### union fishing vessels shall only catch surplus of the allowable catch determined by the third country as referred to in article 62 of the united nations convention on the law of the sea , and identified on the basis of the best available scientific advice and relevant information exchanged between the union and the third country concerned about the total fishing effort on the affected stocks , in order to ensure that fishery resources remain above levels capable of producing maximum sustainable yield . ### union fishing vessels shall only catch surplus of the allowable catch determined by the third country as referred to in article 62 of the united nations convention on the law of the sea , and identified on the basis of accurate and up - to - date scientific advice and relevant information exchanged between the union and the third country concerned about the total fishing effort on the affected stocks , in order to ensure that fishery resources remain above levels capable of producing maximum sustainable yield , where possible .


### – ‘ conservation reference point’ means values of fish stock population parameters used in fisheries management , for example with respect to an acceptable level of biological risk or a desired level of yield ; ### – ‘ limit reference point’ means values of fish stock population parameters that set a limit biological reference point for the fixing of fishing opportunities which is equal to maximum sustainable yield , as adjusted by the imposition of a precautionary buffer that increases as scientific uncertainty increases ;


### it is important that the management of the common fisheries policy is guided by principles of good governance . those principles include decision - making based on best available scientific advice , broad stakeholder involvement and a long - term perspective . the successful management of the common fisheries policy also depends on a clear definition of responsibilities at union , national , regional and local levels and on the mutual compatibility and consistency of the measures taken with other union policies . ### it is important that the management of the common fisheries policy is guided by principles of good governance . those principles include decision - making based on accurate and up - to - date scientific advice , broad stakeholder involvement and a long - term perspective . the successful management of the common fisheries policy also depends on a clear definition of responsibilities at union , national , regional and local levels and on the mutual compatibility and consistency of the measures taken with other union policies .


### multiannual plans providing for conservation measures to maintain or restore fish stocks above levels capable of producing maximum sustainable yield shall be established as a priority . ### multiannual plans providing for conservation measures to maintain or restore fish stocks at levels capable of producing maximum sustainable yield , where possible , shall be established as a priority .


### multiannual plans shall provide for adaptations of the fishing mortality rate , resulting in a fishing mortality rate that restores and maintains all stocks above levels capable of producing maximum sustainable yield by 2015 . ### multiannual plans shall provide for adaptations of the fishing mortality rate , resulting in the restoration and maintenance of all stocks of harvested species above levels capable of producing maximum sustainable yield by 2015 . where this is not biologically possible , or where there is a failure to achieve that stock level by 2015 , the fishing mortality rate shall be adjusted to that which will restore or maintain stocks above levels capable of producing maximum sustainable yield by 2020 , and if that is not possible , by the earliest biologically possible date thereafter .


### multiannual plans shall provide for adaptations of the fishing mortality rate , resulting in a fishing mortality rate that restores and maintains all stocks above levels capable of producing maximum sustainable yield by 2015 . ### multiannual plans shall provide for adaptations of the fishing mortality rate , resulting in the restoration and maintenance of all stocks above levels capable of producing maximum sustainable yield by 2015 .


### – ‘ ecosystem - based approach to fisheries management’ means an approach ensuring that benefits from living aquatic resources are high while the direct and indirect impacts of fishing operations on marine ecosystems are low and not detrimental to the future functioning , diversity and integrity of those ecosystems ; ### – ‘ ecosystem - based approach to fisheries management’ means an approach ensuring that benefits from living aquatic resources are high while the direct and indirect impacts of human activities , including fishing operations on marine ecosystems , are avoided or minimised and where possible eliminated and are not detrimental to the future functioning , diversity and integrity of those ecosystems . fish populations are maintained within the ecologically viable levels , biological diversity is preserved , functions of the ecosystem are kept at acceptable levels .


### the basis for fixing fishing opportunities for the fish stocks concerned on the basis of predefined conservation reference points ; and ### the basis for fixing fishing opportunities for the fish stocks concerned on the basis of predefined limit reference points ; and


### the common fisheries policy shall implement the ecosystem - based approach to fisheries management to ensure that the impacts of fishing activities on the marine ecosystem are limited . ### the common fisheries policy shall implement the ecosystem - based approach to fisheries and aquaculture management to ensure that the impacts of these activities on the marine ecosystem are limited .


### measures capable of effectively preventing conservation reference points from being transgressed . ### measures capable of effectively preventing limit reference points from being transgressed .


### multiannual plans shall be based on the precautionary approach to fisheries management and shall take into account the limitations of the available data and assessment methods and all quantified sources of uncertainty in a scientifically valid manner . ### multiannual plans shall be based on the best available scientific data and shall use the precautionary approach in the event of limitations of the available data and assessment methods , taking into account all quantified sources of uncertainty in a scientifically valid manner .


### the commission shall be empowered to adopt delegated acts in accordance with article 55 to specify the technical measures covered by a technical measures framework , if the member states authorised to take measures in accordance with article 21 do not notify such measures to the commission within three months after the date of entry into force of the technical measures framework . ### the commission shall be empowered to adopt delegated acts in accordance with article 55 to specify the technical measures covered by a technical measures framework , if the interested member states empowered and required to formulate and agree technical measures in accordance with paragraph 1 of article 21 and the member states who have adopted technical measures in accordance with paragraph 2 of article 21 do not notify such measures to the commission within three months after the date of entry into force of the technical measures framework . the commission shall adopt such delegated acts , if the interested member states empowered and required to formulate and agree technical measures in accordance with paragraph 1 of article 21 and the member states who have adopted technical measures in accordance with paragraph 2 of article 21 do not notify such measures to the commission within [ 12 ] months after the date of [ adoption ] [ entry into force ] of the multiannual plan .


### fisheries management based on the best available scientific advice requires harmonised , reliable and accurate data sets . therefore member states should collect data on fleets and their fishing activities , in particular biological data on catches , including discards , survey information on fish stocks and on the potential environmental impact of fishing activities on the marine ecosystem . ### fisheries management based on full and accurate scientific advice requires harmonised , reliable and accurate data sets . therefore member states shall collect data on fleets and their fishing activities , in particular biological data on catches , including discards , survey information on fish stocks and on the potential environmental impact of fishing activities on the marine ecosystem .


### at the world summit on sustainable development at johannesburg in 2002 , the union and its member states committed to act against the continued decline of many fish stocks . therefore , the union should improve its common fisheries policy to ensure that as a matter of priority exploitation levels of marine biological resources stocks are restored and maintained at levels capable of producing maximum sustainable yields from the populations of harvested stocks by 2015 . where less scientific information is available , this may require applying proxies to maximum sustainable yield . ### at the world summit on sustainable development at johannesburg in 2002 , the union and its member states committed themselves to act against the continued decline of many fish stocks . therefore , the union should improve its common fisheries policy to ensure that as a matter of priority , and where possible , population levels for harvested stocks are restored and maintained at levels above those capable of producing maximum sustainable yields by 2015 . where less scientific information is available , this may require applying proxies to maximum sustainable yield .


### member states shall ensure the national coordination of the collection and management of scientific data for fisheries management . to this end , they shall designate a national correspondent and organize an annual national coordination meeting . the commission shall be informed of the national coordination activities and be invited to the coordination meetings . ### member states shall ensure the national coordination of the collection and management of scientific data for fisheries management . to this end , they shall designate a national correspondent and organize an annual national coordination meeting . the commission and the european parliament shall be informed of the national coordination activities and be invited to the coordination meetings .


### multiannual plans shall be based on the precautionary approach to fisheries management and shall take into account the limitations of the available data and assessment methods and all quantified sources of uncertainty in a scientifically valid manner . ### multiannual plans shall comply with the objectives in article 2 and 3 and shall be based on accurate and up - to - date scientific data and shall be established following full consultation with the stakeholders concerned .


### it is important that the management of the common fisheries policy is guided by principles of good governance . those principles include decision - making based on best available scientific advice , broad stakeholder involvement and a long - term perspective . the successful management of the common fisheries policy also depends on a clear definition of responsibilities at union , national , regional and local levels and on the mutual compatibility and consistency of the measures taken with other union policies . ### it is important that the management of the common fisheries policy is guided by principles of good governance . those principles include decision - making based on best available scientific advice , broad stakeholder involvement and a long - term perspective . the successful management of the common fisheries policy also depends on a clear definition of responsibilities at union , national , regional and local levels and on the mutual compatibility and consistency of the measures taken with other union policies . the commission , the european parliament and member states shall intensify their efforts to strengthen the regional aspect of the common fisheries policy regarding article 2 of the tfeu and proposing further necessary treaty changes to attain this objective .


### in a technical measures framework established pursuant to article 14 member states may be authorised to adopt measures , in accordance with that framework , which specify the technical measures applicable to vessels flying their flag in relation to stocks in their waters for which they have been allocated fishing opportunities . member states shall ensure that such technical measures : ### where a technical measures framework has been established pursuant to article 14 , interested member states shall cooperate with each other and shall , as far as possible , consult and coordinate with any interested third party in formulating and agreeing technical measures , in accordance with that framework , and any timescale therein . 2 . where a technical measures framework has been established pursuant to article 14 which does not apply to a relevant geographical area , member states shall formulate the technical measures they are empowered to adopt under the technical measures framework , in accordance with that framework , and any timescales specified therein . 3 . interested member states under paragraph 1 and affected member states under paragraph shall ensure that the technical measures to be formulated pursuant to those paragraphs


### member states may require holders of a fishing licence for fishing vessels of 12 meters length overall or more flying their flag to contribute proportionally to the costs of implementing the union fisheries control system . ### member states shall require holders of a fishing licence for fishing vessels of 12 meters length overall or more flying their flag to contribute proportionally to the costs of implementing the union fisheries control system and data collection .


### multiannual plans shall be based on the precautionary approach to fisheries management and shall take into account the limitations of the available data and assessment methods and all quantified sources of uncertainty in a scientifically valid manner . ### multiannual plans shall comply with the objectives in articles 2 and 3 , be based on the precautionary approach to fisheries management and take into account the limitations of the available data and assessment methods and all quantified sources of uncertainty in a scientifically valid manner .


### member states should be able to adopt conservation measures and technical measures for the implementation of the common fisheries policy to allow for the policy to better address the realities and specificities of individual fisheries and to increase the adherence to the policy . ### member states , after having duly taken into account the views of relevant advisory councils and stakeholders , should be able to adopt conservation measures and technical measures for the implementation of the common fisheries policy to allow for the policy to better address the realities and specificities of individual fisheries and to increase the adherence to the policy .


### member states should manage and make available to end - users of scientific - data the collected data , on the basis of a multi - annual union program . member states should also cooperate with each other to coordinate data collection activities . where relevant , member states should also cooperate with third countries within the same sea basin regarding data collection . ### member states shall manage and make available to end - users of scientific - data the collected data , on the basis of a multi - annual union program . member states shall also cooperate with each other to coordinate data collection activities . where relevant , member states should also cooperate with third countries within the same sea basin regarding data collection .


### conservation , management and exploitation of marine biological resources ; and ### conservation , management and exploitation of aquatic biological resources ;


### – ‘ fishing capacity’ means a vessel ' s tonnage in gt and its power in kw as defined in articles 4 and 5 of council regulation no 2930 / 8635 ; ### – ' fishing capacity ' means the ability of a vessel to catch fish . indicators that can be used to quantify fishing capacity are vessel characteristics , including a vessel ' s tonnage in gt and its power in kw as defined in articles 4 and 5 of council regulation no 2930 / 8635 , the fishing gear and fishing technique it employs and the number of days spent at fishing ;


### improving the competitiveness of the aquaculture industry and supporting its development and innovation ; ### improving the competitiveness of the aquaculture industry and supporting its development and innovation ; including extensive aquaculture


### policy - oriented fisheries science should be reinforced by means of nationally - adopted fisheries scientific data collection , research and innovation programs in coordination with other member states as well as by union research and innovation framework tools . ### policy - oriented fisheries science shall be reinforced by means of nationally - adopted fisheries scientific data collection , research and innovation programs in coordination with other member states as well as by union research and innovation framework tools .


### clear time frames to reach the quantifiable targets ; ### clear and realistic time frames to reach the quantifiable targets ;


### the positions of the union in international organisations dealing with fisheries and rfmos shall be based on the best available scientific advice to ensure that fishery resources are maintained above or restored above levels capable of producing maximum sustainable yield . ### the positions of the union in international organisations dealing with fisheries and rfmos shall be based on accurate and up - to - date scientific advice to ensure that , where possible , fishery resources are maintained above or restored above levels capable of producing maximum sustainable yield .


### sustainable exploitation of marine biological resources should be based on the precautionary approach , which is to be derived from the precautionary principle referred to in the first subparagraph of article 191 of the treaty . ### sustainable management of marine biological resources should be based on the precautionary approach , which is to be derived from the precautionary principle referred to in the first subparagraph of article 191 of the treaty . the precautionary principle applies where scientific evidence is insufficient , inconclusive or uncertain .


### fishing opportunities shall comply with quantifiable targets , time frames and margins established in accordance with article 9 and 11 , and . ### fishing opportunities shall not exceed the level specified in the scientific advice and shall comply with quantifiable targets , time frames and margins established in multiannual plans in accordance with article 9 and 11 , and .


### improving the competitiveness of the aquaculture industry and supporting its development and innovation ; ### improving the quality , competitiveness and ecological sustainability of the aquaculture industry by supporting innovation ;


### objective 3 - rights and redress : to consolidate consumer rights in particular through regulatory action and improving access to redress including alternative dispute resolution . ### objective 3 - rights and redress : to consolidate consumer rights in particular through regulatory action and improving access to alternative dispute resolution .


### financial instruments that , on maturity , give the holder , under a formal agreement , either the unconditional right to acquire or the discretion as to his right to acquire , shares to which voting rights are attached , already issued , of an issuer whose shares are admitted to trading on a regulated market ; ### financial instruments that give the holder , under a formal agreement , either the unconditional right to acquire or the discretion as to his right to acquire , shares to which voting rights are attached , already issued , of an issuer whose shares are admitted to trading on a regulated market ;


### the home member state may not make a holder of shares , or a natural person or legal entity referred to in articles 10 or 13 , subject to requirements more stringent than those laid down in this directive , except setting lower notification thresholds than those laid down in article 9 . ### the home member state may not make a holder of shares , or a natural person or legal entity referred to in articles 10 or 13 , subject to requirements more stringent than those laid down in this directive , except when :


### the home member state may make an issuer subject to requirements more stringent than those laid down in this directive , except requiring issuers to publish periodic information other than annual financial reports referred to in article 4 and half - yearly financial reports referred to in article 5 . ### the home member state may make an issuer subject to requirements more stringent than those laid down in this directive , except requiring issuers to publish periodic financial information on a more frequent basis than annual financial reports referred to in article 4 and half - yearly financial reports referred to in article 5 . member states may however impose publication of additional periodic financial information other than the annual financial reports referred to in article 4 and the half - yearly financial reports referred to in article 5 for the following purposes : - protection of financial stability ; and - prudential and conduct regulation of institutions .


### financial instruments with economic effects similar to those referred to in point , whether they give right to a physical settlement or not . ### financial instruments which are not included in point but which are referenced to shares referred to in that point and with economic effect similar to financial instruments referred to in that point , whether they give right to a physical settlement or not .


### the commission shall be empowered to adopt by means of delegated acts in accordance with article 27 , and , and subject to the conditions of articles 27a and 27b , measures to : modify the method to calculate the number of voting rights relating to the financial instruments referred to in paragraph 1a ; specify the types of instruments to be considered as financial instruments within the meaning of paragraph 1b ; specify the contents of the notification to be made , the notification period and to whom the notification is to be made , as referred to in paragraph 1 . ### esma shall develop draft regulatory technical standards to specify the contents of the notification to be made , the notification period and to whom the notification is to be made as referred to in paragraph 1 . esma shall submit those draft regulatory technical standards to the commission by 31 december 2013 . power is delegated to the commission to adopt the regulatory technical standards referred to in the first sub - paragraph in accordance with articles 10 to 14 of regulation no 1095 / 2010 .


### member states shall ensure that the competent authorities publish any sanction or measure imposed for breach of the national provisions adopted in the implementation of this directive without undue delay , including information on the type and nature of the breach and the identity of persons responsible for it , unless such publication would seriously jeopardise the stability of financial markets . where publication would cause a disproportionate damage to the parties involved , competent authorities shall publish the sanctions on an anonymous basis . ### member states may ensure that the competent authorities publish any sanction or measure imposed for breach of the national provisions adopted in the implementation of this directive without undue delay , including information on the type and nature of the breach and the identity of persons responsible for it , unless such publication would seriously jeopardise the stability of financial markets , cause a disproportionate damage to the parties involved or jeopardise an on - going criminal investigation


### financial instruments that , on maturity , give the holder , under a formal agreement , either the unconditional right to acquire or the discretion as to his right to acquire , shares to which voting rights are attached , already issued , of an issuer whose shares are admitted to trading on a regulated market ; ### financial instruments that give the holder , under a formal agreement , either the unconditional right to acquire or the discretion as to his right to acquire , shares to which voting rights are attached , whether already issued or to be issued , of an issuer whose shares are admitted to trading on a regulated market ;


### in order to enhance the coherence of the mandate , strengthen the focus of the eib external financing activity on supporting eu policies , and for the maximum benefit of beneficiaries , this decision should set out horizontal high - level objectives in the mandate for eib financing operations across all eligible countries , building on the comparative strengths of the eib in areas where it has a well - proven track record . in all regions covered by this decision , the eib should thus finance projects in the areas of climate change mitigation and adaptation , social and economic infrastructure ) , and local private sector development , in particular in support of small and medium - sized enterprises . within these areas , regional integration among partner countries , including economic integration between pre - accession countries , neighbouring countries and the eu , should be an underlying objective for eib financing operations . ### in order to enhance the coherence of the mandate , strengthen the focus of the eib external financing activity on supporting eu policies , and for the maximum benefit of beneficiaries , this decision should set out horizontal high - level objectives in the mandate for eib financing operations across all eligible countries , building on the comparative strengths of the eib in areas where it has a well - proven track record . in all regions covered by this decision , the eib should thus finance projects in the areas of climate change mitigation and adaptation , social and economic infrastructure in new energy sources , energy security , environmental infrastructure including water and sanitation , as well as information and communication technology ) , and local private sector development , in particular in support of small and medium - sized enterprises to boost sustainable economic growth and jobs creation . within these areas , regional integration among partner countries , including economic integration between pre - accession countries , neighbouring countries and the eu , should be an underlying objective for eib financing operations . the eib should contribute to european foreign direct investment in partner countries , including as part of mutually beneficial public private partnerships , with the objective to promote innovation and development in the aforementioned project areas .


### eib activity in neighbourhood countries should take place in the framework of the european neighbourhood policy , under which the eu aims to develop a special relationship with neighbouring countries with a view to establishing an area of prosperity and good neighbourliness , founded on the values of the eu and characterised by close and peaceful relations based on co - operation . to achieve these objectives the eu and its partners implement jointly agreed bilateral action plans defining a set of priorities including on political and security issues , trade and economic matters , environmental concerns and integration of transport and energy networks . the union for the mediterranean , the eastern partnership , and the black sea synergy are multilateral and regional initiatives complementary to the european neighbourhood policy aimed at fostering co - operation between the eu and the respective group of neighbouring partner countries facing common challenges and / or sharing a common geographical environment . the union for the mediterranean supports improved socio - economic , solidarity , regional integration , sustainable development and knowledge building , underlining the need to increase financial co - operation to support regional and trans - national projects . the eastern partnership aims to create the necessary conditions to accelerate political association and further economic integration between the eu and eastern partner countries . the russian federation and the eu have a wide - ranging strategic partnership , distinct from the european neighbourhood policy and expressed through the common spaces and roadmaps . this is complemented at multilateral level by the northern dimension which provides a framework for co - operation between the eu , russia , norway and iceland . ### eib activity in neighbourhood countries should take place in the framework of the european neighbourhood policy , under which the eu aims to develop a special relationship with neighbouring countries with a view to establishing an area of prosperity and good neighbourliness , founded on the values of the eu and characterised by close and peaceful relations based on co - operation . to achieve these objectives the eu and its partners implement jointly agreed bilateral action plans defining a set of priorities including on political and security issues , trade and economic matters , environmental concerns and integration of transport and energy networks such as the nabucco gas pipeline project , which is of particular interest to the eu . the union for the mediterranean , the eastern partnership , and the black sea synergy are multilateral and regional initiatives complementary to the european neighbourhood policy aimed at fostering co - operation between the eu and the respective group of neighbouring partner countries facing common challenges and / or sharing a common geographical environment . the union for the mediterranean supports improved socio - economic , solidarity , regional integration , sustainable development and knowledge building , underlining the need to increase financial co - operation to support regional and trans - national projects . the eastern partnership aims to create the necessary conditions to accelerate political association and further economic integration between the eu and eastern partner countries . the russian federation and the eu have a wide - ranging strategic partnership , distinct from the european neighbourhood policy and expressed through the common spaces and roadmaps . this is complemented at multilateral level by the northern dimension which provides a framework for co - operation between the eu , russia , norway and iceland .


### it is important to ensure that modifications to the rating methodologies do not result in less rigorous methodologies . for that purpose , issuers , investors and other interested parties should have the opportunity to comment on any intended change of rating methodologies . this will help them to understand the reasons behind new methodologies and for the change in question . comments provided by issuers and investors on the draft methodologies may provide valuable input for the credit rating agencies in defining the methodologies . moreover , esma should verify and confirm the compliance of new rating methodologies with article 8 of regulation no 1060 / 2009 and the relevant regulatory technical standard before methodologies are applied in practice . esma should verify that the proposed methodologies are rigorous , systematic , continuous and subject to validation based on historical experience , including back - testing . however , this verification process should not grant esma any power to judge the appropriateness of the proposed methodology or the content of the credit ratings issued following the application of the methodologies . ### it is important to ensure that modifications to the rating methodologies do not result in less rigorous methodologies . for that purpose , issuers , investors and other interested parties should have the opportunity to comment on any intended significant change of rating methodologies . this will help them to understand the reasons behind new methodologies and for the change in question . comments provided by issuers and investors on the draft methodologies may provide valuable input for the credit rating agencies in defining the methodologies . moreover , esma should be notified of new rating methodologies however , this notification process should not grant esma any power to judge the appropriateness of the proposed methodology or the content of the credit ratings issued following the application of the methodologies .


### regarding matters concerning the civil liability of a credit rating agency and which are not covered by this regulation , such matters should be governed by the applicable national law determined by the relevant rules of international private law . the competent court to decide on a claim for civil liability brought by an investor should be determined by the relevant rules on international jurisdiction . ### regarding matters concerning the civil liability of a credit rating agency , such matters should be governed by the applicable national law determined by the relevant rules of international private law . the competent court to decide on a claim for civil liability brought by an investor should be determined by the relevant rules on international jurisdiction .


### credit ratings , whether issued for regulatory purposes or not , have a significant impact on investment decisions . hence , credit rating agencies have an important responsibility towards investors in ensuring that they comply with the rules of regulation no 1060 / 2009 so that their ratings are independent , objective and of adequate quality . however , in the absence of a contractual relationship between the credit rating agency and the investor , investors are not always in a position to enforce the agency ' s responsibility towards them . therefore , it is important to provide for an adequate right of redress for investors who relied on a credit rating issued in breach of the rules of regulation no 1060 / 2009 . the investor should be able to hold the credit rating agency liable for any damage caused by an infringement of that regulation which had an impact on the rating outcome . infringements which do not impact the rating outcome , such as breaches of transparency obligations , should not trigger civil liability claims . ### credit ratings , whether issued for regulatory purposes or not , may have a significant impact on investment decisions . hence , credit rating agencies have an important responsibility towards investors in ensuring that they comply with the rules of regulation no 1060 / 2009 so that their ratings are independent , objective and of adequate quality .


### a european year of citizens in 2013 will provide a very timely opportunity to raise the awareness of the general public about the rights attached to union citizenship and thus to contribute to the objective of facilitating the exercise of the right to free movement . ### a european year of citizens in 2013 will provide a very timely opportunity to raise the awareness of the general public about the rights and responsibilities attached to union citizenship and thus to contribute to the objective of facilitating the exercise of these rights .


### without prejudice to the powers of the commission under article 226 of the treaty , where a national supervisory authority does not comply with the decision referred to in paragraph 4 of this article within the period of time specified therein , and where it is necessary to remedy in a timely manner the non compliance by the national supervisory authority in order to maintain or restore neutral conditions of competition in the market or ensure the orderly functioning and integrity of the financial system , the authority may , where the relevant requirements of the legislation referred to in article 1 are directly applicable to financial institutions , adopt an individual decision addressed to a financial institution requiring the necessary action to comply with its obligations under community law including the cessation of any practice . ### without prejudice to the powers of the commission under article 258 of the treaty on the functioning of the european union , where a competent authority does not comply with the decision referred to in paragraph 4 of this article within the period of time specified therein , and where it is urgent and necessary to remedy in a timely manner the non - compliance by the national supervisory authority to ensure financial stability , the orderly functioning and integrity of the financial system in the internal market , the authority may , where the relevant requirements of the legislation referred to in article 1 are directly applicable to financial market participants , adopt an individual decision addressed to a financial market participant requiring the necessary action to comply with its obligations under union law including the cessation of any practice .


### ' stock of herring in the west of scotland ' means the stock of herring which inhabits union and international waters of ices divisions vb , via and vib . ### ' stock of herring in the area west of scotland ' means the stock of herring distributed to the west of scotland which currently inhabits union and international waters of ices zones vb and vib , as well as the part of ices zone via which lies west of the meridian of longitude 7° w and north of the parallel of latitude 55° n , or east of the meridian of longitude 7° w and north of the parallel of latitude 56° n , excluding the clyde .


### with regard to representatives of the private sector , the office should involve , when assembling the observatory in the context of its activities , a representative selection of the economic sectors most concerned by and most experienced in the fight against infringements of intellectual property rights , in particular representatives of right holders and internet service providers . also , a proper representation of consumers and of small and medium sized enterprises should be ensured . ### with regard to representatives of the private sector , the office should involve , when assembling the observatory in the context of its activities , a representative selection of the economic sectors , including the creative industries , most concerned by or most experienced in the fight against infringements of intellectual property rights , in particular representatives of authors , right holders and internet intermediaries , including internet service providers , telecommunications providers and online service providers . also , a proper representation of consumers and of small and medium - sized enterprises should be ensured .


### with regard to representatives of the private sector , the office should involve , when assembling the observatory in the context of its activities , a representative selection of the economic sectors most concerned by and most experienced in the fight against infringements of intellectual property rights , in particular representatives of right holders and internet service providers . also , a proper representation of consumers and of small and medium sized enterprises should be ensured . ### with regard to representatives of the private sector , the office should involve , when assembling the observatory in the context of its activities , a representative selection of the economic sectors , including the creative industries , most concerned by or most experienced in the fight against infringements of intellectual property rights , in particular representatives of authors , right holders and internet service providers . also , a proper representation of consumers and of small and medium sized enterprises should be ensured .


### drawing up reports and publications to raise awareness of the union ' s citizens of the impact of infringements of intellectual property rights , and organising conferences , on - line and off - line campaigns , events and meetings at european and international levels ; ### drawing up reports and publications to raise awareness among the union ' s citizens of the impact of infringements of intellectual property rights , and to this end , organising conferences , events and meetings at european and international levels and supporting national and pan - european actions , including on - line and off - line campaigns ;


### with regard to representatives of the private sector , the office should involve , when assembling the observatory in the context of its activities , a representative selection of the economic sectors most concerned by and most experienced in the fight against infringements of intellectual property rights , in particular representatives of right holders and internet service providers . also , a proper representation of consumers and of small and medium sized enterprises should be ensured . ### with regard to representatives of the private sector , the office should involve , when assembling the observatory in the context of its activities , a representative selection of the sectors most concerned by and most experienced in the fight against infringements of intellectual property rights , in particular representatives of right holders and internet intermediaries . in this connection , particular attention should be paid to sectors which , by their very nature , generate value which is to a large extent intangible , such as the creative and cultural sector . also , a proper representation of consumers , small and medium - sized enterprises , creators and users of cultural services and platforms , including stakeholders of the non - profit sector , should be ensured .


### the office should offer a forum that brings together public authorities and the private sector , ensuring the collection , analysis and dissemination of relevant objective , comparable and reliable data regarding the value of intellectual property rights and the infringements of those rights , the development of best practices and strategies to protect intellectual property rights , and raising public awareness of the impacts of intellectual property rights infringements . furthermore , the office should fulfil additional tasks , such as to improve the understanding of the value of intellectual property rights , enhance the expertise of persons involved in the enforcement of intellectual property rights by appropriate training measures , increase knowledge on techniques to prevent counterfeiting , and improve cooperation with third countries and international organisations . ### the office , when assembling the observatory , should bring together , where appropriate , public authorities , including data protection authorities , as well as civil society , including consumer associations , and the private sector , ensuring the collection , analysis and dissemination of relevant objective , comparable and reliable data regarding the value of intellectual property rights and the infringements of those rights , the development of best practices and strategies to protect intellectual property rights , and raising public awareness of the impacts of intellectual property rights infringements . furthermore , the office should fulfil additional tasks , such as to improve the understanding of the value of intellectual property rights , enhance the expertise of persons involved in the enforcement of intellectual property rights by appropriate training measures , increase knowledge on techniques to prevent counterfeiting , and improve cooperation with third countries and international organisations .


### raising citizens’ awareness of the impact of infringements of intellectual property rights ; ### raising citizens’ awareness of the impact of infringements of intellectual property rights by continuing and intensifying awareness campaigns on the risks that counterfeit products pose to consumer health and safety and on the adverse impact that counterfeiting and piracy have on the economy and on society ;


### provide statistical data on infringements of intellectual property rights ; ### provide , when available , statistical data on infringements of intellectual property rights ;


### enhancing the knowledge on technical tools to prevent and combat counterfeiting and piracy , including tracking and tracing systems ; ### enhancing the knowledge on technical tools to prevent and combat infringement of intellectual property rights , including tracking and tracing systems ;


### the office should offer a forum that brings together public authorities and the private sector , ensuring the collection , analysis and dissemination of relevant objective , comparable and reliable data regarding the value of intellectual property rights and the infringements of those rights , the development of best practices and strategies to protect intellectual property rights , and raising public awareness of the impacts of intellectual property rights infringements . furthermore , the office should fulfil additional tasks , such as to improve the understanding of the value of intellectual property rights , enhance the expertise of persons involved in the enforcement of intellectual property rights by appropriate training measures , increase knowledge on techniques to prevent counterfeiting , and improve cooperation with third countries and international organisations . ### the office should offer a forum that brings together public authorities and the private sector , ensuring the collection , analysis and dissemination of relevant objective , comparable and reliable data regarding the value of intellectual property rights and the infringements of those rights , identifying and promoting best practices and strategies to enforce intellectual property rights , and raising public awareness of the impacts of intellectual property rights infringements . furthermore , the office should fulfil additional tasks , such as to improve the understanding of the value of intellectual property rights , exchange of information on new competitive business models expanding the legal offer of cultural and creative content , enhance the expertise of persons involved in the enforcement of intellectual property rights by appropriate training measures , increase knowledge on techniques to prevent counterfeiting , and improve cooperation with third countries and international organisations .


### establishing a methodology for the collection , analysis and reporting of independent , objective , comparable and reliable data related to infringements of intellectual property rights ; ### establishing a methodology for the regular collection , analysis and reporting of independent , objective , comparable , robust and reliable data related to infringements of intellectual property rights ;


### the office should offer a forum that brings together public authorities and the private sector , ensuring the collection , analysis and dissemination of relevant objective , comparable and reliable data regarding the value of intellectual property rights and the infringements of those rights , the development of best practices and strategies to protect intellectual property rights , and raising public awareness of the impacts of intellectual property rights infringements . furthermore , the office should fulfil additional tasks , such as to improve the understanding of the value of intellectual property rights , enhance the expertise of persons involved in the enforcement of intellectual property rights by appropriate training measures , increase knowledge on techniques to prevent counterfeiting , and improve cooperation with third countries and international organisations . ### the office should offer a forum that brings together public authorities and the private sector , ensuring the collection , analysis and dissemination of relevant objective , comparable and reliable data regarding the value of intellectual property rights and the infringements of those rights , identifying and promoting best practices to enforce intellectual property rights , and raising public awareness of the impacts of intellectual property rights infringements . furthermore , the office should fulfil additional tasks , such as to improve the understanding of the value of intellectual property rights , exchange information on new competitive business models expanding the legal offer of cultural and creative content , enhance the expertise of persons involved in the enforcement of intellectual property rights by appropriate training measures , increase knowledge on techniques to prevent infringement of intellectual property rights , and improve cooperation with third countries and international organisations .


### without prejudice to law governing the processing of personal data , member states and private sector representatives meeting as the observatory shall : ### without prejudice to law governing the processing of personal data , member states and private sector representatives meeting as the observatory may :


### without prejudice to law governing the processing of personal data , member states and private sector representatives meeting as the observatory shall : ### without prejudice to law governing the processing of personal data , representatives meeting as the observatory shall :


### in some cases interworking via networks with other radio equipment and connection with interfaces of the appropriate type throughout the union may be necessary . interoperability between radio equipment and accessories such as chargers simplify use of radio equipment and reduce unnecessary waste . ### interworking via networks with other radio equipment and connection with interfaces of the appropriate type throughout the union is necessary in some cases . interoperability between radio equipment and accessories such as chargers simplifies use of radio equipment , reduces unnecessary waste and costs . a renewed effort to develop a common charger would therefore be highly desirable and consequently be beneficial in particular for consumers and other end - users .


### manufacturers shall indicate their name , registered trade name or registered trade mark and the address at which they can be contacted on radio equipment or , where the size or nature of radio equipment does not allow it , on its packaging , or in a document accompanying radio equipment . the address must indicate a single point at which the manufacturer can be contacted . ### manufacturers shall indicate their name , registered trade name or registered trade mark and the address at which they can be contacted on radio equipment or , where the size or nature of radio equipment does not allow it , on its packaging , or in a document accompanying radio equipment . the address shall indicate a single point at which the manufacturer can be contacted . where radio equipment is fitted with an integral screen , this obligation may also be fulfilled by a function allowing the user to select the display of the required information on the integral screen .


### in some cases interworking via networks with other radio equipment and connection with interfaces of the appropriate type throughout the union may be necessary . interoperability between radio equipment and accessories such as chargers may simplify use of radio equipment and reduce unnecessary waste . ### in some cases interworking via networks with other radio equipment and connection with interfaces of the appropriate type throughout the union is necessary in some cases . interoperability between radio equipment and accessories such as chargers simplifies use of radio equipment , reduces unnecessary waste and costs . a renewed effort to develop a common charger is therefore expected , as it would be highly beneficial in particular for consumers and other end - users .


### information available on the packaging shall allow to identify the member states or the geographical area within a member state where radio equipment can be put into service , and shall alert the user to potential restrictions or requirements for authorisation of use in certain member states . such information shall be completed in the instructions accompanying radio equipment . the commission may adopt implementing acts specifying how to present this information . those implementing acts shall be adopted in accordance with the advisory procedure referred to in article 44 . ### information available on the packaging shall allow , in cases where there are restrictions to put radio equipment into service in at least one member state , to identify the member states or the geographical area within a member state where that radio equipment can be put into service . this information shall also inform the user of any potential restrictions or requirements for authorisation of use in certain member states . such information shall be completed in the instructions accompanying radio equipment . the commission may adopt implementing acts specifying how to present this information . those implementing acts shall be adopted in accordance with the advisory procedure referred to in article 44 .


### information available on the packaging shall allow to identify the member states or the geographical area within a member state where radio equipment can be put into service , and shall alert the user to potential restrictions or requirements for authorisation of use in certain member states . such information shall be completed in the instructions accompanying radio equipment . the commission may adopt implementing acts specifying how to present this information . those implementing acts shall be adopted in accordance with the advisory procedure referred to in article 44 . ### information available on the packaging shall allow , in cases where there are restrictions to put radio equipment into service in at least one member state , to identify the member states or the geographical area within a member state where that radio equipment can be put into service . this information shall also alert the user in case of potential restrictions or requirements for authorisation of use in certain member states . such information shall be completed in the instructions accompanying radio equipment . the commission may adopt implementing acts specifying how to present this information . those implementing acts shall be adopted in accordance with the advisory procedure referred to in article 44 .


### manufacturers shall indicate their name , registered trade name or registered trade mark and the address at which they can be contacted on radio equipment or , where the size or nature of radio equipment does not allow it , on its packaging , or in a document accompanying radio equipment . the address must indicate a single point at which the manufacturer can be contacted . ### manufacturers shall indicate on radio equipment their name , registered trade name or registered trade mark and the postal address at which they can be contacted or , where that is not possible , on its packaging , or in a document accompanying radio equipment . the address shall indicate a single point at which the manufacturer can be contacted . the contact details shall be in the language easily understood by end - users and market surveillance authorities .


### no &#8230 ; : ### no . . . :


### venture capital provides finance to undertakings that are generally very small , in the initial stages of their corporate existence and display a strong potential for growth and expansion . in addition , venture capital funds provide these undertakings with valuable expertise and knowledge , business contacts , brand - equity and strategic advice . by providing finance and advice to these undertakings , venture capital funds stimulates economic growth , contribute to the creation of jobs , boost innovative undertakings , increase their investment in research and development and foster entrepreneurship , innovation and competitiveness in the union . ### venture capital provides finance to undertakings that are generally very small , in the initial stages of their corporate existence and display a strong potential for growth and expansion . although venture capital funds often invest in start - up undertakings , there are instances where it is appropriate to make transformative investments in undertakings that have been established for more than five years . in addition , venture capital funds provide these undertakings with valuable expertise and knowledge , business contacts , brand - equity and strategic advice . by providing finance and advice to these undertakings , venture capital funds stimulate economic growth , contribute to the creation of jobs , boost innovative undertakings , increase their investment in research and development and foster entrepreneurship , innovation and competitiveness in the union .


### ' qualifying venture capital fund ' means a collective investment undertaking that invests at least 70 percent of its aggregate capital contributions and uncalled committed capital in assets that are qualifying investments ; ### ' qualifying venture capital fund ' means a collective investment undertaking that invests at least 55&#160 ; % of its aggregate capital contributions drawn down for investment purposes in assets that are qualifying investments or in cash ;


### ' electrical and electronic equipment ' or ' eee ' means equipment which is dependent on electric currents or electromagnetic fields in order to work properly and equipment for the generation , transfer and measurement of such currents and fields falling under the categories set out in annex i&#160 ; of directive 20xx / xx / ec and designed for use with a voltage rating not exceeding 1000 volt for alternating current and 1500 volt for direct current ; ### ' electrical and electronic equipment ' means equipment which is dependent on electric currents or electromagnetic fields in order to work properly and equipment for the generation , transfer and measurement of such currents and fields which is designed for use with a voltage rating not exceeding 1000 volts for alternating current and 1500 volts for direct current ;


### by 31 december 2012 at the latest the european parliament and the council shall re - examine the collection rate and target date referred to in paragraph 1 also in view of setting a possible separate collection target for cooling and freezing equipment , on the basis of a report of the commission accompanied by a proposal , if appropriate . ### by 31 december 2012 at the latest the european parliament and the council shall re - examine the collection target and target date referred to in paragraph 1 also in view of setting possible separate collection targets in particular for equipment containing ozone depleting substances or global warming substances such as cooling and freezing appliances , as well as for small appliances , and equipment containing mercury such as fluorescent lamps , on the basis of a report of the commission accompanied by a proposal , if appropriate .


### the commission shall review the effects of this directive on the internal market and on the uptake of electronic invoicing in public procurement and report thereon to the european parliament and the council by 30 june 2023 . where appropriate , the report shall be accompanied by a legislative proposal . ### the commission shall review the effects of this directive on the internal market and on the uptake of electronic invoicing in public procurement and report thereon to the european parliament and the council by 30 june 2023 . where appropriate , the report shall be accompanied by cost - benefit analysis relating to the need of a further action .


### this directive shall apply to electronic invoices issued as a result of the performance of contracts awarded in accordance with directive [ replacing directive 2004 / 18 / ec ] , directive [ replacing directive 2004 / 17 / ec ] , or directive 2009 / 81 / ec . ### this directive shall apply to electronic invoices issued as a result of the performance of contracts to which directive [ replacing directive 2004 / 18 / ec ] , directive [ replacing directive 2004 / 17 / ec ] , or directive 2009 / 81 / ec apply . article 4 of this directive shall not apply where the contracting authority or contracting entity considers it necessary in the interests of security to use invoice formats or impose other invoicing requirements incompatible with this directive or to article 16 of directive 2009 / 81 / ec .


### ' electronic invoice ' means an invoice that has been issued and received in any electronic format ; ### ' electronic invoice ' means an invoice that has been issued , transmitted and received in any electronic format which allows for its electronic processing ;


### member states shall bring into force the laws , regulations and administrative provisions necessary to comply with this directive by 48 months following the entry into force at the latest . they shall forthwith communicate to the commission the text of those provisions . ### member states shall bring into force the laws , regulations and administrative provisions necessary to comply with this directive by 18 months from the date of publication of the references of the european standard in the official journal of the european union at the latest . member states shall forthwith communicate the text of these provisions to the commission . member states shall apply these laws , regulations and administrative provisions to central government authorities and central procurement entities from the first day of the 19th month following publication of the references of the european standard in the official journal of the european union . member states shall apply these laws , regulations and administrative provisions to sub - central public contracting authorities and contracting entities from the first day of the 37th month following publication of the references of the european standard in the official journal of the european union .


### the esf should contribute to the europe 2020 strategy , ensuring greater concentration of support on the priorities of the european union . the esf should in particular increase its support for the fight against social exclusion and poverty , through a minimum ring - fenced allocation . according to the level of development of the supported regions , the choice and number of investment priorities for esf support should also be limited . ### the esf should contribute to the europe 2020 strategy and should allow sufficient flexibility for member states to use the fund to address their own specific bottlenecks with regard to achieving the europe 2020 objectives , thus ensuring greater concentration of support on the priorities of the european union . the esf should in particular increase its support for the fight against social exclusion and poverty , by refocusing funding on growth , creating employment opportunities and addressing important skills mismatches . according to the level of development of the supported regions , the choice and number of investment priorities for esf support should also be limited


### support for social innovation is crucial for making policies more responsive to social change and to encourage and support innovative social enterprises . in particular , testing and evaluating innovative solutions before scaling them up is instrumental in improving the efficiency of the policies and thus justifies specific support from the esf . ### support for social innovation is crucial for making policies more responsive to social change and to encourage and support innovative social enterprises and entrepreneurs . in particular , testing and evaluating innovative solutions before scaling them up is instrumental in improving the efficiency of the policies and thus justifies specific support from the esf .


### efficient and effective implementation of actions supported by the esf depends on good governance and partnership between all relevant territorial and socio - economic actors , in particular the social partners and non - governmental organisations . it is therefore necessary that member states encourage the participation of social partners and non - governmental organisations in the implementation of the esf . ### efficient and effective implementation of actions supported by the esf depends on good governance and partnership between all relevant territorial and socio - economic actors .


### at the same time , it is crucial to support the development and competitiveness of european small and medium - sized enterprises and to ensure that people can adapt , through acquiring appropriate skills and through lifelong learning opportunities , to new challenges such as the shift to a knowledge - based economy , the digital agenda , and the transition to a low - carbon and more energy - efficient economy . by pursuing its primary thematic objectives , the esf should contribute to addressing these challenges . in this context , the esf should support the labour force transition towards greener skills and jobs , in particular in the energy efficiency , renewable energy and sustainable transport sectors , taking into account the union ' s intention to increase the proportion of the eu budget that is related to climate mainstreaming to at least 20% , with contributions from different policy fields . ### at the same time , it is crucial to support the development and competitiveness of european small , medium and micro - sized enterprises and to ensure that people can adapt , through acquiring appropriate skills and through lifelong learning opportunities , to new challenges such as the shift to a knowledge - based economy , the digital agenda , and the transition to a low - carbon and more energy - efficient economy . by pursuing its primary thematic objectives , the esf should contribute to addressing these challenges . in this context , the esf should support the transition from education to employment and also between jobs and address growing skills shortages , therefore creating employment opportunities , in particular in the energy efficiency , renewable energy and sustainable transport sectors , taking into account the union ' s intention to increase the proportion of the eu budget that is related to climate mainstreaming to at least 20% , with contributions from different policy fields .


### it shall do so by supporting member states in pursuing the priorities and headline targets of the europe 2020 strategy for smart , sustainable and inclusive growth . the esf shall support the design and implementation of policies and actions , taking account of the integrated guidelines for the economic and employment policies of member states19 and the council recommendations on the national reform programmes . ### it shall do so by supporting member states in pursuing the priorities and headline targets of the european union by allowing sufficient flexibility for member states to address their specific bottlenecks with regard to achieving the europe 2020 objectives of smart , sustainable and inclusive growth . the esf shall support the design and implementation of policies and actions , taking account of the integrated guidelines for the economic and employment policies of member states19 and the council recommendations on the national reform programmes .


### the european union is confronted with structural challenges arising from economic globalisation , technological change and an increasingly ageing workforce and growing skills and labour shortages in some sectors and regions . they have been compounded by the recent economic and financial crisis , which has resulted in increased levels of unemployment , hitting in particular young people and other vulnerable groups , such as migrants . the esf should aim to promote employment and support labour mobility , invest in education , skills and life - long learning , promote social inclusion and combat poverty . in promoting the better functioning of labour markets by enhancing the transnational geographical mobility of workers , the esf should , in particular , support european employment services in relation to recruitment and the related information , advice and guidance services at national and cross - border level . ### the european union is confronted with structural challenges arising from economic globalisation , technological change and an increasingly ageing workforce , growing skills mismatches and labour shortages in some sectors and regions . they have been compounded by the recent economic and financial crisis , which has resulted in increased levels of unemployment , hitting in particular young people and other vulnerable groups , such as migrants . the esf should aim to promote employment and support labour mobility , invest in education , skills and life - long learning , all of which will contribute to greater social inclusion and poverty reduction . in promoting the better functioning of labour markets by enhancing the transnational geographical mobility of workers , the esf should , in particular , support european employment services to complement national employment services in relation to recruitment and the related information , advice and guidance services at national and cross - border level .


### the imposition of the visa requirement on the nationals of dominica , grenada , kiribati , marshall islands , micronesia , nauru , palau , saint lucia , saint vincent and the grenadines , samoa , solomon islands , timor - leste , tonga , trinidad and tobago , tuvalu and vanuatu is no longer justified . these countries do not present any risk of illegal immigration or a threat to public policy for the union in accordance with the criteria set out in recital 5 of regulation n° 539 / 2001 . consequently , nationals of those countries should be exempt from the visa requirement for stays of no more than three months in all and references to those countries should be transferred to annex ii . ### the imposition of the visa requirement on the nationals of dominica , grenada , kiribati , marshall islands , micronesia , nauru , palau , saint lucia , saint vincent and the grenadines , samoa , solomon islands , timor - leste , tonga , trinidad and tobago , tuvalu , the united arab emirates and vanuatu is no longer justified . these countries do not present any risk of illegal immigration or a threat to public policy for the union in accordance with the criteria set out in recital 5 of regulation n° 539 / 2001 . consequently , nationals of those countries should be exempt from the visa requirement for stays of no more than three months in all and references to those countries should be transferred to annex ii .


### exemption from the visa requirement for nationals of dominica , grenada , kiribati , marshall islands , micronesia , nauru , palau , saint lucia , saint vincent and the grenadines , samoa , solomon islands , timor - leste , tonga , trinidad and tobago , tuvalu and vanuatu should not come into force until bilateral agreements on visa waiver between the union and the countries concerned have been concluded in order to ensure full reciprocity . ### exemption from the visa requirement for nationals of dominica , grenada , kiribati , marshall islands , micronesia , nauru , palau , saint lucia , saint vincent and the grenadines , samoa , solomon islands , timor - leste , tonga , trinidad and tobago , tuvalu , the united arab emirates and vanuatu should not come into force until bilateral agreements on visa waiver between the union and the countries concerned have been concluded in order to ensure full reciprocity .


### ' tuvalu* ' and ' vanuatu* ' ### ' tuvalu* ' , ' united arab emirates* ' and ' vanuatu* '


### in point 1 , the references to dominica , grenada , kiribati , marshall islands , micronesia , nauru , palau , saint lucia , saint vincent and the grenadines , samoa , solomon islands , timor - leste , tonga , trinidad and tobago , tuvalu and vanuatu are deleted and a reference to south - sudan is inserted ; ### in point 1 , the references to dominica , grenada , kiribati , marshall islands , micronesia , nauru , palau , saint lucia , saint vincent and the grenadines , samoa , solomon islands , timor - leste , tonga , trinidad and tobago , tuvalu , the united arab emirates and vanuatu are deleted and a reference to south - sudan is inserted ;


### the risk management plans shall take into account the national risk assessments and other relevant risk assessment and shall be coherent with other relevant plans in force in that member state . ### the risk management plans shall take into account the national risk assessments and other relevant risk assessment and shall be coherent with other relevant plans in force in that member state . member states must develop a strategy for coordinating risk management planning in cross - border regions .


### the union civil protection mechanism shall aim to support , coordinate and supplement the actions of the member states in the field of civil protection in improving the effectiveness of systems for preventing , preparing for and responding to natural and man - made disasters . ### the union civil protection mechanism shall aim to strengthen cooperation between member states and the union in the field of civil protection in order to improve the effectiveness of systems for preventing , preparing for and responding to natural and man - made disasters .


### the risk management plans shall take into account the national risk assessments and other relevant risk assessment and shall be coherent with other relevant plans in force in that member state . ### the description of their risk management capabilities shall take into account the national risk assessments , where applicable , and other relevant risk assessment and shall be coherent with other relevant plans in force in that member state .


### in order to ensure an effective cooperation within the mechanism , members states shall communicate to the commission their risk management plans . ### in order to ensure an effective cooperation within the mechanism , members states shall communicate to the commission a description of their risk management capabilities .


### developing response capacities at union level , where it is more cost - effective , that can serve as a common buffer against shared risks . ### facilitating access to or developing response capacities at union level , when it is more cost - effective , that can serve as a common buffer against shared risks .


### the union intervention enhances prevention , preparedness and response capacity of member states to face major disasters minimising human and material loss . the objective of this decision cannot be sufficiently achieved by member states operating alone and can be better achieved at union level by reason of the scale or effects of the proposed action . ### the union intervention enhances prevention , preparedness and response capacity of member states to face major disasters minimising human and material loss where appropriate . the objective of this decision cannot always be sufficiently achieved by member states operating alone and can sometimes be better achieved at union level by reason of the scale or effects of the proposed action .


### to enhance the union ' s state of preparedness to respond to disasters ; ### to enhance the member states ' and the european union ' s state of preparedness to respond to disasters ;


### member states shall ensure by the end of 2016 at the latest that their risk management plans are ready and communicated to the commission in their most up - to - date form . ### member states shall ensure by the end of 2016 at the latest that descriptions of their risk management capabilities are ready and communicated to the commission in their most up - to - date form .


### establish and regularly update an overview of natural and man - made risks the union may face taking into account the future impact of climate change ; ### establish and regularly update an overview of natural and man - made disasters the union may face taking into account the future impact of climate change ;


### take action to improve the knowledge base on disaster risks and facilitate the sharing of knowledge , best practices and information ; ### take action to improve the knowledge base on disaster risks and facilitate the sharing of knowledge , best practices and information , both at european level and among member states at macro - or sub - regional level , where territories face similar disaster risks ;


### establish and maintain a capability to provide logistical support and assistance for expert teams , modules and other response capacities deployed under the mechanism , as well as other actors on the ground ; ### establish and maintain a capability to provide logistical support and assistance for expert teams , modules and other response capacities deployed under the mechanism , which supports and complements the efforts of other actors on the ground including member states ;


### the exclusive rights for authors of reproduction and of making available to the public of their works , as harmonised under directive 2001 / 29 / ec of the european parliament and council of 22 may 2001 on the harmonisation of certain aspects of copyright and related rights in the information society , require the consent of the author prior to the digitisation and making available of a work . ### the exclusive rights for right holders of reproduction and of making available to the public of their works , as harmonised under directive 2001 / 29 / ec of the european parliament and council of 22 may 2001 on the harmonisation of certain aspects of copyright and related rights in the information society , require the consent of the author prior to the digitisation and making available of a work .


### creating a legal framework to facilitate the digitisation and dissemination of works for which no author is identified or , even if identified , is not located , so called orphan works , is a key action of the digital agenda for europe , as set out in the communication from the commission to the european parliament , the council , the european economic and social committee and the committee of regions – a digital agenda for europe . ### creating a legal framework to facilitate the digitisation and dissemination of works for which no right holder is identified or , even if identified , is not located , so called orphan works , is a key action of the digital agenda for europe , as set out in the communication from the commission to the european parliament , the council , the european economic and social committee and the committee of regions – a digital agenda for europe .


### in recognition of the disproportionate impacts on the smallest manufacturers resulting from compliance with specific emissions targets defined on the basis of the utility of the vehicle , high administrative burden of the derogation procedure and only marginal benefit in terms of avoided co2 from the vehicles sold by these manufacturers , producers responsible annually for less than 500 new passenger cars are excluded from the scope of the specific emissions target and the excess emissions premium . ### in recognition of the disproportionate impacts on the smallest manufacturers resulting from compliance with specific emissions targets defined on the basis of the utility of the vehicle , high administrative burden of the derogation procedure and only marginal benefit in terms of avoided co2 from the vehicles sold by these manufacturers , producers responsible annually for less than 1000 new passenger cars are excluded from the scope of the specific emissions target and the excess emissions premium .


### article 4 , article 8 and , article 9 and article 10 and shall not apply to a manufacturer which is responsible together with all of its connected undertakings for less than 500 new passenger cars registered in the eu in the previous calendar year . ### article 4 , article 8 and , article 9 and article 10 and shall not apply to a manufacturer which is responsible together with all of its connected undertakings for less than 1000 new passenger cars registered in the eu in the previous calendar year .


### member states shall ensure that victims may be heard during criminal proceedings and may supply evidence . ### member states shall ensure that all victims , taking special consideration of individual circumstances and specific needs where appropriate , may be heard during criminal proceedings and may supply evidence . every child should be treated as a capable witness , subject to examination , and his or her testimony should not be presumed invalid or untrustworthy by reason of the child ' s age alone as long as his or her age and maturity allow the giving of intelligible and credible testimony with or without appropriate communication aids and tools .


### the promoter of a project of common interest falling under the categories set out in points 1 to and 2 of annex ii shall keep all concerned national regulatory authorities regularly informed of the progress of that project and the identification of costs and impacts associated with it . as soon as a project of common interest selected pursuant to and falling under the categories set out in points 1 to and 2 of annex ii has reached sufficient maturity , the project promoter shall submit an investment request including a cross - border cost allocation , to the relevant national regulatory authorities , accompanied by the following : ### the promoter of a project of common interest falling under the categories set out in points 1 , and and 2 of annex ii shall keep all concerned national regulatory authorities regularly informed of the progress of that project and the identification of costs and impacts associated with it . as soon as the project has reached sufficient maturity , the project promoter shall submit an investment request including a cross - border cost allocation , to the relevant national regulatory authorities , accompanied by the following :


### the investment costs related to a project of common interest falling under the categories set out in points 1 to and 2 of annex ii shall be borne by the transmission system operator of the member state to which the project provides a net positive impact , and be paid for by network users through tariffs for network access . ### the investment costs related to a project of common interest falling under the categories set out in points 1 , and of annex ii shall be borne by the transmission system operator of the member state to which the project provides a net positive impact , and be paid for by network users through tariffs for network access . 1bis . the investment costs related to a project of common interest falling under the categories set out in points 2 of annex ii shall be borne by either the transmission system operator , the storage system operator in case of regulated storage facilities or the lng system operator of the member state to which the project provides a net positive impact , and be paid for by network users through tariffs for network access .


### the project displays economic , social and environmental viability ; and ### the project is viable according to economic , social and environmental criteria ; and


### for electricity storage , the project provides storage capacity allowing a net annual electricity generation of at least 500 gigawatt - hours ; ### for electricity storage , the project has an installed capacity of at least 100 megawatt


### projects of common interest falling under the categories set out in points 1 to and 2 of annex ii , except for hydro - pumped electricity storage projects , shall be also eligible for union financial support in the form of grants for works in accordance with the provisions of [ regulation of the european parliament and the council establishing the connecting europe facility ] , if they are carried out according to the procedure referred to in paragraph 6 of article 5 or if they fulfil the following criteria : ### projects of common interest falling under the categories set out in points 1 to , 2 and 3 of annex ii , except for hydro - pumped electricity storage projects , shall be also eligible for union financial support in the form of grants for works in accordance with the provisions of [ regulation of the european parliament and the council establishing the connecting europe facility ] , if they are carried out according to the procedure referred to in paragraph 6 point of article 5 or if they fulfil the following criteria :


### projects of common interest falling under the categories set out in points 1 , 2 and 4 of annex ii are eligible for union financial support in the form of grants for studies and financial instruments in accordance with the provisions of [ regulation of the european parliament and the council establishing the connecting europe facility ] . ### projects of common interest falling under the categories set out in point 2 of annex ii are eligible for union financial support in the form of grants for studies and works and financial instruments in accordance with the provisions of [ regulation of the european parliament and the council establishing the connecting europe facility ] , if they are carried out in the parts of gas infrastructure sectors where the provisions on unbundling of directive 2009 / 73 / ec concerning common rules for the internal market in natural gas are implemented , including in those member states where derogations are applied in this regard . projects of common interest falling under the categories set out in points 1 , 2 and 4 of annex ii are eligible for union financial support in the form of grants for studies and financial instruments in accordance with the provisions of [ regulation of the european parliament and the council establishing the connecting europe facility ] .


### the commission shall establish a union - wide list of projects of common interest . the list shall be reviewed and updated as necessary every two years . the first list shall be adopted by 31 july 2013 at the latest . ### the commission , in consultation with the member states , shall establish a union - wide list of projects of common interest . the list shall be reviewed and updated as necessary every two years . the first list shall be adopted by 31 july 2013 at the latest .


### for gas storage or liquefied / compressed natural gas , the project aims at supplying directly or indirectly at least two member states or at fulfilling the infrastructure standard at regional level in accordance with article 6 of regulation no 994 / 2010 ; ### for gas storage or lng / cng , the project aims at supplying directly or has the ability to supply indirectly at least two member states or at fulfilling the infrastructure standard at regional level in accordance with article 6 of regulation no 994 / 2010 ;


### projects of common interest falling under the categories set out in points 1 to and 2 of annex ii , except for hydro - pumped electricity storage projects , shall be also eligible for union financial support in the form of grants for works in accordance with the provisions of [ regulation of the european parliament and the council establishing the connecting europe facility ] , if they are carried out according to the procedure referred to in paragraph 6 of or if they fulfil the following criteria : ### projects of common interest falling under the categories set out in points 1 to and 2 of annex ii , shall be also eligible for union financial support in the form of grants for works in accordance with the provisions of [ regulation of the european parliament and the council establishing the connecting europe facility ] , if they are carried out according to the procedure referred to in paragraph 6 of or if they fulfil the following criteria :


### north - south gas interconnections in central eastern and south eastern europe : regional gas connections between the baltic sea region , the adriatic and aegean seas and the black sea , notably to enhance diversification and security of gas supply ; ### north - south gas interconnections in central eastern and south eastern europe : regional gas infrastructure between the baltic sea region , the adriatic and aegean seas and the black sea , notably to enhance diversification and security of gas supply ;


### within one month of the entry into force of this regulation , the entso for electricity and the entso for gas shall submit to the agency and the commission their respective methodology , including on network and market modelling , for a harmonised energy system - wide cost - benefit analysis at union - wide level for projects of common interest falling under the categories set out in points 1 to and 2 of annex ii . the methodology shall be elaborated in line with the principles laid down in annex v . ### within twelve months of the entry into force of this regulation , the entso for electricity and the entso for gas , after formally consulting the organisations representing all relevant stakeholders , shall submit to the agency and the commission their respective methodologies , for a harmonised energy system - wide cost - benefit analysis at union - wide level to be applied by entsos through their union - wide ten year network development plans as well as for project - specific analysis to be applied by project promoters for their projects of common interest falling under the categories set out in points 1 to and 2 of annex ii . the methodology shall be elaborated in line with the principles laid down in annex v and be consistent with the rules and indicators set out in annex iv .


### each group shall draw up its proposed list of projects of common interest according to the process set out in section 2 of annex iii , according to the contribution of each project to implementing the energy infrastructure priority corridors and areas set out in annex i and according to their fulfilment of the criteria set out in article 4 . each individual proposal for a project shall require the approval of the member state , to the territory of which the project relates . ### each group shall draw up its list of projects of common interest according to the process set out in section 2 of annex iii , indicating to the contribution of each project to the implementation of the energy infrastructure priority corridors and areas set out in annex i and according to their fulfilment of the criteria set out in article 4 . each individual proposal for a project shall require the approval of the member state , to the territory of which the project relates . the group decides by consensus .


### for electricity storage , the project provides storage capacity allowing a net annual electricity generation of at least 500 gigawatt - hours ; ### for electricity storage , the project provides storage capacity allowing a net annual electricity generation of at least 500 gigawatt - hours or [ x ] % of the annual electricity generation of the member state , whichever is lower ;


### products presenting a risk ### non - compliant products and products presenting a risk


### market surveillance authorities should be given the power to destroy products , render inoperable or order their destruction by the relevant economic operator , if they deem it necessary and proportionate to ensure that such goods cannot pose any further threats . ### market surveillance authorities should be given the power to destroy products , render inoperable or order their destruction or withdrawal by the relevant economic operator , operating online or offline , if they deem it necessary and proportionate to ensure that such goods cannot pose any further threats or to avoid making illicit products available on the market .


### regardless whether the risk assessment shows that the product in fact presents a risk , market surveillance authorities shall require the economic operator to rectify the formal non - compliance . if the economic operator fails to do so , market surveillance authorities shall ensure that the product is withdrawn or recalled . ### regardless whether the risk assessment shows that the product in fact presents a risk , market surveillance authorities shall require the economic operator to rectify the formal non - compliance . if the economic operator fails to do so , market surveillance authorities may , if appropriate , withdraw or recall the product in question until the non - compliance is rectified .


### ‘ product presenting a risk’ means a product having the potential to affect adversely health and safety of persons in general , health and safety in the workplace , consumer protection , the environment and public security as well as other public interests to a degree which goes beyond that considered reasonable and acceptable under the normal or reasonably foreseeable conditions of use of the product concerned , including the duration of use and , where applicable , its putting into service , installation and maintenance requirements ; ### ‘ product presenting a risk’ means a product which has the potential to affect adversely health and safety of persons in general , including those involved in the manufacturing process , health and safety in the workplace , workers ' rights through non - compliance with fundamental ilo conventions , consumer protection , the environment , protection of intellectual property rights and public security , including in the country where the product was produced and / or processed , as well as other public interests to a degree which goes beyond that considered reasonable and acceptable under the normal or reasonably foreseeable conditions of use of the product concerned , including the duration of use and , where applicable , its putting into service , installation and maintenance requirements ;


### it is necessary to lay down methods for the sampling and analysis of textile products in order to exclude any possibility of objections to the methods used . the methods used for official tests carried out in the member states to determine the fibre composition of textile products composed of binary and ternary fibre mixtures should be uniform , as regards both the pre - treatment of the sample and its quantitative analysis . it is appropriate that the methods set out to that end in this regulation be turned into harmonised standards . therefore , the commission should manage the transition from the current system , which is based on the methods set out in this regulation , to a harmonised standard - based system . the use of uniform methods of analysis of textile products composed of binary and ternary fibre mixtures will facilitate the free movement of those products , and thereby improve the functioning of the internal market . ### it is necessary to lay down methods for the sampling and analysis of textile products in order to exclude any possibility of objections to the methods used . the methods used for official tests carried out in the member states to determine the fibre composition of textile products composed of binary and ternary fibre mixtures should be uniform , as regards both the pre - treatment of the sample and its quantitative analysis . in order to simplify this regulation and adapt the uniform methods set out therein to technical progress , it is appropriate that those methods be turned into harmonised standards . to that end , the commission should manage the transition from the current system , which is based on the methods set out in this regulation , to a harmonised standard - based system . the use of uniform methods of analysis of textile products composed of binary and ternary fibre mixtures will facilitate the free movement of those products , and thereby improve the functioning of the internal market .


### council position 3 . this regulation shall not apply to textile products which are contracted out to persons working in their own homes , or to independent firms that make up work from materials supplied without the property therein being transferred for consideration . ### this regulation shall not apply to textile products which are made up by self - employed tailors who work from their own homes or run independent firms .


### member states shall ensure that the savings claimed by obligated parties are calculated in accordance with annex v . they shall put in place control systems under which at least a statistically significant proportion of the energy efficiency improvement measures put in place by the obligated parties is independently verified . ### member states shall ensure that the gains claimed by obligated parties are calculated and verified in accordance with common general measurement and verification criteria plus country - specific rules . the common general measurement and verification criteria will be defined by the commission in a future act . where the obligation scheme is financed via energy tariffs , national energy regulatory authorities should have a direct role in defining the technical and economic regulation governing the scheme , as well as in administering it , with the support of third parties where needed . they shall put in place control systems under which at least a statistically significant proportion of the energy efficiency improvement measures put in place by the obligated parties is independently verified .