Translation of "balance and segregation duties " (English → French) :

In particular, the Commission should be empowered to adopt delegated acts to specify the particulars that need to be included in the standard agreement between the depositary and the management company or the investment company, the conditions for performing depositary functions, including the type of financial instruments that should be included in the scope of the depositary’s custody duties, the conditions subject to which the depositary may exercise its custody duties over financial instruments registered with a central depository and the conditions subject to which the depositary should safekeep the financial instruments issued in a ...[+++] nominative form and registered with an issuer or a registrar, the due diligence duties of depositaries, the segregation obligation, the conditions subject to and circumstances in which financial instruments held in custody should be considered to be lost, and what is to be understood by external events beyond reasonable control, the consequences of which would have been unavoidable despite all reasonable efforts to the contrary.

Delegated acts should also be adopted to specify the conditions subject to which the delegation of AIFM functions should be approved and the conditions subject to which the AIFM has delegated its functions to the extent that it becomes a letter-box entity and can no longer be considered to be the manager of the AIF; as regards depositaries, to specify the criteria for assessing that the prudential regulation and supervision of third countries where the depositaries are established have the same effect as Union law and are effectively enforced, the particulars that need to be included in the standard agreement, the conditions for performing the depositary functions, including the type of financial instruments that should be included in the ...[+++]scope of the depositary’s custody duties, the conditions subject to which the depositary may exercise its custody duties over financial instruments registered with a central depositary and the conditions subject to which the depositary should safekeep the financial instruments issued in a nominative form and registered with an issuer or a registrar, the due diligence duties of depositaries, the segregation obligation, the conditions subject to and circumstances in which financial instruments held in custody should be considered as lost, what is to be understood by external events beyond reasonable control, the consequences of which would have been unavoidable despite all reasonable efforts to the contrary, and the conditions subject to and circumstances in which there is an objective reason to contract a discharge of liability.

The part we intend to play on this side of the house, honourable senators, will focus on striking a balance between our duty to oppose the government, propose amendments and suggest alternatives, and the governing party's duty to govern.

It is important to state that the CBC fully supports the principles of Bill C-25, which it understands to be: recognition of the essential importance of public institutions to Canadian parliamentary democracies; the importance of public confidence in the integrity of those who serve the public; the enhancement of confidence in public institutions engendered by the establishment of effective procedures to protect individuals who bring true wrongdoing within the public service to the attention of a third party; and the recognition of an appropriate balance between the duty of loyalty to an emplo ...[+++]yer and an employee's right to freedom of expression.

promotion, during the various stages of the implementation of the operational programme, of gender balance in the fisheries sector through operations aiming, in particular, at reducing gender based segregation in the labour market.

When I first considered the motion I was struck by the need for the House to maintain the important balance between the duty to be accountable to the Canadian people and the duty to ensure our national security.