This should contribute to the establishment of a common regulatory framework for market players which may also be quickly adjusted if needed .

Fourth , the new regulatory framework on trade execution .

The notion of a regulatory framework is opposed to one of intervention , interference or meddling .

One particularly important regulatory framework is the one which concerns social policy .

As things stand, reinsurance undertakings are not subject to any uniform EU legal framework.

Finally , the third article examines how the regulatory framework for corporate governance has evolved over recent years .

it gives advice on the legislative and regulatory framework for the financial system and direct rule making

(v) Creating a legal and regulatory framework with a view to promoting sustained economic growth and sustainable development

Financial inclusion, supported by a strong regulatory framework, encourages responsible lending and promotes innovation.

At EU level, there is a limited and imperfect regulatory framework that essentially focuses on e signatures.

It includes , for example , measures to further open EU markets and to simplify the regulatory framework within which business operates .

Accordingly , the ECB and the Eurosystem provide advice on , and contribute to , the development of the EU regulatory and supervisory framework .

In its opinion on this proposed new directive , the ECB welcomed the principles underlying the revised regulatory framework .

Assessment of ways to streamline existing legislation on industrial emissions in the context of Better Regulation

The dog then must have pushed a switch and turned on the hotplate.

Prudential regulation is based on a largely harmonised EU wide regulatory framework , for which the European Commission is mainly responsible .

These differences lead to important prudential deficiencies in the regulatory framework that is designed to ensure financial stability , and competitive distortions in otherwise highly competitive markets .

At EU level, the Commission continues improving the quality of legislation and the regulatory environment to make it fitter, more stable and predictable.

The review emphasised that the Lamfalussy framework has fostered significant progress in terms of the efficiency and transparency of the EU legislative process and in achieving a more consistent regulatory and supervisory framework .

The Deutsche Mark, already widely used in the region, now functions as the de facto common currency.

The future Eurosystem NCB shall not impose such penalties if the future participating Member State in question has established a regulatory framework providing for an equivalent level of protection .

In recent years , the ECB and the Eurosystem have provided important contributions regarding the enhancement of the EU regulatory framework for financial services .

Common country assessment and United Nations Development Assistance Framework

Member States shall, within the framework of a joint programme, encourage the exchange of young workers.

The future Eurosystem NCB shall not impose such penalties if the future participating Member State in question has established a regulatory framework providing for an equivalent level of protection .

The ECB supports the intention to provide a harmonised regulatory and supervisory framework for the activities of alternative investment fund managers ( AIFMs ) in the European Union .

Successful adoption and implementation of all these initiatives , including the present one , represent an indispensable contribution to the overall regulatory framework for securities markets .

As well as obviously being a particularly effective strategy for large companies, while at the same time hindering access for small companies to the regulatory protection framework,

The common framework is applied individually to the two Member States under review .

Secondly, I agree srrongly with what Mr Habsburg has said.

The ECB would also recall the conclusions of the Committee of Wise Men on the need to devise a Community regulatory framework that is flexible and swiftly adaptable to changing needs .

As the possible impact on the market and the regulatory framework are not totally clear yet, a full assessment of the current and future situation should be made.

The public sector should provide a legal , regulatory , supervisory and fiscal framework that fosters the equal treatment of , and equal access for , market participants across the EU . ECB Monthly Bulletin 10th Anniversary of the ECB Financial integration is market led process ...

A. Common country assessment United Nations Development Assistance Framework

The Eurosystem has also provided regular advice and input to the development of the legal , regulatory and supervisory framework for financial services , especially at EU level .

aspects of international trade ( fair competition ) and market access through the regulatory environment (WTO, export control, licensing, allocations of frequencies and orbital slots within the ITU)

European laws shall establish the measures defining the framework for implementing the common commercial policy.

As the partnerships develop, within the common ENP framework, the policy s operation is becoming increasingly differentiated.

In this respect , the ECB would like to draw attention to the fact that operational risk is gaining increasing recognition in the regulatory framework , given its potentially damaging effects to an institution 's stability .

This nine month programme , involving the ECB and 17 national central banks of the ESCB and covering six fields of activity , will aim to enhance the regulatory and operational framework of the National Bank of Serbia towards the ESCB benchmark .

To ensure that the stability of integrated European financial markets will be well protected , a common legal framework is needed to address these issues .

As well as setting standards and adopting harmonisation measures, the EU must encourage a transnational framework for pooling efforts.

This wide scope of membership reflects the fact that the national responsibilities for financial stability and supervision are fulfilled in accordance with the harmonised regulatory framework and the Single Market of the European Union .

The ECB urges the Commission of the European Communities to continue the dialogue with its international partners , in particular the United States , to ensure a globally coherent regulatory and supervisory framework .

Associating national regulators does not necessarily mean creating a European regulator.