Examples of using Supervisory framework in English and their translations into Czech
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Official
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Colloquial
In your priorities you discuss the importance of the supervisory framework.
Our regulatory and supervisory framework must remain robust and keep pace with market developments.
This directive is a move towards the new regulatory framework and supervisory framework of the financial markets.
A complete new supervisory framework must be set up at EU level, and we are pleased to see that some progress has been achieved.
Finally, we have to review the regulatory framework and the supervisory framework which are what have failed.
On the EU supervisory framework, we are working on a revision of the Commission's decisions establishing the three committees of supervisors.
Finally, I would like to say that it of course needs to be considered that the supervisory framework is not as good as it could be.
In particular, work on the new European supervisory framework needs to be concluded in time for the European Systemic Risk Board and the three European Supervisory Authorities to begin work in early 2011.
It is also evident that we need to restructure the European regulatory and supervisory framework in order to minimise the risk of future crises.
Both measures discussed today will significantly contribute to paving the way for the revision of the EU financial and supervisory framework.
However, I think that an appropriate internal and external supervisory framework, which we are also debating, is equally important.
In a few weeks' time the Commission will present its views on the road towards building a state-of-the-art supervisory framework in Europe.
I therefore want to stress again that the fact that the new supervisory framework will be established rapidly, and certainly by 1 January next year, is indeed sensible.
In recent years, the global economic and financial crisis has exposed major weaknesses in the global financial system's regulatory and supervisory framework.
Over the coming months, the Commission will formulate in a comprehensive manner how the current regulatory and supervisory framework should be further reformed to bring back stability and confidence.
Free movement of capital, Economic and Monetary Union, the growing complexity in the field of financial services andglobalisation demand that we go beyond a national supervisory framework.
New players may not always be regulated to the same extent as incumbents by current regulatory and supervisory frameworks, including from a consumer protection perspective.
This is an important step which we also think will contribute to improving the stability of the financial markets, andwhich will support the development of a much more effective supervisory framework.
In order to get to grips with this crisis andthe lessons that we must learn from it, we need a supervisory framework, and we have had one since 1 January, thanks to you in particular.
In conclusion, I would like to repeat that this is an important step, as many of you have stressed, which will help to improve the stability ofthe financial markets and which will support the development of a more effective supervisory framework.
It outlines measures for dealing with the serious deficiencies in the regulatory and supervisory framework for the world financial system revealed by the global economic and financial crisis of 2007-2009.
IT Mr President, ladies and gentlemen, the current economic andfinancial crisis has revealed serious shortcomings in the regulatory and supervisory framework of the global financial system.
We also believe that there are many improvements in the present regulatory and supervisory framework, the so-called'Lamfalussy Framework', and we support completely the Commission's work on that area.
The regulatory framework that we are establishing today should be able to improve the conditions in which these ratings are prepared,provided they are used in a supervisory framework for regulated activities.
Much has been achieved since 2008 with the reform of our regulatory and supervisory framework, but efforts need to be maintained to address the weaknesses of the financial system and prevent future crises.
In this regard, I support Amendment 2 tabled by the Greens group,which calls for substantial reinforcement of the European Regulatory and Supervisory Framework in order to maintain financial stability.
In fact, I regret that, in some cases, the level of ambition has been reduced by Member States, for instance,regarding the supervisory framework that is now being considered by you in Parliament, and we will come forward with some proposals- there is a complete list that I have presented today to Parliament- in the near future.
I would very much hope the EU would take a leading role in coalescing efforts to revamp the international financial system andto overhaul the regulatory and supervisory frameworks so that finance can genuinely serve the economy.
It is in this context that the European Securities and Markets Authority has been created, which, while not claiming to replace national supervisory agencies,will have an important part to play in the new European supervisory framework.
The market correction, in our view, has not provided any convincing evidence for an overhaul of the current supervisory framework, for instance through the setting-up of a new authority for EU supervision.