Примери за използване на Equivalence decisions на Английски и техните преводи на Български
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Recognition of non-EU financial frameworks(equivalence decisions).
Equivalence decisions for the purposes of the definition of OTC derivatives.
Whereas there is no single framework underpinning equivalence decisions;
Whereas equivalence decisions are based on the EU single rulebook and are taken on the basis of a technical assessment;
Calls for the introduction of transparent procedures governing the adoption,withdrawal or suspension of equivalence decisions;
The Commission has extended existing equivalence decisions in the field of Credit Rating Agencies for Hong-Kong, Japan, Mexico and the United States.
The Commission should monitor any significant changes to the regulatory andsupervisory framework of the third country and review the equivalence decisions where appropriate.
European Commission's Staff Working Document of 27 February 2017“EU equivalence decisions in financial services policy: an assessment“ SWD(2017) 102 final.
Equivalence decisions allow the Commission to recognise that the financial regulatory or supervisory regime of certain non-EU countries is equivalent to the corresponding EU framework.
Having regard to the Commission staff working document of 27 February 2017 entitled‘EU equivalence decisions in financial services policy: an assessment'(SWD(2017)0102).
Reiterates that, in most cases, equivalence decisions do not grant financial institutions established in third countries the right to provide financial services throughout the EU;
It should include transparency and appropriate consultation in the process of adoption,suspension and withdrawal of equivalence decisions, information exchange and consultation on regulatory initiatives“.
Believes that equivalence decisions should be made dependent on satisfactory third-country rules on fighting tax evasion, tax fraud, tax avoidance and money laundering;
Should no agreement be in place,the Commission will adopt temporary and conditional equivalence decisions in order to ensure that there will be no disruption in central clearing and in depositaries services.
Whereas equivalence decisions do not confer‘passporting rights' to financial institutions established in third countries as this concept is inextricably linked to the internal market with its common regulatory, supervisory, enforcement and judicial framework;
Should no agreement be in place,the Commission intends to adopt temporary and continued equivalence decisions, under existing equivalence regimes, in order to ensure that there will be no disruption in central clearing of derivatives and in depositaries services.
Commitments to preserving financial stability, market integrity, investor protection and fair competition, while respecting the parties' regulatory anddecision-making autonomy, and their ability to take equivalence decisions in their own interest.
It should include transparency and appropriate consultation in the process of adoption,suspension and withdrawal of equivalence decisions, information exchange and consultation on regulatory initiatives and other issues of mutual interest, at both political and technical levels.
Commitments by both parties to preserve financial stability, market integrity, investor protection and fair competition, while respecting the parties' regulatory anddecision-making autonomy, and their ability to take equivalence decisions in their own interest;
Notes that the Commission has the right to withdraw equivalence decisions, particularly in cases of third-country material regulatory divergence, and believes that Parliament should be consulted in an appropriate manner, in principle before such a withdrawal decision is taken;
The declaration goes on to explain that this cooperation should include“appropriate” consultation in the process of adoption,suspension and withdrawal of equivalence decisions, information exchange, regulatory initiatives as well as their issues of mutual interest.
The Commission should also be able to set conditions ensuring that ESMA is able to effectively exercise its responsibilities in relation to third-country CCPs recognised under this Regulation or in relation to monitoring of regulatory andsupervisory developments in third countries that are of relevance for adopted equivalence decisions.
ESMA shall monitor the regulatory and supervisory developments, and the enforcement practices andother relevant market developments in third countries for which equivalence decisions have been adopted by the Commission pursuant to paragraph 1 in order to verify whether the conditions on the basis of which those decisions have been taken are still fulfilled.
Commitments to preserving financial stability, market integrity, investor protection and fair competition, while respecting the regulatory and decision-making autonomy of the EU andthe UK(the“Parties”), and their ability to take equivalence decisions in their own interest.
ESMA shall be empowered to advise the Commission on equivalence decisions and monitor the regulatory and supervisory developments, the enforcement practices andother relevant market developments in third countries for which equivalence decisions have been adopted by the Commission pursuant to paragraph 1 in order to verify whether the conditions on the basis of which those decisions have been taken are still fulfilled.
The Parties are committed to preserving financial stability, market integrity, investor and consumer protection and fair competition, while respecting the Parties' regulatory anddecision-making autonomy, and their ability to take equivalence decisions in their own interest.
The Authority shall, on an ongoing basis, monitor regulatory and supervisory developments and enforcement practices andrelevant market developments in third countries for which equivalence decisions have been adopted by the Commission pursuant to the acts referred to in Article 1(2) in order to verify whether the criteria, on the basis of which those decisions have been taken and any conditions set out therein, are still fulfilled.
The parties are, however, committed to preserving financial stability, market integrity, investor and consumer protection and fair competition and will respect the other's regulatory anddecision-making autonomy and ability to take equivalence decisions in their own interest.
The Authority shall, on an ongoing basis, monitor regulatory and supervisory developments andenforcement practices and relevant market developments in third countries for which equivalence decisions have been adopted by the Commission pursuant to the acts referred to in Article 1(2) in order to verify whether the criteria, on the basis of which those decisions have been taken and any conditions set out therein, are still fulfilled.
The UK and the EU are committed to preserving financial stability, market integrity, investor and consumer protection and fair competition, while respecting each other's regulatory anddecision-making autonomy, and their ability to take equivalence decisions in their own interest.