Übersetzung für "Aufsichtspraxis" in Englisch

Indeed, this has already been supervisory practice in several Member States.

The ECB shall publish on its website a guide to its supervisory practices.

Regulatory frameworks and supervisory practices have a bearing on structural developments.

Moreover, any financial regulation is only as good as its ultimate implementation in practice in the course of supervisory activities.

Harmonisation and convergence of European supervisory practice can best be promoted by establishing a uniform structure for all sectors.

As regards the part of the financial market which is already supranational and operates crossborder and often crosssector, one of our main messages is to create real convergence in the implementation of the European directives and real convergence of supervisory practice, thereby avoiding regulatory arbitrage and possible competition on other factors for establishment such as fiscal and cost aspects.

I would point out that this needs also to be transposed by the national parliaments and incorporated into supervisory practice.

The ECB recommends instead that the proposed directive specifies the areas in which the CEBS is requested to contribute to enhance convergence of supervisory practices .

In parallel, the European Banking Authority will continue to perform its existing tasks, namely developing the single rulebook for the entire single market and ensuring convergent supervisory practice throughout the EU.

Although European financial markets are fairly well integrated , further convergence and integration is necessary , particularly in the fields of retail markets , the financial infrastructure , supervisory practices and aspects related to the legal framework .

Such a national legal framework should be consistent with the guidelines concerning supervisory practices and cooperation between authorities that ESMA may issue under this Regulation.

The extent to which the FSAP will contribute to the creation of a truly European market for financial services and to increased European competitiveness now depends on the consistent and timely implementation of the FSAP measures at Member State level, convergence of national supervisory practices and rigorous enforcement.

It is appropriate to provide for implementing technical standards to facilitate the convergence of supervisory practices with regard to the implementation of a uniform approach to assess institutions' material non-compliance with the requirements by reason of negligence or omission, and to the application of the additional risk weights.

In order to facilitate the convergence of supervisory practices when applying additional risk weights, an appropriate formula should be defined.

In other areas of financial sector regulation, the European System of Financial Supervision also ensures a high degree of commonality and convergence in supervisory practices.

Furthermore, requirements for notification of incidents are part of normal supervisory practice in the financial sector and are often included in supervisory manuals.

One of those conditions is that an equivalence decision has been adopted recognising the legal framework and supervisory practices of the third country as equivalent.

Competent authorities of third countries whose legal framework and supervisory practices have been recognised as equivalent will have adequate knowledge of all relevant events and changes of circumstance likely to affect benchmark administrators in their jurisdiction.

To ensure consistency with the supervisory practices, the risk indicators should consist of current regulatory benchmarks already available or in the course of being established.

Where the relevant legislation provides for waivers that exempt institutions from setting some of the risk indicators at the institution's level, and provided, where applicable, that the competent authorities authorise the application of such waivers, the resolution authorities should assess the relevant indicators at consolidated level or sub-consolidated, as applicable, in order to be consistent with the supervisory practice and ensure that groups that make use of those waivers are not unduly penalized.

When adopting those acts, the Commission should take into account the market or technological developments and the international convergence of supervisory practice in relation to benchmarks, in particular the work of IOSCO.

Calculation of insurance liabilities (technical provisions) will be more harmonised, while fostering the convergence of supervisory practices.