Voorbeelden van het gebruik van Cross-border clearing in het Engels en hun vertalingen in het Nederlands
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Efficient cross-border clearing and settlement.
as should the security of cross-border clearing and settlement.
Cross-border clearing and settlement involves multiple legal jurisdictions,
The absence of a coherent approach across the EU on these issues seriously affects cross-border clearing and settlement efficiency and safety.
As a result, cross-border Clearing and Settlement in the EU is much more costly
The Giovannini group has identified several important barriers to efficient cross-border clearing and settlement which need to be addressed by public authorities.
The Commission also backed a self-regulatory initiative by the securities industry to develop a Code of Conduct that will allow for efficient cross-border clearing and settlement.
Despite this progress, barriers remain to efficient cross-border clearing and settlement- including some of those identified by the Giovannini Report52 more than a decade ago.
fiscal barriers should not hamper efficient, effective and safe cross-border clearing and settlement.
The Giovannini reports“Cross-border clearing and settlement arrangements in the European Union”1 of 2001 and“Second Report on EU Clearing and Settlement”2 of 2003 identified this
safe and cheap cross-border clearing and settlement industry.
Cost-effective and safe cross-border clearing and settlement of securities transactions in a competitive environment within the European Union would constitute a significant step towards the completion of the Internal Market for financial services
The Council agrees with the Commission that differing national regulatory regimes may be hindering the development of efficient and safe cross-border clearing and settlement systems in the EU.
Areas where progress should be sought include for example cross-border clearing and settlement transactions,
Increased integration will mean that different categories of institutions will likely be in competition in the provision of cross-border Clearing and Settlement services.
While each of these jurisdictions may adequately address issues arising in a domestic context, when providing cross-border clearing and settlement services there is a need to identify clearly the national law applicable to the contractual
supervision of a particular set of cross-border clearing and settlement activities.
have identified cross-border clearing and settlement, and in particular issues related to access
ICSDs in 3 the process of cross-border clearing and settlement affect the nature
A review of the report of the Giovannini Group entitled« Cross-border clearing and settlement arrangements in the European Union" 3, with a view to identifying
the European Commission can facilitate cross-border clearing and settlement, without necessarily having to resort to a hard law solution.
content of legislative actions to facilitate inter-connected and efficient cross-border clearing and settlement as a basis for discussion with authorities
current arrangements for cross-border clearing and settlement are complex
to the overall soundness and efficiency of cross-border clearing and settlement in the EU, they have not
settlement systems in the EU will require that all different options for cross-border clearing and settlement are available to markets,