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Simplification of the acquis communautaire in the field of economic and financial affairs .

In the context of the codification and simplification of the acquis communautaire , the Commission has reviewed the acquis communautaire in the field of economic and financial affairs .

As with the environment, Malta still has to adopt most of the extensive acquis.

( c ) respects the acquis communautaire and the measures adopted under the other provisions of the said Treaties

The acquis communautaire includes important rules for the financial sector and central banking activities .

Turkey is also an official candidate for accession , although negotiations have not yet started , and is included in the Economic Dialogue with the EU .

At Community level, the issue has been to a limited extent addressed in the acquis communautaire in several of the Directives.

Acquis communautaire and central bank independence The effective implementation of the acquis communautaire is not only a legal prerequisite for accession to the EU but also implies the transformation of accession countries into fully fledged market economies , which should facilitate their integration into the EU and , later , the euro area .

assisting the candidate countries in their efforts to implement the acquis on health and safety at work.

Carried out pursuant to the Communication from the Commission to the European Parliament and the Council Codification of the acquis communautaire , COM ( 2001 ) 645 final .

Carried out pursuant to the Communication from the Commission to the European Parliament and the Council Codification of the Acquis communautaire , COM ( 2001 ) 645 final .

Glossary Accounting Regulatory Committee ( ARC ) established to assist the European Commission ( Commission of the European Communities ) in the endorsement of International Accounting Standards ( IAS ) which , as from 2005 , will form the basis for the consolidated financial statements of companies listed on a European stock exchange .

Acquis communautaire the body of Community legislation , including its interpretation by the European Court of Justice , by which all EU Member States are bound .

PRESIDENT. I would just say to you that there is no debate, as you know. I cannot therefore give you the floor.

The Law on Prevention and Protection against Discrimination still needs to be aligned with the EU acquis as it does not prohibit discrimination on the grounds of sexual orientation.

Gene Pool Rules

2 LEGAL DEVELOPMENTS The Eurosystem has a crucial interest in ensuring that acceding countries adopt and implement in time the parts of the acquis communautaire ( the body of EU law ) that relate to its fields of competence .

two Pericles seminars assisted the ( then ) acceding countries in their efforts to apply the Community acquis in the specific area of protecting the euro

You've been taken out of the gene pool.

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assimilation of the acquis communautaire by countries with differing institutions, administrative and market structures, social relations and citizens' rights

It is essential that this body of Community law be applied in the financial sector in general , and to central banking activities in particular , in order to ensure a sound legal context .

Assigning these tasks to an agency will also enable the Commission to concentrate its efforts on its core tasks i.e. the development of policies and the monitoring of the Community acquis.

Financial sector structure and functioning Accession countries need to implement legislation in the banking and financial areas that is part of the acquis communautaire , including money laundering .

under the conditions set out in this Protocol in any other part of the Republic of Cyprus.

At a time when an exceptional effort is required of the applicant countries in order to adopt the entire Community acquis, the Member States should feel obliged to set a good example.

The ECB generally welcomes codification of the acquis communautaire , and in particular in the field of economic and monetary union , which contributes to a clear , effective and transparent legal framework .

Though complaints about the bloated acquis communitaire (the body of EU law) are often unfounded, the EU legislative process is not without its shortcomings, as recent attempts at harmonization clearly demonstrate.

measures for environmental upgrading in line with the acquis

The ECB generally welcomes codification of the acquis communautaire , and in particular in the field of economic and monetary union , which contributes to a clear , effective and workable legal framework .

The implementation of the acquis in the Eurosystem relevant areas will take place , at the latest , when these countries join the EU , subject to any agreed transitional arrangements .

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However, it does present the Community with substantial problems.

Community

At Community level

As the acquis communautaire has a general impact on the financial sector and on the central banks activities , the new Member States must comply with it from the time of accession .

The proposal will reduce the existing acquis and thus simplify it .

Community tribute at Woodlands

Community tribute at Yishun

Assessment at Community level

At Community level

European Commission One of the five European institutions , the European Commission was created in 1967 for the three European Communities .

There can be no enlargement of the European Union or the Economic and Monetary Union without the prior legal and institutional convergence that allows the accession countries to adopt the acquis communautaire .

Such acts and decisions shall not form part of the Union acquis .