Translation of "Placement avec effet intérieur " (French → English) :

This Regulation lays down uniform requirements for those managers of collective investment undertakings who wish to use the designation "European Venture Capital Fund" and the conditions for the marketing of collective investment undertakings under this designation in the Union, thereby contributing to the smooth functioning of the internal market.

This Regulation lays down uniform requirements for those managers of collective investment undertakings who wish to use the designation "European Social Entrepreneurship Fund" (EuSEF) and the conditions for the marketing of collective investment undertakings under this designation in the Union, thereby contributing to the smooth functioning of the internal market.

12. Urges the European G7 participants to put the problem of highly leveraged financial speculation, especially on food and commodity markets, on the agenda of the next G7 summit; regards the regulatory responses of the US financial supervision authorities to the subprime loans crisis as insufficient to restore confidence in financial markets; warns against the persistent danger coming from uncontrolled hedge and private equity funds for the world economy, national economies and individual companies, and asks for decisive action to curb their business; recalls that two thirds of hedge and private equity funds are based in off-shore centres and therefore demands that any solution must contain strong measures against tax ...[+++]havens;

4. Calls for a harmonised framework for private placement at EU-level in order to enhance internal market integration based on a thorough impact assessment; underlines that such a regime must provide for the necessary legal certainty for its players but should not over-regulate and hence over-burden private placement activities between sophisticated and well-informed players by means of requirements that are overly detailed or prescriptive; reiterates that national gold plating should not be possible;

Since the objectives of this Regulation, namely the containment and reporting of certain fluorinated greenhouse gases and the control of use and placing on the market of products and equipment containing certain fluorinated greenhouse gases, in order to protect the environment and to preserve the internal market, cannot be sufficiently achieved by the Member States and can therefore by reason of the scale and effects of this Regulation be better achieved at Community level, the Community may adopt measures, in accordance with the prin ...[+++]ciple of subsidiarity as set out in Article 5 of the Treaty.

The issue of concern to us, however technical it is, is of extraordinary political and social importance because it is widely known that undertakings for collective investment in transferable securities (UCITS), including pension funds, are currently the preferred form of saving for the majority of European citizens.