Translation of "fonds d'adaptation " (French → English) :

The Commission should be empowered to adopt delegated acts in accordance with Article 290 TFEU in respect of technical adjustments to Directive 2006/48/EC to clarify definitions to ensure uniform application of that Directive or to take account of developments on financial markets; to align terminology on, and frame definitions in accordance with, subsequent relevant acts; to expand the content or adapt the terminology of the list of activities subject to mutual recognition under that Directive to take account of developments on financial markets; to adjust the areas in which the competent authorities are required to exchange information; to adjust the provisions of that Directive on own funds ...[+++] to reflect developments in accounting standards or Union legislation, or with regard to the convergence of supervisory practices; to expand the lists of exposure classes for the purposes of the Standardised Approach or the IRB Approach to take account of developments on financial markets; to adjust certain amounts relevant to those exposure classes to take into account the effects of inflation; to adjust the list and classification of off-balance sheet items; and to adjust specific provisions and technical criteria on the treatment of counterparty credit risk, the organisation and treatment of risk, the Standardised Approach and the IRB Approach, credit risk mitigation, securitisation, operational risk, review and evaluation by the competent authorities and disclosure in order to take account of developments on financial markets or in accounting standards or Union legislation, or with regard to the convergence of supervisory practices.

To conclude, I shall be supporting the rapporteur’s two amendments when this Chamber votes tomorrow morning, particularly Amendment 20a, which aims at providing new kinds of aid for artists through a suitable fund set up with the proceeds of a levy on the commercial exploitation of copyright-free original works and their performance.

18. Emphasises the moral obligation on industrialised countries to provide increased financial and capacity-building support for risk reduction and adaptation to climate change in low-income vulnerable countries in a predictable and coherent manner; calls, in particular, for the strengthening of existing funds under the UNFCCC such as the Adaptation Fund, the Least Developed Countries Fund (LDCF), the Special Climate Change Fund (SCCF) and the GEF's Strategic Priority on Adaptation (SPA);

17. Emphasises the moral obligation on industrialised countries to provide increased financial and capacity-building support for risk reduction and adaptation to climate change in low-income vulnerable countries in a predictable and coherent manner; calls, in particular, for the strengthening of existing funds under the UNFCCC such as the Adaptation Fund, the LDC Fund, the Special Climate Change Fund (SCCF) and the GEF Strategic Priority on Adaptation (SPA);

However, if an investment firm provides generic advice to a client about a type of financial instrument which it presents as suitable for, or based on a consideration of the circumstances of, that client, and that advice is not in fact suitable for the client, or is not based on a consideration of his circumstances, depending on the circumstances of the particular case, the firm is likely to be acting in contravention of Article 19(1) or (2) of Directive 2004/39/EC.

- by investing in relevant specialised venture capital funds, particularly in seed funds, smaller funds, funds operating regionally or funds focused on specific sectors or technologies, or venture capital funds financing the exploitation of R D results, e.g. funds linked to research centres and science parks which in turn provide risk capital for SMEs.