Examples of using Implementing financial in English and their translations into Bulgarian
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Colloquial
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Official
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Medicine
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Ecclesiastic
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Ecclesiastic
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Computer
Criteria for the selection of bodies implementing financial instruments.
The bodies implementing financial instruments complied with paragraph 1 of this Article in relation to the programme contributions affected by the irregularity;
Criteria for the selection of bodies implementing financial instruments.
Beneficiaries and bodies implementing financial instruments shall acknowledge support from the Funds, including resources reused in accordance with Article 56, to the operation by.
Guidance for Member States on the selection of bodies implementing financial instruments.
The bodies implementing financial instrument shall reimburse to Member States programme contributions affected by irregularities, together with interest and any other gains generated by those contributions.
In addition, the Commission started to elaborate a draft guidance note on selection of bodies implementing financial instruments.
The bodies implementing financial instruments shall be liable for reimbursement of the programme contributions affected by irregularities, together with interest and any other gains generated by these contributions.
The Commission will continue to exercise its supervisory role,in particular by implementing financial corrections and recoveries at a level that corresponds to the level of irregularities and deficiencies identified.
The bodies implementing financial instrument shall reimburse to Member States programme contributions affected by irregularities, together with interest and any other gains generated by those contributions.
(c)the amounts affected by the irregularity could not be recovered notwithstanding that the bodies implementing financial instruments pursued all applicable contractual and legal measures with due diligence.
The bodies implementing financial instruments shall be liable for reimbursement of the programme contributions affected by irregularities, together with interest and any other gains generated by these contributions.
Reply of the Commission 120 Moreover, the Commission notes that Article 140(4) of the financial regulation and Article 38(4)2nd paragraph CPR specifies that the bodies implementing financial instruments should be compliant with the applicable law, including money laundering, fight against terrorism and tax fraud.
The audit authorities, for the purpose of the closure declaration, will have to obtain and provide assurance on the legality andregularity not only of the OP contribution paid into funds implementing financial instruments but also of the use of the OP contribution through underlying transactions implemented by the final recipients.
The bodies implementing financial instruments shall not reimburse to Member States the amounts referred to in the first subparagraph provided that those bodies demonstrate for a given irregularity that the following cumulative conditions are fulfilled.
Management cost and fees as referred to in paragraphs(1)(d) and(2)may be charged by the body implementing the fund of funds or bodies implementing financial instruments pursuant to Articles 33(4)(a) and(b) and shall not exceed the thresholds defined in the delegated act referred to in this paragraph.
Nevertheless the bodies implementing financial instruments shall not be liable for reimbursement of the amounts referred to in the first subparagraph provided that they demonstrate for a given irregularity that the following cumulative conditions are fulfilled.
Where management cost and fees as referred to in point(d) of the first subparagraph of paragraph 1 andin paragraph 2 of this Article are charged by the body implementing the fund of funds or bodies implementing financial instruments pursuant to points(a) and(b) of Article 38(4), they shall not exceed the thresholds◄ defined in the delegated act referred to in paragraph 6 of this Article.
The bodies implementing financial instruments cannot be established and cannot maintain business relations with entities incorporated in territories, whose jurisdictions do not cooperate with the Union in relation to the application of internationally agreed tax standards.
In accordance with the provisions in Article 7 of Commission Delegated Regulation(EU) 480/2014 andthe Guidance for Member States on the selection of bodies implementing financial instruments(2016/C 276/01), the FMFIB selects the financial intermediaries(firms, FFs) on the basis of an evaluation of their legal, financial, economic and organisational capacity to manage financial instruments(FIs).
Where the selection of bodies implementing financial instruments is made through a competitive tender in accordance with the applicable law and the competitive tender establishes the need for a higher level of management costs and fees which shall be performance-based.
The guidance note on ex ante assessment adopted in May 2014 explains the conditions to contribute programme resources 2014-2020 to an existing financial instrument, andthe draft guidance note on selection of bodies implementing financial instruments started to be elaborated by the Commission is envisaged to include a section which explains the conditions applicable to contract modifications.
The Commission will continue to exercise its supervisory role by implementing financial corrections and recoveries at the level that corresponds to the level of irregularities and deficiencies identified throughout the whole period and even after the closure of the programmes.
This threshold shall not apply where the selection of bodies implementing financial instruments is made through a competitive tender in accordance with the applicable law and the competitive tender establishes the need for higher level of management costs and fees.
In addition, the Commission started to elaborate a draft guidance note on selection of bodies implementing financial instruments which is envisaged to include a section which explains the conditions applicable to contract modifications(e.g. extension of implementation period or increase of amounts of OP contribution to the financial instruments existing under the 2007-2013 period).
Given the protracted low-interest environment and in order not to unduly penalise bodies implementing financial instruments, it is necessary, subject to active treasury management, to enable financing of negative interest generated as a result of investments of the ESI Funds pursuant to Article 43 of Regulation(EU) No 1303/2013 from resources paid back into the financial instrument.
The computational finance program produces quantitative analysts who design and implement financial models used by banks and investment companies to generate profits and reduce risk.
Quantitative analysts, known as“financial engineers” or“quants” design and implement financial models used by banks and investment companies to generate profits and reduce risk.
In addition, the Commission should encourage all Member States that implemented financial instruments to carry out specific audits on the implementation of these instruments in view of the closure(target implementation date: immediately). of the European Union 13.10.2016 THE COMMISSION'S REPLIES The Commission accepts this recommendation.