Traduction de «obligation subordonnée obligation de rang postérieur » (Français → Anglais) :

The most advanced proposal is the “Blue Bond” which the Commission took up in option 2 of the Green Paper: it consists of dividing each public national debt between a “blue” debt, below 60% of GDP (senior) and a “red” debt above 60% (junior); the blue debt is matched with a joint and several liability; the red debt remains national.

Through the use of an EIB facility, supported by an EU contribution, as subordinated debt or guarantee, the credit rating of private senior debt (bonds) of infrastructure projects would be enhanced, to the target rating of A-, a sufficient level to enhance the bonds' attractiveness to capital markets.

"[...] The 10% limit for senior units issued by French Fonds Communs de Créances or by equivalent securitisation entities as specified in points (d) and (e) does not apply, provided that: (i) the securitised residential or commercial real estate exposures were originated by a member of the same consolidated group of which the issuer of the covered bonds is also a member or by an entity affiliated to the same central body to which the issuer of the covered bonds is also affiliated (that common group membership or affiliation to be determined at the time the senior units are made collateral for covered bonds; and (ii) a member of the same ...[+++]consolidated group of which the issuer of the covered bonds is also a member or an entity affiliated to the same central body to which the issuer of the covered bonds is also affiliated retains the whole first loss tranche supporting those senior units".

principles for environmental risk assessment (see below); mandatory post-market monitoring requirements, including on long-term effects associated with the interaction with other GMOs and the environment; mandatory information to the public; a requirement for Member States to ensure labelling and traceability at all stages of the placing on the market, a Community system for which is provided for by Regulation 1830/2003 on traceability (see below); information to allow the identification and detection of GMOs to facilitate post-market inspection and control; first approvals for the release of GMOs to be limited to a maximum of ten years; the consultation of the Scientific Committee(s)/European Food Safety Authority (EFSA) to be obliga ...[+++]tory; an obligation to inform the European Parliament on decisions to authorise the release of GMOs and the possibility for the Council of Ministers to adopt or reject a Commission proposal for authorisation of a GMO by qualified majority.

1. The parties may agree, by an agreement entered into after their dispute arose, to submit non-contractual obligations other than the obligations to which Article 8 applies to the law of their choice.

principles for environmental risk assessment (see below); mandatory post-market monitoring requirements, including on long-term effects associated with the interaction with other GMOs and the environment; mandatory information to the public; a requirement for Member States to ensure labelling and traceability at all stages of the placing on the market, a Community system for which is provided for by Regulation 1830/2003 on traceability (see below); information to allow the identification and detection of GMOs to facilitate post-market inspection and control; first approvals for the release of GMOs to be limited to a maximum of ten years; the consultation of the Scientific Committee(s)/European Food Safety Authority (EFSA) to be obliga ...[+++]tory; an obligation to consult the European Parliament on decisions to authorise the release of GMOs and the possibility for the Council of Ministers to adopt or reject a Commission proposal for authorisation of a GMO by qualified majority.