose limits to the level of leverage that an AIFM are entitled to employ or other restrictions on the management of the AIF with respect to the A ...[+++]IFs under its management to limit the extent to which the use of leverage contributes to the build up of systemic risk in the financial system or risks of disorderly markets.