the competent authorities involved in the supervision of a group to consistently apply within a banking group the prudential requirements under the Directive .

Another core concept of this Directive is the definition of a group ( Article 2 ( 11 ) and ( 12 )) .

or a predominantly financial group with heterogeneous financial activities (' financial conglomerates ') , which are covered by this new Directive .

The Directive also requires financial conglomerates to have in place an adequate capital adequacy policy at group level .

consistently apply the prudential requirements under this Directive across all entities within a banking group .

It is a part of the legislative process , although with different prerogatives according to the procedures through which EU law is to be enacted .

The EMI and the future ECB will continue to co operate closely with the Commission ( EUROSTAT ) on all statistical matters of common interest .

of the Directive .

of the Directive ..

These definitions are essential to define the scope of application of the directive i.e. whether a particular group is a financial group with homogeneous financial activities , which on a group wide basis will continue to be covered by the existing sectoral directives referred to in section I of this memorandum

The 1991 Directive followed closely the recommendations of the Financial Action Task Force on Money Laundering ( FATF ) , the world standard in this area .

As these practical suggestions are technical in nature, they will be discussed with the Standing Working Party for the Mining and Other Extractive Industries with a view to assessing any need for technical adaptation of the Directive (Article 11 of Directive 92 104 EEC).

Add include directive

As regards risk concentration at the level of the group , the Directive does not provide for quantitative limits as in some of the sectoral legislation .

The proposed Investment Services Directive ( ISD ) 4 will only work effectively and be a success if this new set of regulatory transparency requirements are in place at the same time .

(Parliament adopted the legislative resolution)

Unknown directive

Draft Directive 1 9 .

Draft Directive 2 25 .

The 1991 Directive took particular account of the Forty Recommendations of the Financial Action Task Force on Money Laundering ( FATF ) , the international body leading the global effort in this field .

As this is an amendment of a directive, the only way forward is to adopt a directive.

Assessment of Directive s application

Assessment of the proposal for a directive

Doc. A3279 90) by Mr De Gucht, on behalf of the Committee on Economic and Monetary Affairs and Industrial Policy, on the proposal from the Commission to the Council (COM(90) 183 final Doc.

Group Unsubscribe From Group

Two expert groups on retail payments , respectively the Payment System Government Expert Group and the Payment System Market Group , discussed the review of the Electronic Money Directive between December 2007 and June 2008 .

Proposed instruments Directive .

I feel that we should reject this proposal.

The proposal for a new directive does not foresee this either.

Working Group on Accounting Issues ( until 14 April 1997 ) ( as of 15 April 1997 ) Working Group on Information Systems

A directive amending the current Directive is the most appropriate instrument .

Building leadership and management capacity

As this would entail substantial changes to Directive 2009 50 EC, that Directive should therefore be repealed and replaced by a new Directive.

Any references to the repealed Directive shall be construed as references to this Directive .

Working Group on Statistics

Group Expire Group

Group Reorganize Group

( ( 7 ) Recital 9 of the proposed directive .

Recommendation for the second reading (Doc.

Assessment of Directive 98 84 EC

ECB Opinion on amendments to the Banking Directive and the Capital Adequacy Directive

C. Senior Management Network

Subject Directive on phosphates

This is a proposal of a Directive for modifying a basic Directive providing for harmonisation of authorisation conditions in order to ensure effective freedom of establishment and free provision of services ( coordination directive ) .

As this directive will modify the Framework Directive on type approval, it would be preferable to indicate clearly that the reference is to the Framework Directive on type approval 70 156 EEC, as modified by Directive XXXX XX CE .