Traduction de «regulatory and demonstration field » (Anglais → Français) :

Member States may limit the right of creating a new or altered public service contract if the regulatory body demonstrates the potential economic impact of such contracts on a service provided by an open access operator.

while stressing the need to increase worldwide access to financial services given their importance for growth and the economy, to exclude cross-border financial services from the EU’s commitments, including portfolio management, until there is convergence in financial regulation at the highest level, except in very limited and duly justified cases, such as those reinsurance services provided in a business-to-business context; to consider, in particular, that clear and sound rules and procedures for authorising companies established in third countries to provide such services in the EU and, where appropriate, the explicit recognition by the EU that these companies’ country of origin have an enforceable ...[+++]regulatory and supervisory framework equivalent to the EU’s are indispensable to ensure that no unsupervised entity is able to act in the Union and that a level-playing field between European and foreign companies, irrespective of their jurisdiction of establishment, is achieved; to take immediate action, in parallel to TiSA, to narrow the gap between the different ways in which countries currently recognise the equivalence of regulatory and supervisory regimes of other jurisdictions, which is currently causing fragmentation of global financial services markets, by achieving a common understanding that an equivalence decision should be the result of a transparent assessment of whether each jurisdiction’s rules achieve the same objectives and understanding that, though such a decision should follow early and frequent bilateral dialogues, it can be unilateral when mutual recognition is not possible;

To ensure a regulatory level playing field with other modes (e.g. rail), the compensation scheme in case of a delay should apply starting from one hour delay, not only two hours' delay.

Should a national regulatory authority demonstrate that wholesale interventions have been unsuccessful, the relevant retail market may be susceptible to ex ante regulation provided that the three criteria set out above are met.

2. The Committee on Petitions, while firmly convinced that ‘enlargement will succeed’, is afraid that there might be negative repercussions for the whole institution of the petition unless flanking measures are taken in the constitutional, regulatory and administrative fields following the enlargement of the Union.

These inherent shortcomings of the standards demonstrate that although standard setting may provide some level of common framework for securities clearing and settlement, they may not replace a proper legislative framework. The Commission considers therefore that, as is the case with the introduction of comprehensive rights of access and choice, reliance on voluntary action by the national legislators or regulators to provide a common regulatory/supervisory framework, will provide less legal certainty and may not guarantee a level regulator ...[+++]y playing field for a long period of time.