Translation of "marchés publics modification " (French → English) :

Second plea in law alleging, in the case of supply contracts, an infringement, on account of incorrect application, of Article 20(2)(e) of Council Directive 93/38/EEC of 14 June 1993 coordinating the procurement procedures of entities operating in the water, energy, transport and telecommunications sector (OJ 1993 L 199, p. 84) and, in the case of contracts for works and contracts for services the subject of correction, an infringement, on account of incorrect application, of Article 20(2)(f) of that Directive, since the contracting of additional services is a conceptually distinct matter from the amendment of a contract at the performan ...[+++]ce phase provided for by Spanish legislation in relation to public contracts and consequently such amendment does not fall within the scope of Directive 93/38.

Whereas the federal government, in the January 27, 2009, budget set out the plan for regulatory reform of Canada's capital markets; and whereas the expert panel on securities regulation that reported in the Hawkin Report, published January 2, 2009, recommends reform of the multiple and provincial Canadian securities regulatory schemes to a single Canadian securities regulator; and whereas the Canadian capital markets need efficient, effective, and shareholder-friendly regulatory protection; and whereas a change in the Canadian securities regulatory schemes has the support of the majority of the provinces; and whereas a single securit ...[+++]ies regulator will enhance the detection and prosecution of serious capital market crimes, where the current fragmented system of provincial securities regulations has shown that it cannot prevent such crimes; and whereas the current financial crisis has provided the motivation and optimism that such a reform to a single Canadian securities regulator will work and be supported by most provinces; therefore it be resolved that the National Pensioners and Senior Citizens Federation lobby the federal government and opposition parties to establish a national securities regulator through legislation that enhances the right of investments.

This amendment to the regulations was introduced as an important regulatory reform initiative to bridge the time between the completion of a thorough scientific evaluation and the publication of the amendment in the Canada Gazette, Part II. In terms of the use of this particular tool, since that time over 80 notices of interim marketing authorization have been issued.

2. If an amendment to the Annexes to Regulation (EEC) No 2377/90 so warrants, the marketing authorisation holder or, where appropriate, the competent authorities shall take all necessary measures to amend or revoke the marketing authorisation within 60 days of the date on which the amendment to the Annexes to that Regulation was published in the Official Journal of the European Union.

(1) On the occasion of new amendments being made to Council Directives 92/50/EEC of 18 June 1992 relating to the coordination of procedures for the award of public service contracts(5), 93/36/EEC of 14 June 1993 coordinating procedures for the award of public supply contracts(6) and 93/37/EEC of 14 June 1993 concerning the coordination of procedures for the award of public works contracts(7), which are necessary to meet requests for simplification and modernisation made by contracting authorities and economic operators alike in their ...[+++]responses to the Green Paper adopted by the Commission on 27 November 1996, the Directives should, in the interests of clarity, be recast.

Difficulties arise because of prevailing uncertainty as regards the way in which "regulated markets" should fulfil their obligations to ensure that all securities comply with the requirements for "official listing" (as specified in Directive 79/279 [10] In essence, the practice to date has been that the regulated market should provide listing functions in respect of all securities which are dealt in on that market. This practice for "regulated markets" officially to list securities prior to trading can add significantly to costs and limit the scope for competing markets and exchanges to admit the same security to trading. admission to listing and admission to trading must therefore be decoupled if more active competition between trading sys ...[+++]tems is to be facilitated. Furthermore, structural changes such as the demutualisation of exchanges call for a redefinition of how listing and public disclosure objectives are realised. However, before such far-reaching adjustments can be envisaged, an equitable basis must be found for sharing the regulatory overheads of listing and fulfilling related requirements such as dissemination of price-sensitive information. Without appropriate arrangements, profit-driven exchanges may seek to divest costly listing functions, particularly if they perceive competitors as "free-riding" on their listing services. This would jeopardise the important "public good" functions served by listing. Implementation of this approach should be foreshadowed in an updated definition of "regulated markets". It also calls for a re-examination of the provisions of Directive 79/279 [11].