Traduction de «défaillance unique d'un élément actif » (Français → Anglais) :

Notwithstanding the prominent role given to the group resolution authority, the interests of the host resolution authorities will be sufficiently considered through: a) the establishment of arrangements for cooperation between resolution authorities through the creation of the colleges of resolution authorities; b) the recognition that the financial stability in all Member States where the group operates has to be considered when taking decisions relative to groups; c) the design of clear decision making process that allow for all authorities to convey their views whilst ensuring that a single decision is taken with regards to the resolution of a group; and d) t ...[+++]he establishment of mechanisms for the resolution of conflicts between resolution authorities (EBA mediation).

(Return tabled) Question No. 124 Hon. Judy Sgro: With regard to the Prime Minister’s undertaking to establish new mandatory reporting standards for Canadian extractive companies: (a) what steps has the government taken since the 39th G8 Summit to develop a comprehensive bill that would require Canadian companies to disclose any payments made to foreign governments; (b) what steps did the government take prior to the 39th G8 Summit to develop a comprehensive bill that would require Canadian companies to disclose any payments made to foreign governments; (c) does the Prime Minister’s commitment, as referred to in (a), apply exclusively to Canadian extractive corporations, (i) does it apply exclusively to Canadian corpora ...[+++]tions as regards extractive operations in foreign countries, (ii) what is the scope of said commitment; (d) has the government prepared or reviewed any draft bill that proposes to implement such reporting requirements as referred to in (a) and if so, to what extent has it consulted on this issue, (i) with whom, (ii) when; (e) has the government conducted or reviewed any studies regarding the effect of mandatory reporting requirements on increasing corporate accountability and combatting corruption; (f) has the government compiled or reviewed any other evidence regarding the effect of mandatory reporting requirements on increasing corporate accountability and combatting corruption; (g) has the Department of Justice been consulted with regard to the formulation of a comprehensive reporting regime that would apply to Canadian companies; (h) has the government consulted with the Department of Justice, or sought a legal opinion from any other source, as to the constitutionality of a mandatory disclosure regime as referred to in (a); (i) has the government expressed any position, either publically or internally, as to the constitutionality of such a mandatory disclosure regime as applied to Canadian companies; (j) has the government consulted with p ...

S. whereas while the systemic risk of an asset manager failing is not as pronounced as for critical market infrastructure, as asset managers’ business models evolve they could become more systemically important, a factor which has been addressed in FSB work on shadow banking;

S. whereas while the systemic risk of an asset manager failing is not as pronounced as for critical market infrastructure, as asset managers’ business models evolve they could become more systemically important, a factor which has been addressed in FSB work on shadow banking;

The remaining building blocks for a genuine Economic a Monetary Union will include not only the remaining pillars of the Banking Union (single rule book for financial institutions in the single market, strengthening deposit guarantee schemes, and establishing national resolution funds and legislation), but also an integrated budgetary framework (Fiscal Union), an integrated economic policy framework (Economic Union) and a strengthened democratic dimension (Political Union).

Allocation of assets must be prudent and decided in the light of the liabilities entered into by each fund and not in the light of a single set of quantitative rules ("prudent person rule".) The Council text confirms the prudent person rules as the main principle and introduces some general qualitative principles that explain what is meant by prudence in asset allocation.