Traduction de «Fédération internationale des bourses de valeurs » (Français → Anglais) :

17. Believes that the transatlantic economic partnership must be developed and strengthened by enhancing regulatory coordination and lowering other hurdles to free capital flow, mutual direct investment and integration of the financial markets; stresses the importance of convergence of supervisory practices with regard to ongoing transatlantic consolidation of stock exchanges; highlights the importance of the implementation of Basel II by the US authorities, as well as of mutual recognition of IFRS (International Financial Reporting Standards) by the SEC;

25. Stresses the importance of converging supervisory practices with regard to transatlantic consolidation of stock exchanges; reiterates its request, therefore, for the enhancement of the Financial Markets Regulatory Dialogue via a bi-annual policy review of transatlantic financial services before and after every annual EU-US summit; urges the US-EU Summit to agree on the mutual recognition of accounting standards, based on reliable regulatory supervision; highlights the importance of US implementation of the Basel II Accord on Capital Requirements and of recognition, by the Securities and Exchange Commission, of ...[+++]International Financial Reporting Standards; reiterates with regret the need for EU reinsurers facing highly discriminatory State rules in the US to fully collateralise risks; calls therefore on the US-EU Summit to agree on further transatlantic mutual recognition and uniform solvency and reporting requirements; asks the Commission to ensure that transatlantic mergers and/or purchases of stock exchanges and other financial institutions will not, directly or indirectly, lead to US laws, regulations, or supervisory practices being unilaterally imposed within the EU;

25. Stresses the importance of converging supervisory practices with regard to transatlantic consolidation of stock exchanges; reiterates its request, therefore, for the enhancement of the Financial Markets Regulatory Dialogue via a bi-annual policy review of transatlantic financial services before and after every annual EU-US summit; urges the US-EU Summit to agree on the mutual recognition of accounting standards, based on reliable regulatory supervision; highlights the importance of US implementation of the Basel II Accord on Capital Requirements and of recognition, by the Securities and Exchange Commission, of ...[+++]International Financial Reporting Standards; reiterates with regret the need for EU reinsurers facing highly discriminatory State rules in the US to fully collateralise risks; calls therefore on the US-EU Summit to agree on further transatlantic mutual recognition and uniform solvency and reporting requirements; asks the Commission to ensure that transatlantic mergers and/or purchases of stock exchanges and other financial institutions will not, directly or indirectly, lead to US laws, regulations, or supervisory practices being unilaterally imposed within the EU;

FIBV: // Federation Européenne des Bourses de Valeurs/International Federation of Stock Exchanges (www.fibv.com)

Companies governed by the law of a Member State, whose securities are admitted to trading on a regulated market within the meaning of Article 1(13) of Council Directive 93/22/EEC of 10 May 1993 on investment services in the securities field, or whose securities are offered to the public in view of their admission to trading on a regulated market in accordance with the conditions established in Council Directive 80/390/EEC of 17 March 1980 co-ordinating the requirements for the drawing up, scrutiny and distribution of the listing particulars to be published for the admission of securities to official stock exchange listing, shall prepare their consolidated accounts over the financial year starting on or after 1 January 2005 in conformity ...[+++] with the international accounting standards adopted in accordance with the procedure laid down in this Regulation.

The IFBS has been registered as a company, with share holdings taken by the Russian State Finance Academy, the Russian Ministry of Finance, the European Bank for Reconstruction and Development (EBRD), the Centre for Professional Banking Training in Paris and a number of Russian banks, stock and commodity exchanges.