events in the regulatory environment. The members of the MG are the BCBS, IAIS, IOSCO, the World Bank and the European Commission. The FSF and IFIAR are observers. 117 The PIOB also carries out the oversight [...] changes over the last few years, notably with the implementation of the Financial Services Action Plan, the setting-up of the Lamfalussy process for the regulation and supervision of the financial sector [...] for use in the evaluation are set out in the annexes. The proposed Community programme is intended to run until the end of the financial perspectives 2007-2013. Prior to the end of the financial
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payers. (p. 9) ► Tasks of the new EU authorities in ESFS The Commission proposes to assign the following tasks to the new EU authorities: – harmonisation of the supervision rules by developing binding technical [...] which are headed by the authority of the Member State where the institute concerned has its head office; representatives of the new EU authorities participate in the meetings of the colleges of supervisors [...] particular the work of the ESFS can improve supervision and strengthen the stability of financial markets, which is essential for the credit supply of the real economy. The attractiveness of the EU as a
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force, amend the tasks and decision-making rules of the Committees of the European Securities Regula- tors (CESR) and the European Banking Supervisors (CEBS), both established in 2001, and the Committee [...] potential risks for the stability of financial markets. The “De Larosière Report“, drawn up on behalf of the Commission at the end of February 2009, provides for a new definition of the tasks of CESR, CEBS [...] Adoption by the Commission Open Adoption by the European Parliament and the Council, publication in the Official Journal of the European Union and entry into force Options for Influencing the Political
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transactions. The SEPA Cards Framework has a rule on the basis of which the issuing PSP, in consultation with the consumer, can pre-select the brand to be used on a co-badged card at the point of sale [...] addition to addressing the obstacles mentioned above, particularly for the choice of the acquirer and the commercial rules. 4.4.1. Interoperability in the domain of m-payments The mobile payment market [...] project, set up and managed by the European banking industry through the EPC, with the strong support of the ECB and the Commission. The EPC plenary is responsible for managing the SEPA schemes and its frameworks
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individual, the employer and/or the state, depending on scheme rules. The pension level will depend on the performance of the chosen investment strategy and the level of contributions. The individual member [...] pensions. The crisis has shown the importance of the European approach to pension systems. It has demonstrated the interdependence of the various pension pillars within each Member State and the importance [...] public pensions, rules for occupational pension funds, portability and the protection of supplementary pension rights in the event of the insolvency of the employer, as well as rules for life assurance
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support in the course of the adjustment process. By supplementing the efforts of the public employment service, the agreements help improve the way the labour market functions, boosting the security [...] throughout the EU. This information supplements the comparative research project on the evolution of labour law in the EU-154 already undertaken under the auspices of the Commission. While the main bodies [...] by the presidents of the European Parliament, the Council and the Commission. Italy referred specifically to the Commission's decision of 13 March 2001, which undertook to make the Charter the basis
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bank and the defendant (Articles 24, 25) The provisions on the actual enforcement of the European order to be issued under the new procedure constitute the main novelty of the proposed Regulation. An account [...] (1) of the Charter. At the same time, the proposal ensures that the rights of the debtor are safeguarded in full compliance with the requirements of the right to a fair trial (Article 47 (2) of the Charter) [...] of the proposal: • the requirement to notify the debtor immediately after the order is implemented with all documents which the creditor submitted to the court; • the possibility of the debtor to
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jurisdiction on the merit of the claim (which could be the same court that issued the order), the court of the debtor's domicile, the court of the State of enforcement, the court of the creditor's domicile [...] to the court which is competent for deciding the case on the merits or to the court at the place of enforcement, e.g. where the account is located. The jurisdiction of the court competent on the merits [...] procedure. The court competent for the review would be the court issuing the order; however, certain "weaker parties" could contest the order at the court at the debtor's domicile. The new procedure
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particular the assumptions underlying the estimates of the economic effects of the measure have been clarified, (ii) the assessment of the baseline scenario has been expanded and the added value of the preferred [...] that the proposed schemes fully respect the rights and principles set out in the Charter of Fundamental Rights. The main provisions affected by the Commission initiative are the following: the right [...] enforcement of his debts. At the same time, the new procedure would ensure that the rights of the debtor are safeguarded in full compliance with the requirements of the Charter of Fundamental Rights,
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to ⌫ assess the effect of the measures adopted and ⌦ to ⌫ analyse the impact of the measures planned by the Commission. 3. The Commission shall monitor the use of the networks and the evolution of [...] Estonia, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Republic of Hungary, the Republic of Malta, the Republic of Poland, the Republic of Slovenia and the Slovak Republic [...] particular between the average price of the service to the passenger and the level of the levy. The total levies imposed pursuant to this paragraph shall not endanger the economic viability of the rail passenger
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