Traduction de «Déclaration des opérations transfrontalières » (Français → Anglais) :

The impact assessment discusses the three main issues identified as problems in the Commission's report on Regulation 2560/2001 from February 2008. These are: the necessity of extending the scope of the Regulation to direct debits, balance-of-payments (BoP) statistical reporting requirements imposed on cross-border transactions and the absence of competent authorities and out-of-court redress bodies for Regulation-related issues, including consumer complaints.

The options related to BoP reporting are (4) maintain the existing threshold that exempts payment service providers from reporting on payment transactions below EUR 12 500; (5) create a voluntary Additional Optional Service (AOS) Community within SEPA that would allow the collection of statistical data from settlements to continue; (6) encourage voluntary adjustments by the Member States; and (7) address the BoP reporting problems through legislation, with three sub-options: (7a) raise the exemption threshold to EUR 50 000; (7b) abolish settlement-based BoP reporting obligations imposed on payment service providers; and (7c) raise t ...[+++]he exemption threshold to EUR 50 000 followed, in a second phase, by abolition of BoP reporting based on settlements by January 2012.

5. Stresses that any targeted measure to introduce cross-border loss relief should be defined and implemented on the basis of a multilateral, common approach and coordinated action by the Member States in order to guarantee the coherent development of the internal market; recalls that such targeted measures represent an intermediate solution pending the adoption of the CCCTB; considers that the CCCTB constitutes a comprehensive long-term solution for tax obstacles linked to the cross-border offsetting of losses and profits, as well as for transfer pricing and cross-border merger and acquisition and restructuring operations and will complete t ...[+++]he achievements of an internal market with fair competition;

G. whereas the existing clearing and settlement arrangements within the EU, although highly efficient where the processing of securities transactions at domestic level is concerned, cannot be combined to enable cross-border transactions to be processed efficiently at the post-trade stage; yet without efficient cross-border clearing and settlement arrangements, the advantages of an internal market in financial services cannot be exploited to the full,

Providing the necessary legal certainty to underpin cross-border securities trading.The mutual acceptance and enforceability of cross-border collateral is indispensable for the stability of the EU financial system and for an integrated securities settlement structure.

The potential duplication of conduct of business protection for cross-border transactions results in market access barriers which prevent counterparties from concluding beneficial cross-border deals and therefore fragments the market, damaging liquidity.