Translation of "joint cpss-iosco working group " (English → French) :

20. Supports the adoption at the EU-US Economic Ministerial Meeting of the joint EU-US Work Programme for the implementation of the Economic Declaration, which contains concrete activities in eleven areas to move forward transatlantic economic integration; calls, however, on both partners to engage in genuine implementation and deepening of this joint Work Programme with a greater and more ambitious sense of direction, long- term strategic objectives and a detailed timetable for the implementation of joint actions and projects that takes into account the specific role of independent regulatory agencies; notes in this respect that stake ...[+++]holders from the already established transatlantic dialogues, including consumer groups, unions and environmental groups, should be more actively involved in the process of monitoring and reviewing the Economic Initiative and Work Programme;

20. Supports the adoption at the EU-US Economic Ministerial Meeting of the joint EU-US Work Programme for the implementation of the Economic Declaration, which contains concrete activities in eleven areas to move forward transatlantic economic integration; calls, however, on both partners to engage in genuine implementation and deepening of this joint Work Programme with a greater and more ambitious sense of direction, long- term strategic objectives and a detailed timetable for the implementation of joint actions and projects that takes into account the specific role of independent regulatory agencies; notes in this respect that stake ...[+++]holders from the already established transatlantic dialogues, including consumer groups, unions and environmental groups, should be more actively involved in the process of monitoring and reviewing the Economic Initiative and Work Programme;

18. Supports the adoption at the EU-US Economic Ministerial of the joint EU-US Work Programme for the implementation of the Economic Declaration, which contains concrete activities in 11 areas to move forward the transatlantic economic integration; calls, however, upon both partners to engage in genuine implementation and deepening of this joint Work Programme with a greater and more ambitious sense of direction, long term strategic objectives and a detailed timetable for the implementation of joint actions and projects that takes into account the specific role of independent regulatory agencies; notes in this respect that stakeholders ...[+++] from the already established transatlantic dialogues, including consumer groups, unions and environmental groups, should be more actively involved in the process of monitoring and review of the Economic Initiative and Work Programme;

Functional approach: In line with the work undertaken recently by the CPSS-IOSCO and the ESCB/CESR working groups, the Commission considers that the Directive should be based on the functional approach. This will ensure consistency of action and avoidance of regulatory conflicts.

Their work is based on an adaptation of the CPSS-IOSCO [7] Recommendations [8] to the European context.

While the three official bilateral Joint Commissions and related Working Groups will continue to steer the implementation of existing bilateral agreements, informal bilateral Senior Officials Meetings, with their related Working Groups, will be refocused on the negotiation and implementation of the new bilateral agreements, with SOM's transformed into Joint Commissions, once the agreements are concluded.