But the degree to which the authorities will be able to push for more competition in banking will depend crucially on the regulatory framework. Let us fix and strengthen that framework, while bearing in mind that a simple mandate to maximize competitive pressure in banking is no more possible, or desirable, than one that would aim at eliminating instability completely.

Monitoring of French arms exports falls within a strict legislative and regulatory framework.

The securities regulatory agency under the State Council can suggest the banking regulatory agencies of the State Council to give penalties to the person in charge and any other person directly responsible according to laws.

Expansion and effective development of the private sector by improving the existing legal, judicial and regulatory framework.

The regulatory framework and practice with respect to the use of ERAs in public procurement comparative study

(v) Creating a legal and regulatory framework with a view to promoting sustained economic growth and sustainable development

A good regulatory framework, including enforcement measures, needs to be established in order to develop a capital market.

There are several key areas where the legal and regulatory framework could have a strong impact on the business environment.

An integrated, transparent, adaptive and enforceable regulatory framework is essential for fisheries and oceans sustainability and that of its industries.

Even here, the national legal and regulatory framework would need to provide mechanisms for cross jurisdictional cooperation and dispute resolution.

This also requires the right regulatory framework to ensure that the private sector contributes responsibly to a decent work agenda.

Structural factors included the governance and political stability within the country, the regulatory framework, the legal framework with respect to transparency, and clear enforcement of property rights and contract law.

Many developing countries do not as yet have an optimal regulatory and institutional framework in place in respect of infrastructural services.

Obviously, we work with exchange actors, and as we're developing the exchange market itself, we're also developing the regulatory infrastructure and legal framework, the overarching legal framework for making this market work.

But, if the past is any guide to the future, we should be aware of the limits of regulation. The UK s ICB has rightly stated that there is room to improve both competition and stability, given the current weak regulatory framework, but it would be imprudent to strive for the complete elimination of market power in banking.

Implementing the IPR recommendations could improve Benin's capacity to attract FDI and benefit from FDI by reforming the regulatory and institutional investment framework.

Nevertheless, three key areas are identified below in which the legal and regulatory framework could have a strong impact on the business environment.

Further development of the regulatory framework remains important for the growth and efficient functioning of retail trade in the area of e commerce.

And the regulatory boundary problem persists risky activities may migrate to areas where regulation is lax and reproduce the problems with the shadow banking system that we have witnessed during the crisis. As a result, investment banking operations might need to be rescued if they pose a systemic threat.

Other terms include parallel banking, underground banking and ethnic banking.

We particularly support strengthening regional fisheries management organizations in order to establish a comprehensive, stable and predictable regulatory framework based on each regional ecosystem.

To the extent that such binding instruments of international organizations constitute international law, they expand and complement the existing regulatory framework at the national level.

The shadow banking system is estimated at roughly 25 30 of the global financial system ( 250 trillion, excluding derivatives) and at half of total global banking assets. This represents a huge regulatory black hole at the center of the global financial system, hitherto not closely monitored for monetary and financial stability purposes.

The list of the designated commercial banks shall be determined and publicly announced by the securities regulatory agency under the State Council jointly with the banking supervision and management organs of the State Council.

Credit histories cannot be shared, because a credit bureau is just getting started. Moreover, an appropriate consumer protection code and a nationwide regulatory framework are still lacking.

The right to regulate is of particular importance for developing countries, as many of them do not yet have an optimal regulatory and institutional framework in place.

E tourism strategies should be integrated within the broader framework of national ICT policies addressing ICT access and liberalization of telecommunication infrastructure, capacity building, the adaptation of the legal and regulatory framework, and trust building issues related to online transactions.

The World Bank has also funded studies to review the telecommunications sector and recommend sector development strategies, develop the legal and regulatory framework and establish an independent regulator.

The Team has also learned that the Monetary Authority of Singapore has made changes to its regulatory policies in order to promote the use of the formal banking sector for money transfers from Singapore to other countries.

The global economy s most powerful growth engine does not need simply more market. It needs a stronger regulatory framework to ensure that its markets maximize efficiency and social welfare.

(c) Assist integration of developing countries into the global production system, including the facilitation of cross border flows of investment and technology and improvement of their IPR regulatory framework.

Furthermore, it was important to consider the framework of corporate accountability and to examine the relationship between voluntary and regulatory approaches so as to ascertain the complementarities between them.

The characteristics of the regulated industry are also an important factor in the choice of regulatory framework, such that more than one approach may be employed within a country.

Banking

EC (2002b). Report of the High Level Group of Company Law Experts on a Modern Regulatory Framework for Company Law in Europe, (a.k.a. The Winter Group Report ). European Commission. November.

Traditional banking is subject to intense oversight, and regulations have only become more onerous in recent years, as regulatory authorities reacted to the 2008 global financial crisis by tightening rules on leveraging ratios and know your customer requirements. Many upstarts in the sector have carved out a competitive advantage by avoiding thresholds beyond which they would face substantial regulatory scrutiny and requirements.

Regulatory issues

Regulatory action

When banking is no longer so respectable, we lose interest in banking.

It brings rudimentary banking services to places where there's no banking infrastructure.

Where any designated commercial bank has any of the above acts and is under any serious circumstances, its businesses of trading, clearing and capital management shall be ordered to be suspended or terminated by banking regulatory agencies of the State Council.

The reporter learned from the competent department that the private bank preparation scheme of Shandong Province obtained approval of the China Banking Regulatory Commission (CBRC) in principle, while Lanhai Bank is expected to become the first private bank in Shandong Province.

It is time to heed the fundamental laws of economics and put a stop to the imprudence that those charged with fighting the crisis have been allowed to get away with. Europe needs no banking union beyond a common regulatory system.

They recognize that policy and regulation in member economies may have objectives other than promoting competition and that exemptions from and exceptions to a competition driven regulatory framework may be necessary.

Others have been developed by civil society organizations, even though they do not have the official status of microfinance institutions, but this is becoming increasingly difficult given the current regulatory framework.