Translation of "Risque lié à la non-concordance " (French → English) :

The financial contribution referred to in points (a) and (b) of the first subparagraph of this paragraph shall contribute to junior and/or mezzanine tranches of portfolios mentioned therein provided that the relevant financial intermediary retains a sufficient part of the risk of the portfolios at least equal to the risk retention requirement set out in Directive 2013/36/EU of the European Parliament and of the Council and in Regulation (EU) No 575/2013 to ensure adequate alignment of interest.

The financial contribution referred to in points (a) and (b) of the first subparagraph of this paragraph shall contribute to junior and/or mezzanine tranches of portfolios mentioned therein provided that the relevant financial intermediary retains a sufficient part of the risk of the portfolios at least equal to the risk retention requirement set out in Directive 2013/36/EU of the European Parliament and of the Council and in Regulation (EU) No 575/2013 to ensure adequate alignment of interest.

(Return tabled) Question No. 152 Ms. Kirsty Duncan: With respect to the development of unconventional gas resources, including shale, tight and coal bed methane, and its possible impacts on the environment: (a) what, if any, research has the government undertaken regarding the development of unconventional gas resources, (i) what was the scope of this research in the areas of, but not limited to, air quality, aquatic and terrestrial ecosystem impacts, economic impacts, occupational risks, public safety concerns, and seismic risks, (ii) what, if any, resources did the government provide for this research, (iii) what, if any, process was e ...[+++]stablished to ensure the independence of the researchers, their research, and their findings, (iv) what, if any, case studies were considered as a part of this research, (v) what, if any, scenarios regarding the development of unconventional gas resources were developed as frameworks for the research, (vi) what economic, environmental and social impacts were identified by this research, (vii) what, if any, priority research areas were identified for further study as a result of this research, (viii) what, if any, departments were involved in this research, (ix) what, if any, action was undertaken to ensure inter-departmental cooperation throughout the research process, (x) what, if any, gaps or weaknesses in the regulatory framework did the research identify; (b) what, if any, research has the government undertaken regarding balancing shale gas' potential contribution to energy security with environmental risks; (c) what are the sources of greenhouse gas emissions associated with unconventional gas; (d) has the government developed a process to determine the overall carbon footprint of shale gas throughout the life cycle of natural gas use, if not, why not, and, if so, (i) what federal departments are involved in this process, (ii) how does the government ensure inter-departmental collaboration on this process, (iii) what is the p ...

(Return tabled) Question No. 141 Ms. Kirsty Duncan: With respect to climate change and international and national security: (a) what does the government project are the potential impacts on currently stable regions of the world of such climate change-related phenomena as, but not limited to, (i) rises in sea level, (ii) increases in extreme weather events, (iii) increases in the spread of infectious disease, (iv) increases in environmental refugees; (b) what does the government project will be (i) the consequences of the impacts identified in (a)(ii), (a)(iii), and (a)(iv) on domestic military missions, (ii) the consequences of (a)(i), ...[+++](a)(ii), (a)(iii), (a)(iv) and (b)(i) in terms of the military’s capacity to respond and the availability of troops for missions not related to conflicts induced by climate change-related phenomena; (c) what does the government project will be the potential impacts on already-weakened states of such climate change-related phenomena as, but not limited to, (i) sea level rise, (ii) extreme weather events, (iii) the spread of infectious diseases; (d) what does the government project will be the extent of the effects climate impacts could have on already-weakened states, including, but not limited to, (i) expanded ungoverned spaces, (ii) further weakened and failed states, (iii) increased conflicts, (iv) increased migrations; (e) what does the government project will be the impact of the effects identified in (d) on Canada’s national security; (f) which nations does the government project will be most affected by climate change, (i) what is the government’s assessment of each such country’s capacity to adapt or cope, (ii) what, if any, action is Canada taking to strengthen the capacity of weak governments to better cope with societal needs projected to arise as a result of climate change-related impacts, (iii) what is the government’s assessment of possible security risks if Canada does contribute to international efforts related to ...

The negotiations are focused on nine key issues: design risk, performance risk, completion risk, cost overrun risk, revenue risk, deployment risk, project risk coverage, compensation on termination and replenishment.

Concerning credit risks of OTC derivative instruments, the proposal would complement the "contractual netting" Directive (see IP/96/172), which came into force in April 1996, in three ways: * firstly, by extending the scope of the Solvency Ratio Directive's compulsory capital coverage for credit risks to all types of OTC derivatives (including notably commodity and equity-related derivatives as well as interest-rate- and foreign exchange-related derivatives) * secondly, by requiring calculation of capital charges for current credit exposure of OTC derivatives on the basis of more realistic market-values for most of banks' and investment ...[+++]firms' derivatives business and * thirdly by enabling supervisory authorities to allow for a refined calculation of capital charges appropriately reflecting the risk reducing effects of close-out netting on the potential future exposure of netted OTC derivatives (the existing rules allow current exposure to be taken into account). Together, these amendments would ensure a comprehensive and balanced regulation for capital requirements for credit risks inherent in OTC derivatives.