(European Insurance Organisation), EBF (European Banking Federation), ESBG (European Savings Banks Group), EACB (European Association of Co-operative Banks), EFAA (European Federation of Accountants and [...] (European Insurance Organisation), EBF (European Banking Federation), ESBG (European Savings Banks Group), EACB (European Association of Co-operative Banks), EFAA (European Federation of Accountants and Auditors) [...] 2013. 5.7. Glossary of Acronyms Basel Committee on Banking Supervision (BCBS): the international body comprised of central banks and banking supervisory authorities from certain key markets that
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Central Bank plays an important role in supplying commercial banks with liquidity also in the case of a crisis, it is reasonable that the CESR, CEBS und CEIOPS are to cooperate with the ECB’s Banking Supervision [...] common, cross-sector supervisory practices, and together with the Banking Supervision Com- mittee (BSC) of the European System of Central Banks cover cross-sector risks and vulnerabilities. (Art. 5) ► Pa [...] January 2009 establishing the Committees of European Securities Regulators (CESR), of the European Banking Supervisors (CEBS) and of the Euro- pean Insurance and Occupational Pensions Supervisors (CEIOPS);
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n of Securities Commissions, the Basel Committee on Banking Supervision, the International Association of Insurance Supervisors, the World Bank and the Financial Stability Forum. See for instance First [...] Regulators, the Committee of European Banking Supervisors and the Committee of European Insurance and Pension Supervisors: – In the case of the Committee of European Banking Supervisors (CEBS), CEBS Secretariat [...] EUROPEAN PARLIAMENT AND OF THE COUNCIL of […] establishing a Community programme to support specific activities in the field of financial services, financial reporting and auditing {SEC(2009) 54}
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and the European Central Bank, http://www.ecb.int/press/pr/date/2006/html/pr060504_1.en.html. EN 7 EN Payment service providers (PSPs), i.e. banks and non-bank PSPs, are able to benefit [...] necessary for authorisation and/or payment guarantee of a specific payment transaction — is a key element. As keepers of the bank account, banks have a ‘gateway function’ that effectively determines the [...] time-schedule/work plan with specific deliverables (‘milestones’) and specific target dates be considered? 6. GENERAL REMARKS Questions 32) This paper addresses specific aspects related to the functioning
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The acquirer pays the issuer – i.e. the bank of the cardholder – an inter-bank fee. - The inter-bank fee is normally not agreed upon bilaterally between banks but is fixed by the card scheme in the [...] conditions. – If a cardholder uses a card to pay a merchant, the merchant’s bank (“acquirer”) draws the amount from the bank of the cardholder (“issuer”), which then charges the account of the cardholder [...] including the account balances – of bank customers, given their consent, strengthens competition. Cons: Market regulation with regard to multilateral inter-bank fees (MIF), “No Discrimination Rules”
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company through occupational pension promises is losing ground: employers are less reliant on firm-specific skills due to technological advances and employees are increasingly preferring flexibility and [...] and availability of pension products. A related question is whether, reflecting developments in banking, insurance and investment, there is a need for promoting pension benefit guarantee systems in the [...] States generally are responsible for the design and organisation of their pension systems, some specific areas relating to pensions fall directly within the EU's competencies. Member States have also
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the work-life balance and opportunities to meet child care responsibilities. The gender-specific and age-specific dimensions of an integrated flexicurity approach also need to be addressed. Achieving [...] While welcoming the Green Paper as a contribution to a necessary debate, CEEP8 considered that the specific questions posed in the Green Paper might have been addressed through prior consultation of the [...] productivity. Many trade union responses from industrial groups, national confederations and sectoral-specific unions throughout the EU perceived the Green Paper as implicitly accepting that labour law might
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5.1.2. Name and address of the bank: 5.1.3. Number of the bank account: 5.2. Information on second bank account to be preserved: 5.2.1. Member State where the bank account is located: 5.2.2. Name [...] is enforced by serving it on the bank or banks holding the accounts targeted which are under an obligation to implement the order. The provisions for service on the bank of the proposed Regulation distinguish [...] Regulation (EC) No 1896/2006. EN 8 EN • Implementation by the bank and bank's declaration (Articles 26, 27) The bank is obliged to implement the order immediately by blocking an amount co
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national rules for the preservation of bank accounts ...........31 5.5. Option C1: Harmonisation of national rules for bank attachment, i.e. the preservation of bank accounts and for the transfer of funds [...] take the specific steps necessary under national law for the enforcement of the provisional measure. A provisional order preserving a debtor's bank account is enforced by serving it on the bank in accordance [...] companies having applied bank attachment; 61.828 companies obtained a bank attachment covering a total of € 1,236 bn. Total bad debt Debt recoverable from bank accounts Recoverable bad
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preservation order for bank accounts as well as rules for its implementation by the bank holding the account targeted. Option C: Harmonising national rules for the preservation of bank accounts. This option [...] regarding bank accounts and debtors' assets". Accordingly the Commission Action Plan Implementing the Stockholm Programme refers to an initiative for a "Regulation on the attachment of bank accounts" [...] funds from one bank account to another almost instantly, thereby making it easy for him to escape enforcement. A creditor, on the other hand, has little chance of blocking a debtor's bank accounts abroad
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