Examples of using To develop draft in English and their translations into Slovak
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ESMA will be able to develop draft technical standards for the Commission on a harmonised rating scale.
The relevant legislation should define those areas where theEuropean Supervisory Authorities are empowered to develop draft technical standards.
EBA should be mandated to develop draft implementing technical standards that are to accompany that report.
The relevant legislation should define thoseareas where the ESA are empowered to develop draft technical standards and how they should be adopted.
When, however, the Agency has to develop draft rules of a general nature to be implemented by national authorities, Member States should be involved in the process of decision.
(4) The relevant legislation should define thoseareas where the ESAs are empowered to develop draft technical standards and how such standards should be adopted.
EBA will be required to develop draft regulatory technical standards setting technical requirements on development, operation and maintenance of the electronic central register and on access to the information contained therein.
The relevant legislation should define thoseareas where the ESAs are empowered to develop draft technical standards and how such standards should be adopted.
Where sectorial legislation enables the ESAs to develop draft regulatory technical standards(RTS) these need to be subsequently endorsed by the Commission in order to give them legal effect in compliance with Articles 10 to 14 of the ESAs founding Regulations.
In order to equip Europe with a more harmonised set of financial rules, the Commission communication of May 2009 entitled"Europeanfinancial supervision"1 aimed at enabling authorities to develop draft technical standards and to facilitate the sharing of micro-prudential information.
Article 21(4a): this new paragraph empowers ESMA to develop draft technical standards, for endorsement by the Commission, on a harmonised rating scale to be used by CRAs.
The Communication also concluded that in order for the ESFS to work effectively, changes to the financial services legislation would be necessary, in particular to provide an appropriate scope to the more general powers provided for in the individual regulations establishing the Authorities,ensuring a more harmonised set of financial rules through the possibility to develop draft technical standards and facilitate the sharing, where necessary, of micro-prudential information.
As a body with highly specialised expertise,EBA should be mandated to develop draft regulatory technical standards which do not involve policy choices, for submission to the Commission.
The Communication also concluded that in order for the ESFS to work effectively, changes to the financial services legislation would be necessary, in particular to provide an appropriate scope to the more general powers provided for in the individual regulations establishing the Authorities,ensuring a more harmonised set of financial rules through the possibility to develop draft technical standards and facilitate the sharing, where necessary, of micro-prudential information.
A list of documents is set out in Article 18 andESMA is empowered to develop draft regulatory technical standards to complete the list with further types of documents required under Union law.
MiFIR mandates ESMA to develop draft RTS in order to specify the minimum requirements for systems, procedures and arrangements to ensure straight-through processing(STP), taking into account the need to ensure proper management of the operational or other risks.
Where risks are not adequately covered by a sub-module,EIOPA should be empowered to develop draft regulatory technical standards in relation to quantitative limits and asset eligibility criteria for the SCR on the basis of the standard formula.
In those areas where the Authorities are under an obligation to develop draft technical standards, those draft technical standards should be submitted to the Commission within three years of the creation of the Authorities.
(67) To facilitate the comparability of disclosures,EBA should be mandated to develop draft implementing technical standards establishing standardised disclosure templates covering all substantial disclosure requirements set out in Regulation(EU) No 575/2013.
One of the objectives of the Working Group is to develop a draft Protocol on sustainable transport and infrastructure.