### for the purpose of this regulation : ' document ' means any content whatever its medium drawn - up by an institution and formally transmitted to one or more recipients or otherwise registered , or received by an institution ; data contained in electronic storage , processing and retrieval systems are documents if they can be extracted in the form of a printout or electronic - format copy using the available tools for the exploitation of the system ; ' third party ' means any natural or legal person , or any entity outside the institution concerned , including the member states , other community or non - community institutions and bodies and third countries . ### for the purpose of this regulation : ' document ' shall mean any content whatever its medium concerning a matter relating to the policies , activities and decisions falling within the sphere of responsibility of a union institution , body , office or agency ; data contained in electronic storage , processing and retrieval systems constitute a document if they can be extracted using any reasonably available tools for the exploitation of the system concerned . an institution , body , office or agency that intends to create a new electronic storage system , or to substantially change an existing system , shall evaluate the likely impact on the right of access guaranteed by this regulation and act so as to promote the objective of transparency . the functions for the retrieval of information stored in electronic storage systems shall be adapted in order to satisfy repeated requests from the public which cannot be satisfied using the tools currently available for the exploitation of those systems ; ' classified documents ' shall mean documents which have been totally or partially classified in accordance with article 3a of this regulation ; ' legislative act ' shall for the purposes of this regulation include documents drawn up or received in the course of legislative procedures for the adoption of legislative acts , including measures of general application under delegated and implementing powers , and acts of general application which are legally binding in or on the member states ; ' administrative task ' shall mean measures dealing with organisational , administrative or budgetary matters which are internal to the institution , body , office or agency concerned ; ' archive system ' shall mean a tool or a procedure of the institutions , bodies , offices and agencies for managing in a structured way the filing of all their documents referring to an ongoing or recently concluded procedure ; ' historical archives ' shall mean that part of the archives of the institutions , bodies , offices or agencies which has been selected , on the terms laid down in point , for permanent preservation ; a detailed list of all the categories of acts covered by the definitions in points to shall be published in the official journal of the european union and on the internet sites of the institutions , bodies , offices and agencies , which shall also agree and publish their common criteria for archiving . ' third party ' shall mean any natural or legal person , or any entity outside the institution , body , office or agency concerned , including the member states , other union or non - union institutions and bodies and third countries .


### names , titles and functions of public office holders , civil servants and interest representatives in relation with their professional activities shall be disclosed unless , given the particular circumstances , disclosure would adversely affect the persons concerned . other personal data shall be disclosed in accordance with the conditions regarding lawful processing of such data laid down in ec legislation on the protection of individuals with regard to the processing of personal data . ### personal data shall not be disclosed if such disclosure would harm the privacy or the integrity of the person concerned . such harm shall not be deemed to be caused : - if the data relate solely to the professional activities of the person concerned unless , given the particular circumstances , there is reason to assume that disclosure would adversely affect that person ; - if the data relate solely to a public person unless , given the particular circumstances , there is reason to assume that disclosure would adversely affect that person or other persons connected with him or her ; - if the data have already been published with the consent of the person concerned . personal data shall nevertheless be disclosed if an overriding public interest requires disclosure . in such a case , the institution , body , office or agency concerned shall be required to specify the public interest . it shall give reasons why , in the specific case , the public interest outweighs the interests of the person concerned . where an institution , body , office or agency refuses access to a document on the basis of this paragraph , it shall consider whether it is possible to grant partial access to that document .


### any necessary additional information regarding the processing of personal data in relation to the provision of a private ecall service and / or other added value services . ### any necessary additional information regarding the processing of personal data


### taxes on profits ; ### taxes on profits and the effective tax rate applied ;


### member states shall require large undertakings and all public interest entities active in the extractive industry or the logging of primary forests to prepare and make public a report on payments made to governments on an annual basis . ### member states shall require all undertakings and public interest entities to prepare , have audited and make public a report on payments made to governments in their annual reports .


### where those payments have been attributed to a specific project the amount per type of payment , including payments in kind , made for each such project within a financial year , and the total amount of payments for each such project . ### for undertakings active in the extractive industry and the logging of primary forests , where those payments have been attributed to a specific project the amount per type of payment , including payments in kind , made for each such project within a financial year , and the total amount of payments for each such project .


### where those payments have been attributed to a specific project the amount per type of payment , including payments in kind , made for each such project within a financial year , and the total amount of payments for each such project . ### for undertakings active in the extractive industry and the logging of primary forests , where those payments have been attributed to a specific project , the amount per type of payment , including payments in kind , made for each such project within a financial year , and the total amount of payments for each such project .


### it is essential to ensure that effective and efficient criminal law measures protect the euro and any other currency whose circulation is legally authorised in an appropriate way in all member states . ### it is essential to ensure that member states take all necessary measures to protect the euro and any other currency whose circulation is legally authorised . such measures shall include preventive as well as enforcement measures .


### therefore , member states should provide for certain minimum types and levels of sanctions . the concept of minimum penalties is currently provided for in a majority of member states . it is consistent and appropriate to adopt this approach at union level . ### therefore , member states should provide for minimum levels of maximum penalties .


### member states should establish their jurisdiction in coherence with the geneva convention and the provisions on jurisdiction in other union criminal law legislation , that is to say , for offences committed on their territory and for offences committed by their nationals . the pre - eminent role of the euro for the economy and society of the european union as well as the specific threat to the euro as a currency of world - wide importance calls for an additional measure to protect it . therefore , each member state whose currency is the euro should exercise universal jurisdiction , for offences related to the euro committed outside the european union , if either the offender is in its territory or counterfeit euros related to the offence are detected in that member state . when exercising universal jurisdiction , member states should respect the principle of proportionality , in particular with regard to convictions by a third country for the same conduct . ### member states should establish their jurisdiction in coherence with the geneva convention and the provisions on jurisdiction in other union criminal law legislation , that is to say , for offences committed on their territory and for offences committed by their nationals , noting that offences are best dealt with by the criminal justice system of the state where they occur . the principle of ne bis in idem has to be respected , which means that no prosecution measures will be taken against those who have been finally convicted or acquitted in a previous trial .


### disclosure of evidence in the file of a competition authority that does not fall into any of the categories listed in paragraphs 1 or 2 of this article may be ordered in actions for damages at any time . ### disclosure of evidence in the file of a competition authority that is not covered under paragraphs 1 and 2 of this article may be ordered in actions for damages at any time , including evidence that exists irrespective of the proceedings of a competition authority .


### disclosure of evidence in the file of a competition authority that does not fall into any of the categories listed in paragraphs 1 or 2 of this article may be ordered in actions for damages at any time . ### disclosure of evidence in the file of a competition authority that is not covered under paragraphs 1 or 2 of this article may be ordered in actions for damages at any time , including evidence that exists irrespective of the proceedings of a competition authority .


### the purpose of this regulation is to improve the conditions for the establishment and the functioning of the internal market by making available a uniform set of contract law rules as set out in annex i . these rules can be used for cross - border transactions for the sale of goods , for the supply of digital content and for related services where the parties to a contract agree to do so . ### the purpose of this directive is to improve the conditions for the establishment and the functioning of the internal market by ensuring a high level of consumer protection which takes account of new technologies , too , by harmonising certain aspects of the laws , regulations and administrative provisions of the member states with regard to certain aspects of the obligation relating to the guarantee of conformity , related services and digital content in connection with contracts concluded between consumers and traders .


### in its notification , the member state shall justify why and clearly demonstrate how the decision impinges on its fiscal responsibilities . ### in its notification , the member state shall justify why and provide an impact assessment on how much the decision impinges on its fiscal responsibilities .


### where appropriate , the authority should consult interested parties on technical standards , guidelines and recommendations and provide them with a reasonable opportunity to comment on proposed measures . for reasons of efficiency , an insurance , reinsurance and occupational pension funds stakeholder group should be established for that purpose , representing in balanced proportions community insurance and reinsurance firms as well as occupational pension funds , their employees and consumers and other retail users of the insurance , reinsurance and occupational pension services , including smes . the insurance , reinsurance and occupational pension funds stakeholder group should actively work as an interface with other user groups in the financial services area established by the commission or community legislation . ### the authority should consult interested parties on technical standards , guidelines and recommendations and provide them with a reasonable opportunity to comment on proposed measures . before adopting draft technical standards , guidelines and recommendations the authority should carry out an impact assessment with a view to ensuring that the best practices for high - quality regulation are met . to provide effective external assistance , an insurance , reinsurance and occupational pension funds stakeholder group should be established , representing in balanced proportions union insurance and reinsurance firms and insurance intermediaries as well as occupational pension funds , trade unions , academics and consumers and other retail users of the insurance , reinsurance and occupational pension services , including smes . the insurance , reinsurance and occupational pension funds stakeholder group should actively work as an interface with other user groups in the financial services area established by the commission or by eu legislation .


### the insurance , reinsurance and occupational pension funds stakeholder group shall be composed of 30 members , representing in balanced proportions community insurance and reinsurance firms as well as occupational pension funds , their employees as well as consumers and users of the insurance , reinsurance and occupational pension services . ### the insurance , reinsurance and occupational pension funds stakeholder group shall be composed of 30 members , representing in balanced proportions eu insurance and reinsurance firms as well as occupational pension funds , trade unions and social organisations as well as consumers and users of insurance services . no stakeholders in the group shall have a stronger position than others . at least five of the members shall be independent scientists .


### the objective of the authority shall be to contribute to : improving the functioning of the internal market , including in particular a high , effective and consistent level of regulation and supervision , protecting policyholders and other beneficiaries , ensuring the integrity , efficiency and orderly functioning of financial markets , safeguarding the stability of the financial system , and strengthening international supervisory coordination . for this purpose , the authority shall contribute to ensuring the consistent , efficient and effective application of the community law referred to in article 1 above , fostering supervisory convergence and providing opinions to the european parliament , the council , and the commission . ### the objective of the authority shall be to contribute to : improving the functioning of the internal market , including in particular a high , effective and consistent level of regulation and supervision , protecting depositors and investors , ensuring the integrity , efficiency and orderly functioning of financial markets , safeguarding the stability of the financial system , strengthening international supervisory coordination , preventing regulatory arbitrage . for this purpose , the authority shall contribute to ensuring the consistent , efficient and effective application of the union law referred to in article 1 above , fostering supervisory convergence and providing opinions to the european parliament , the council , and the commission .


### the objective of the authority shall be to contribute to : improving the functioning of the internal market , including in particular a high , effective and consistent level of regulation and supervision , protecting policyholders and other beneficiaries , ensuring the integrity , efficiency and orderly functioning of financial markets , safeguarding the stability of the financial system , and strengthening international supervisory coordination . for this purpose , the authority shall contribute to ensuring the consistent , efficient and effective application of the community law referred to in article 1 above , fostering supervisory convergence and providing opinions to the european parliament , the council , and the commission . ### the objective of the authority shall be to contribute to : improving the functioning of the internal market , including in particular a high , effective and consistent level of regulation and supervision , protecting policyholders and other beneficiaries , ensuring the integrity , efficiency and orderly functioning of financial markets , safeguarding the stability of the financial system , strengthening international supervisory coordination , whilst taking account of the need to enhance competition and innovation within the internal market and to ensure global competitiveness , and preventing regulatory arbitrage and contributing to a level playing field . for this purpose , the authority shall contribute to ensuring the consistent , efficient and effective application of the eu legislation referred to in article 1 above , fostering supervisory convergence and providing opinions to the european parliament , the council , and the commission , and undertaking economic analyses of markets to promote the achievement of the authority’s objectives .


### close cooperation between the authority and the european systemic risk board is essential to give full effectiveness to the functioning of the european systemic risk board and the follow - up to its warnings and recommendations . the authority should share any relevant information with the european systemic risk board . data related to individual undertakings should be provided only upon reasoned request . upon receipt of warnings or recommendations addressed by the european systemic risk board to the authority or a national supervisory authority , the authority should ensure follow - up . ### close cooperation between the authority and the european systemic risk board is essential to give full effectiveness to the functioning of the european systemic risk board and the follow - up to its warnings and recommendations . the authority and the european systemic risk board should share any relevant information . upon receipt of warnings or recommendations addressed by the european systemic risk board to the authority or a national supervisory authority , the authority should ensure follow - up .


### the authority shall ensure that no decision adopted under articles 10 or 11 impinges in any way on the fiscal responsibilities of member states . ### the authority shall ensure that no decision adopted under articles 10 or 11 impinges directly on the fiscal responsibilities of member states .


### contribute to developing high quality and uniform supervisory standards , including reporting standards ; ### contribute to developing high quality and uniform supervisory standards , including reporting and accounting standards ;


### on the basis of the peer review the authority may issue recommendations to the national supervisory authorities concerned . ### on the basis of the peer review the authority may issue guidelines and recommendations pursuant to article 8 to the competent authorities concerned , or adopt a decision addressed to competent authorities or adopt draft technical standards in accordance with articles 7 to 7d .


### the insurance , reinsurance and occupational pension funds stakeholder group shall meet at least twice a year . ### the insurance , reinsurance and occupational pension funds stakeholder group shall meet at least four times a year .


### the european parliament may also call upon the chairperson to submit a report on the performance of his duties . ### an annual report on the authority ' s activities shall be submitted to the european parliament , which may call upon the chairperson at any time to submit a report on the performance of his duties .


### the objective of the authority shall be to contribute to : improving the functioning of the internal market , including in particular a high , effective and consistent level of regulation and supervision , protecting policyholders and other beneficiaries , ensuring the integrity , efficiency and orderly functioning of financial markets , safeguarding the stability of the financial system , and strengthening international supervisory coordination . for this purpose , the authority shall contribute to ensuring the consistent , efficient and effective application of the community law referred to in article 1 above , fostering supervisory convergence and providing opinions to the european parliament , the council , and the commission . ### the objective of the authority shall be to contribute to : improving the functioning of the internal market , including in particular a high , effective and consistent level of regulation and supervision , protecting depositors and investors , ensuring the integrity , efficiency and orderly functioning of financial markets , safeguarding the stability of the financial system , strengthening international supervisory coordination , developing common methodologies for assessing the effect of product characteristics and distribution processes on the financial position of institutions and on customer protection , with the aim to contributing to a level playing field . for this purpose , the authority shall contribute to ensuring the consistent , efficient and effective application of the union law referred to in article 1 above , fostering supervisory convergence and providing opinions to the european parliament , the council , and the commission .


### close cooperation between the authority and the european systemic risk board is essential to give full effectiveness to the functioning of the european systemic risk board and the follow - up to its warnings and recommendations . the authority should share any relevant information with the european systemic risk board . data related to individual undertakings should be provided only upon reasoned request . upon receipt of warnings or recommendations addressed by the european systemic risk board to the authority or a national supervisory authority , the authority should ensure follow - up . ### close cooperation between the authority and the european systemic risk board is essential to give full effectiveness to the functioning of the european systemic risk board and the follow - up to its warnings and recommendations . the authority and the european systemic risk board should share any relevant information . data related to individual undertakings should be provided only upon reasoned request . upon receipt of warnings or recommendations addressed by the european systemic risk board to the authority or a national supervisory authority , the authority should ensure follow - up , as appropriate .


### measures to protect child victims should be adopted in their best interest , taking into account an assessment of their needs . child victims should have easy access to legal remedies , including free legal counselling and representation and measures to address conflicts of interest where abuse occurs in the family . moreover , child victims should be protected from sanctions , for example under national legislation on immigration or prostitution , if they bring their case to the attention of competent authorities . furthermore , participation in criminal proceedings by child victims should not cause additional trauma as a result of interviews or visual contact with offenders . ### measures to protect victims under the age of 18 should be adopted in their best interest , taking into account an assessment of their needs . these measures should also include abuse prevention and should involve all those connected with education , including parents and associations acting in the interests of persons below the age of 18 years . victims under the age of 18 should have easy access to legal remedies , including free legal counselling and representation and measures to address conflicts of interest where abuse occurs in the family . moreover , victims below the age of 18 should be protected from sanctions , for example under national legislation on immigration or prostitution , if they bring their case to the attention of competent authorities . furthermore , participation in criminal proceedings by victims under the age of 18 should not cause additional trauma as a result of interviews or visual contact with offenders .


### commission proposal measures to protect child victims should be adopted in their best interest , taking into account an assessment of their needs . child victims should have easy access to legal remedies , including free legal counselling and representation and measures to address conflicts of interest where abuse occurs in the family . moreover , child victims should be protected from sanctions , for example under national legislation on immigration or prostitution , if they bring their case to the attention of competent authorities . furthermore , participation in criminal proceedings by child victims should not cause additional trauma as a result of interviews or visual contact with offenders . ### measures to protect victims below the age of 18 should be adopted in their best interest , taking into account an assessment of their needs . these victims should have easy access to legal remedies , including free legal counselling and representation and measures to address conflicts of interest where abuse occurs in the family . moreover , victims below the age of 18 should be protected from sanctions , for example under national legislation on immigration or prostitution , if they bring their case to the attention of competent authorities . furthermore , participation in criminal proceedings by victims below the age of 18 should not cause additional trauma as a result of interviews or visual contact with offenders .


### where the danger posed by the offenders and the possible risks of repetition of the offences make it appropriate , convicted offenders should be temporarily or permanently prevented from exercising activities involving regular contacts with children , where appropriate . implementation of such prohibitions throughout the eu should be facilitated . ### when repeat sexual offences against persons below the age of 18 years are either committed or attempted , temporary or permanent steps may be taken , under the supervision of a judicial authority , to avoid any regular professional contact between the offenders concerned and persons below the age of 18 years . implementation of such prohibitions throughout the eu should be facilitated .


### improving market access and developing trade , investment and business opportunities for european companies by means of economic partnerships and business and regulatory cooperation . this objective shall be measured by the union ' s share in foreign trade with key partner countries and by trade and investments flows to partner countries specifically targeted by actions , programmes and measures under this regulation ; ### supporting the establishment and expansion of fair bilateral economic , trade and investment relations , with a focus on promoting business opportunities for small and medium - sized enterprises by means of creating mutual market access support and information centres and by supporting regulatory cooperation through research , analysis and workshop schemes . this objective shall be measured by the market share of smes and fair trade , by trade and investments flows to and from partner countries specifically targeted by actions , programmes and measures under this regulation ;


### implementing the international dimension of the ' europe 2020 ' strategy by supporting union ' s bilateral , regional and inter - regional cooperation partnership strategies , by promoting policy dialogues and by developing collective approaches and responses to challenges of global concern such as energy security , climate change and environment . this objective shall be measured by the uptake of the ' europe 2020 ' policies and objectives by key partner countries ; ### supporting the union ' s bilateral , regional , inter - regional and multilateral cooperation partnership strategies in accordance with the principles guiding the union ' s external action , as laid down in the treaties . this objective includes the promotion of democracy , the respect for human rights and fundamental freedoms and the rule of law , as well as the promotion of decent work and good governance , the preservation of the environment , the promotion of policy dialogues and the development of collective approaches and responses to challenges of global concern such as renewable energies supply and climate change in order to contribute to progress and sustainable development processes in partner countries and regions and the union . regarding partner countries specifically targeted by actions , programmes and measures under this regulation , this objective shall be measured by the degree of reductions of human rights violations , by improvement in their human development index , improvement in their international labour organisation decent work indicators , by the increase of the share of renewable energies in their energy supply mix , and by the reduction of their climate relevant emissions ;


### enhancing widespread understanding and visibility of the union and its role on the world scene by means of public diplomacy , education / academic cooperation and outreach activities to promote union ' s values and interests . this objective may be measured , inter alia , by opinion surveys or evaluations . ### enhancing widespread understanding and visibility of the union and its role on the world scene by means of public diplomacy , education / academic cooperation and outreach activities to promote the union ' s values and interests . projects carried out in this regard should meet results - based criteria and also be measured , inter alia , by opinion surveys or evaluations .


### the union seeks to promote , develop and consolidate the principles of liberty , democracy , respect for human rights and fundamental freedoms and the rule of law on which it is founded by means of dialogue and cooperation with third countries . ### the union seeks to promote , develop and consolidate the values of respect for human dignity , freedom , democracy , equality , the rule of law and respect for human rights , including the rights of persons belonging to minorities , on which it is founded by means of dialogue and cooperation with third countries . these values are common to member states of the union in a society in which pluralism , non - discrimination , tolerance , justice , solidarity and equality between women and men prevail .


### it is in the union ' s interest to deepen its relations with partners who are playing an increasingly important role in the international economy and trade , in south - south trade and cooperation , in multilateral fora including group of twenty finance ministers and central bank governors , in global governance and in addressing challenges of global concern . the union needs to build comprehensive partnerships with new players on the international scene , in order to promote a stable and inclusive international order , pursue common global public goods , defend core interests of the union and increase knowledge of the union in these countries . ### it is in the union ' s interest to deepen its relations with partners who are playing an increasingly important role in the international economy and trade , in south - south trade and cooperation , in multilateral fora including group of twenty finance ministers and central bank governors , in global governance and in addressing challenges of global concern . the union needs to build comprehensive partnerships with new players on the international scene , in order to promote a stable and inclusive international order , address the issue of common global public goods , advance mutual interests and increase knowledge of the union in these countries .


### to facilitate enforcement , relevant designated third parties such as trade unions or other associations should be able to lodge complaints in order to ensure effective application of the directive . this is considered necessary to address situations where seasonal workers are unaware of the existence of enforcement mechanisms or hesitant to use these in their own name , out of fear of possible consequences . ### to facilitate enforcement of this directive , there should be effective mechanisms through which seasonal workers may lodge complaints directly or through relevant third parties such as trade unions or other associations . this is considered necessary to address situations where seasonal workers are unaware of the existence of enforcement mechanisms or hesitant to use these in their own name , out of fear of possible consequences . there should also be adequate judicial protection against victimisation of seasonal workers as a result of a complaint being made .


### each producer organisation may create a collective fund , which shall be used only to finance the following measures : ### each producer organisation may create a collective fund , which shall be used to finance the following measures :


### survey prices regularly along the union supply chain for fishery and aquaculture products and conduct analyses on market trends ; ### survey prices regularly along the union supply chain for fishery and aquaculture products and conduct analyses on market trends , and make the findings of those surveys and analyses public ;


### producer organisations are the key actors for the appropriate application of the common fisheries policy and the common market organisation . it is therefore necessary to strengthen their objectives to ensure that their members carry out fishing and aquaculture activities in a sustainable manner , improve the placing on the market of products , and collect economic information on aquaculture . when realising these objectives , producer organisations should take account the different conditions of the fishery and aquaculture sectors prevailing in the union , in particular the specificities of small - scale fisheries . ### producer organisations are the key actors for the appropriate application of the common fisheries policy and the common market organisation . it is therefore necessary to strengthen their objectives in order to ensure that their members carry out fishing and aquaculture activities in a sustainable manner , improve the placing on the market of products and collect environmental and economic information on aquaculture , whilst experiencing an improvement in their incomes . when realising these objectives , producer organisations should take into account the different conditions of the fishery and aquaculture sectors prevailing in the union , in particular the specificities of small - scale fisheries , and especially their greater environmental sustainability , which warrants support and positive discrimination in favour of this fleet segment within the cmo .


### in the case of fishery products caught at sea , the name of one of the areas , subareas or divisions listed in the fao fishing areas ; ### in the case of fishery products caught at sea , both the name and the distinctive number of one of the areas , subareas or divisions listed in the fao fishing areas ;


### contributing to food supply and employment in coastal and rural areas ; ### contributing to food supply , observing high food quality and safety standards , and to employment in coastal and rural areas ;


### promoting sustainable aquaculture activities of their members by providing opportunities for their development ; ### promoting viable and environmentally sustainable aquaculture activities of their members by providing opportunities for their development ;


### communication to the commission ### communication to the commission and publication of the list of producer organisations


### producer organisations are the key actors for the appropriate application of the common fisheries policy and the common market organisation . it is therefore necessary to strengthen their objectives to ensure that their members carry out fishing and aquaculture activities in a sustainable manner , improve the placing on the market of products , and collect economic information on aquaculture . when realising these objectives , producer organisations should take account the different conditions of the fishery and aquaculture sectors prevailing in the union , in particular the specificities of small - scale fisheries . ### producer organisations are the key actors for the appropriate application of the common fisheries policy and the common market organisation . it is therefore necessary to strengthen their objectives to ensure that their members carry out fishing and aquaculture activities in a sustainable manner , improve the placing on the market of products , see an improvement in their income , and collect economic information on aquaculture . when realising these objectives , producer organisations should take into account the different conditions of the fishery and aquaculture sectors prevailing in the union , in particular the specificities of small - scale fisheries , which warrant support and positive discrimination in favour of this fleet segment within the cmo .


### all fishery products landed , including those not complying with marketing standards , may be , under the responsibility of the member states , distributed free of charge to philanthropic or charitable institutions established in the union or to persons who are recognised by the legislation of the member state concerned as being entitled to public assistance . ### all fishery products landed , including those not complying with marketing standards , may be , under the responsibility of the member states , distributed free of charge to philanthropic or charitable institutions established in the union or to persons who are recognised by the legislation of the member state concerned as being entitled to public assistance . marketable catches shall be sold and a limited amount of compensation shall be paid to the fisherman and to the po in order to cover their handling costs . the remaining catches shall be transferred to national authorities and used for control and monitoring , as well as for the improving of knowledge base of marine environment and resources ;


### the products for which marketing standards have been laid down may be marketed for human consumption in the union only in accordance with those standards . ### the products for which marketing standards have been laid down may be marketed for human consumption in the union only in accordance with those standards . this provision shall also apply to all imported fishery and aquaculture products .


### other property of the convicted person , which was transferred to third parties in order to avoid confiscation of property the value of which corresponds to the proceeds . ### other property of the convicted person , which was transferred to third parties for the sole reason of avoiding confiscation of property the value of which corresponds to the assets .


### each member state shall take the necessary measures to ensure that the persons affected by the measures provided for under this directive have the right to an effective remedy and that suspects have the right to a fair trial , in order to preserve their rights . ### each member state shall take the necessary measures to ensure that the persons whose instrumentalities and proceeds of crime are confiscated under this directive , irrespective of their ownership at the time of confiscation , have the right to an effective remedy , including the right to a fair trial .


### the explicit wish of a minor who is capable of forming an opinion and assessing this information to refuse participation in , or to be withdrawn from , the clinical trial at any time , is duly taken into consideration by the investigator in accordance with his or her age and maturity ; ### the explicit wish of a minor who is capable of forming an opinion and assessing this information to refuse participation in , or to be withdrawn from , the clinical trial at any time , is duly taken into consideration by the investigator


### written information given to the subject and / or the legal representative for the purposes of obtaining his or her informed consent shall be kept concise , clear , relevant , and understandable to a lay person . it shall include both medical and legal information . it shall inform the subject about his or her right to revoke his or her informed consent . ### written information shall be given to the subject and / or the legal representative prior to the obtaining of his or her informed consent . it shall be kept concise , clear , relevant , and understandable to a lay person . it shall include both medical and legal information . it shall inform the subject about his or her right to revoke his or her informed consent at any time of the clinical trial .


### the sponsor shall propose one of the member states concerned as reporting member state . ### the member states concerned shall determine which state shall be the reporting member state according to an established procedure based on objective criteria which are set by the commission .


### within 10 days from the validation date for low - intervention clinical trials ; ### within 25 days , but no earlier than 15 days after receipt of the successfully validated application , for low - intervention clinical trials ;


### within 25 days from the validation date for clinical trials other than low - intervention clinical trials ; ### within 35 days but no earlier than 20 days after receipt of the successfully validated application for clinical trials other than low - intervention clinical trials ;


### for clinical trials other than low - intervention clinical trials , the sponsor shall ensure that compensation in accordance with the applicable laws on liability of the sponsor and the investigator is provided for any damage suffered by the subject . this damage compensation shall be provided independently of the financial capacity of the sponsor and the investigator . ### for clinical trials , the sponsor shall ensure that compensation in accordance with the applicable laws on liability of the sponsor and the investigator is provided for any damage suffered by the subject . this damage compensation shall be provided independently of the financial capacity of the sponsor and the investigator .


### ‘ substantial modification’ : any change to any aspect of the clinical trial which is made after notification of the decision referred to in articles 8 , 14 , 19 , 20 and 23 and which is likely to have a substantial impact on the safety or rights of the subjects or on the reliability and robustness of the data generated in the clinical trial ; ### ‘ substantial modification’ : any change to any aspect of the clinical trial which is made after notification of the decision referred to in articles 8 , 14 , 19 , 20 and 23 and which is likely to have a substantial impact on the safety , rights or well - being of the subjects or on the reliability and robustness of the data generated in the clinical trial ;


### fixed and variable components of total remuneration are appropriately balanced ; the fixed component represents a sufficiently high proportion of the total remuneration to allow the operation of a fully flexible bonus policy , including the possibility to pay no bonus ; ### fixed and variable components of total remuneration are appropriately balanced ; the fixed component represents a sufficiently high proportion of the total remuneration to allow the operation of a restrictive policy on variable remuneration components , including the possibility of paying no variable remuneration component ;


### because excessive and imprudent risk - taking may undermine the financial soundness of financial institutions and destabilise the banking system , it is important that the new obligation concerning remuneration policies and practices should be implemented in a consistent manner . it is therefore appropriate to specify core principles on sound remuneration to ensure that the structure of remuneration does not encourage excessive risk - taking by individuals and is aligned with the risk appetite , values and long - term interests of the institution . in order to ensure that the design of remuneration policies is integrated in the risk management of the financial institution , the management body of each credit institution or investment firm should establish the general principles to be applied , and the policies should be subject to at least annual independent internal review . ### because excessive and imprudent risk - taking may undermine the financial soundness of financial institutions and destabilise the banking system , it is important that the new obligation concerning remuneration policies and practices should be implemented in a consistent manner . it is therefore appropriate to specify clear and transparent core principles on sound remuneration , established with the involvement of staff members and their representatives within the firm , to ensure that the structure of remuneration does not encourage excessive risk - taking by individuals and is aligned with the risk appetite , values and long - term interests of the institution . in order to ensure that the design of remuneration policies is integrated in the risk management of the financial institution , the management body of each credit institution or investment firm should establish the general principles to be applied , and the policies should be subject to at least annual independent internal review . credit institutions and investment firms of significant size should set up independent remuneration committees as an integral part of their governance structure and organisation . remuneration committees should cooperate with the risk and compliance function in order to supervise the incentives created for managing risk , capital and liquidity .


### following the mid - term evaluation according to article 26 , the commission may transfer appropriations between the sectors of the allocation set out in paragraph 1 , with the exception of the eur 10 000 000 000 transferred from the cohesion fund to finance transport sector projects in the cohesion fund eligible member states . ### following the mid - term evaluation according to article 26 , the european parliament and the council may upon a proposal by the commission transfer appropriations between the sectors of the allocation set out in paragraph 1 , with the exception of the [ eur 10 000 000 000 ] transferred from the cohesion fund to finance transport sector projects in the cohesion fund eligible member states .


### following the mid - term evaluation according to article 26 , the commission may transfer appropriations between the sectors of the allocation set out in paragraph 1 , with the exception of the eur 10 000 000 000 transferred from the cohesion fund to finance transport sector projects in the cohesion fund eligible member states . ### following the mid - term evaluation according to article 26 , the commission may transfer , by delegated acts in accordance with article 25 appropriations between the sectors of the allocation set out in paragraph 1 , with the exception of the [ eur 10 000 000 000 ] transferred from the cohesion fund to finance transport sector projects in the cohesion fund eligible member states .


### removing bottlenecks and bridging missing links , to be measured by the number of new and improved cross - border connections and removed bottlenecks on transport routes which have benefited from the connecting europe facility ; ### removing bottlenecks and bridging missing links also by means of innovative its , to be measured by the number of improved or upgraded cross - border connections and removed bottlenecks on transport routes which have benefited from the connecting europe facility ;


### rail and inland waterways : the amount of union financial aid shall not exceed 20% of the eligible cost ; the funding rate may be increased to 30% for actions addressing bottlenecks ; the funding rate may be increased to 40% for actions concerning cross - border sections ; ### for rail and inland waterways and for road networks in the case of member states with no railway network established in their territory or in the case of a member state with an isolated network as defined in article 3 of regulation no xxxx / 2012 [ ten - t guidelines ] without long distance rail freight transport , 20% of the eligible cost ; the funding rate may be increased up to 30% for actions addressing bottlenecks ; the funding rate may be increased up to 40% for actions concerning cross - border sections and enhancing rail interoperability actions ;


### contribute to smart , sustainable and inclusive growth by developing modern and high performing trans - european networks , thus bringing forward benefits for the entire european union in terms of competitiveness and economic , social and territorial cohesion within the single market and creating an environment more conducive to private and public investment through a combination of financial instruments and union direct support and by exploiting synergies across the sectors . the achievement of this objective will be measured by the volume of public and private investment in projects of common interest , and in particular the volume of public and private investments in projects of common interest realised through the financial instruments under this regulation . ### contribute to smart , sustainable and inclusive growth by developing modern and high performing trans - european networks , thus bringing forward benefits for the entire european union in terms of economic , social and territorial cohesion within the single market through a combination of financial instruments and union direct support and by exploiting synergies across the sectors . the achievement of this objective will be measured by the effectiveness of investment in projects of common interest , and in particular in those projects of common interest realised through the financial instruments under this regulation .


### on 28 march 2011 , the commission adopted the white paper ' a roadmap to a single transport area ― towards a competitive and resource - efficient transport system ' . the white paper aims at reducting by at least 60% the greenhouse gas emissions of the transport sector by 2050 with respect to 1990 . as far as infrastructure is concerned , the white paper aims at establishing a fully functional and union - wide multimodal ten - t ‘ core network’ by 2030 . the white paper also aims at optimising the performance of multimodal logistic chains , including by making greater use of more energy - efficient modes . therefore , it sets the following relevant targets for ten - t policy : 30% of road freight over 300 km should shift to other modes by 2030 , and more than 50% by 2050 ; the length of the existing high - speed rail network should triple by 2030 and by 2050 the majority of medium - distance passenger transport should go by rail ; by 2050 , all core network airports should be connected to the rail network ; all seaports to the rail freight and , where possible , to the inland waterway system . ### on 28 march 2011 , the commission adopted the white paper ' a roadmap to a single transport area ― towards a competitive and resource - efficient transport system ' . while the white paper aims at reducting by at least 60% the greenhouse gas emissions of the transport sector by 2050 with respect to 1990 , the european parliament in its resolution calls to draw up legal rules to achieve a 20% reduction in emissions of co2 and other ghg from transport by 2020 . as far as infrastructure is concerned , the white paper aims at establishing a fully functional and union - wide multimodal ten - t ‘ core network’ by 2030 and the european parliament urges member states to commit themselves to eliminating the main known bottlenecks by 2020 in every transport mode by submitting an approved funding plan by 2015 . the white paper also aims at optimising the performance of multimodal logistic chains , including by making greater use of more energy - efficient modes .


### based on an analysis of the transport infrastructure plans of member states , the commission estimates that investment needs in transport amount to eur 500 billion in the entirety of the ten - t network for the period 2014 - 2020 , of which an estimated eur 250 billion will need to be invested in the core network of the ten - t . given the resources available at union level , concentration on the projects with the highest european added value is necessary to achieve the desired impact . support should therefore be focussed on the core network and on the projects of common interest in the field of traffic management systems . ### based on an analysis of the transport infrastructure plans of member states , the commission estimates that investment needs in transport amount to eur 500 billion in the entirety of the ten - t network for the period 2014 - 2020 , of which an estimated eur 250 billion will need to be invested in the core network of the ten - t .


### promoting the further integration of the internal energy market and the interoperability of electricity and gas networks across borders , including by ensuring that no member state is isolated from the european network , to be measured by the number of projects effectively interconnecting member states ' networks and removing internal bottlenecks ; ### promoting both the integration of the internal energy market and the interoperability of electricity and natural gas networks across borders and the deployment of domestic energy smart grids , by ensuring that no member state is isolated from the european network , to be measured by the number of projects effectively enhancing member states ' networks and removing internal bottlenecks ;


### contributing to sustainable development and protection of the environment , notably by fostering the integration of energy from renewable sources into the transmission network and developing carbon dioxide networks , to be measured by the transmission of renewable energy from generation to major consumption centres and storage sites , and the sum of co2 emissions prevented by the construction of the projects which benefited from cef . ### contributing to sustainable development and protection of the environment , notably by reducing greenhouse gas emissions and fostering the integration of energy from renewable sources into the transmission network , to be measured by the transmission of renewable energy from generation to major consumption centres and storage sites , and the sum of co2 emissions prevented by the construction of the projects which benefited from cef .


### rail and inland waterways : the amount of union financial aid shall not exceed 20% of the eligible cost ; the funding rate may be increased to 30% for actions addressing bottlenecks ; the funding rate may be increased to 40% for actions concerning cross - border sections ; ### rail and inland waterways and for road networks in the case of member states with no railway network established in their territory or in the case of a member state with an isolated network as defined in article 3 of regulation no xxx / 2012 [ ten - t guidelines ] without long distance rail freight transport , the amount of union financial aid shall not exceed 20% of the eligible cost ; the funding rate may be increased up to 30% for actions addressing bottlenecks ; the funding rate may be increased up to 40 % for actions concerning cross - border sections and enhancing rail interoperability actions ;


### no later than mid - 2018 , an evaluation report shall be established by the commission on the achievement of the objectives of all the measures , the efficiency of the use of resources and its european added value , in view of a decision on the renewal , modification or suspension of the measures . the evaluation shall additionally address the scope for simplification , its internal and external coherence , the continued relevance of all objectives , as well as the contribution of the measures to the union priorities of smart , sustainable and inclusive growth . it shall take into account evaluation results on the long - term impact of the predecessor measures . ### no later than 31 december 2017 an evaluation report shall be presented by the commission to the european parliament and the council on the achievement of the objectives of all the measures , the efficiency of the use of resources and its european added value , in view of a decision on the renewal , modification or suspension of the measures . the evaluation shall additionally address the scope for simplification , its internal and external coherence , the continued relevance of all objectives , as well as the contribution of the measures to the union priorities of smart , sustainable and inclusive growth . it shall take into account evaluation results on the long - term impact of the predecessor measures .


### enhancing union security of supply , to be measured by the evolution of system resilience and security of system operations as well as number of projects allowing diversification of supply sources , supplying counterparts and routes ; ### enhancing union security of supply , to be measured by the evolution of system resilience and security of system operations as well as number of projects allowing diversification and better domestic use of supply sources , supplying counterparts and routes ;


### contributing to sustainable development and protection of the environment , notably by fostering the integration of energy from renewable sources into the transmission network and developing carbon dioxide networks , to be measured by the transmission of renewable energy from generation to major consumption centres and storage sites , and the sum of co2 emissions prevented by the construction of the projects which benefited from the connecting europe facility . ### contributing to sustainable development and protection of the environment and public health , notably by fostering the integration of energy from renewable sources into the transmission network , to be measured by the transmission of renewable energy from generation to major consumption centres and storage sites , and the sum of co2 emissions prevented by the construction of the projects which benefited from the connecting europe facility .


### co - financing rates may be increased to a maximum of 80% for actions which based on the evidence referred to in article 15 of regulation no xxxx / 2012 [ guidelines for trans - european energy infrastructure ] , provide a high degree of regional or union - wide security of supply , or strengthen solidarity of the union or comprise highly innovative solutions . ### co - financing rates may be increased to a maximum of 50% for actions which based on the evidence referred to in article 15 of regulation no xxxx / 2012 [ guidelines for trans - european energy infrastructure ] , provide a high degree of regional or union - wide security of supply , strengthen solidarity of the union , support sustainable development and deployment of energy supply facilities from renewable sources or comprise highly innovative solutions .


### co - financing rates may be increased to a maximum of 80% for actions which based on the evidence referred to in article 15 of regulation no xxxx / 2012 [ guidelines for trans - european energy infrastructure ] , provide a high degree of regional or union - wide security of supply , or strengthen solidarity of the union or comprise highly innovative solutions . ### co - financing rates may be increased to a maximum of 60% for actions which based on the evidence referred to in points and of article 7provide a high degree of regional or union - wide security of supply , strengthen solidarity of the union and contribute to sustainable development and protection of the environment .


### the financial envelope of the connecting europe facility may cover expenses pertaining to , preparatory , monitoring , control , audit and evaluation activities which are required for the management of the programme and the achievement of its objectives , in particular studies , meetings of experts , as far as they are related to the general objectives of this regulation , expenses linked to it networks focusing on information processing and exchange , together with all other technical and administrative assistance expenses incurred by the commission for the management of the programme . the financial allocation may also cover the technical and administrative assistance expenses necessary to ensure the transition between the programme and the measures adopted under regulation no 680 / 2007 . if necessary , appropriations could be entered in the budget beyond 2020 to cover similar expenses , in order to enable the management of actions not yet completed by 31 december 2020 . ### the financial envelope of the connecting europe facility shall cover expenses pertaining to : actions in support of projects of common interest , as defined in article 7 of this regulation ; programme support actions , as defined in article 2 of this regulation , up to 1 . 5% ; the technical and administrative assistance expenses necessary to ensure the transition between the programme and the measures adopted under regulation no 680 / 2007 .


### the commission shall adopt multiannual and annual work programmes for each sector . the commission may also adopt multiannual and annual work programmes that cover more than one sector . those implementing acts shall be adopted in accordance with the examination procedure referred to in article 24 . ### the commission shall adopt multiannual and annual work programmes for each sector . the commission may also adopt multiannual and annual work programmes that cover more than one sector . those delegated acts shall be adopted in accordance with the examination procedure referred to in article 5 of this regulation .


### ‘ programme support actions’ means accompanying measures necessary for the implementation of the connecting europe facility and individual sector specific guidelines , such as services , as well as preparatory , feasibility , coordination , monitoring , control , audit and evaluation activities which are required directly for the management of this facility and the achievement of its objectives , and in particular studies , meetings , information , infrastructure mapping , twinning , dissemination , awareness raising and communication actions , expenses linked to it networks focusing on information exchange , together with all other technical and administrative assistance expenses that may be required for the management of this facility or implementation of the individual sector specific guidelines ; ### ‘ programme support actions’ means all accompanying measures necessary for the implementation of the connecting europe facility and individual sector specific guidelines , such as services , as well as preparatory , feasibility , coordination , monitoring , consultation of interested parties and stakeholders , control , audit and evaluation activities which are required directly for the management of this facility and the achievement of its objectives , and in particular studies , meetings , information , infrastructure mapping , twinning , dissemination , awareness raising and communication actions , expenses linked to it networks focusing on information exchange , together with all other technical and administrative assistance expenses that may be required for the management of this facility or implementation of the individual sector specific guidelines ;


### the commission shall adopt multiannual and annual work programmes for each sector . the commission may also adopt multiannual and annual work programmes that cover more than one sector . those implementing acts shall be adopted in accordance with the examination procedure referred to in article 24 . 2 . ### the commission shall adopt multiannual and annual work programmes for each sector . the commission may also adopt multiannual and annual work programmes that cover more than one sector . those delegated acts shall be adopted in accordance with the procedure referred to in article 25 of this regulation .


### member states shall ensure that in their contractual and commercial information , payment service providers use , where relevant , the terms and definitions contained in the list of the most representative payment services referred to in article 3 , paragraph 5 . ### member states shall ensure that in their contractual and commercial information , payment service providers use the terms and definitions contained in the list of all services linked to the payment account referred to in article 3 , paragraph 1 .


### member states shall ensure that a payment account with basic features includes the following payment services : ### member states shall ensure that a payment account with basic features includes the following services :


### send the receiving payment service provider the information indicated in points , and of paragraph 3 within seven calendar days of receiving the request ; ### send the receiving payment service provider the information indicated in points , and of paragraph 3 within seven business days of receiving the request ;


### member states shall ensure that payment service providers provide the consumer with a statement of all fees incurred on their payment account at least annually . ### member states shall ensure that payment service providers provide consumers , free of charge , with a statement on their payment account on a monthly and annual basis .


### member states shall ensure that in their contractual and commercial information , payment service providers use , where relevant , the terms and definitions contained in the list of the most representative payment services referred to in article 3 , paragraph 5 . ### member states shall ensure that in all communications to consumers , including contractual and marketing communications , payment service providers use , where applicable , the union standardised terminology contained in the complete list of the most representative payment services referred to in article 3 , paragraph 5 .


### member states should ensure that at least one payment service provider offers a payment account with basic features to consumers . access should not be overly difficult and should not entail excessive costs for consumers . in this respect , member states should consider factors such as the location of the designated payment service providers in their territory . in order to minimise the risk for consumers to become financially excluded , member states should improve financial education , including at school , and combat over - indebtedness . furthermore , member states should promote initiatives of payment service providers in order to facilitate the combination of providing payment accounts with basic features and financial education . ### member states should oblige payment service providers which provide payment accounts as an integral part of their regular business to offer a payment account with basic features to consumers . access should not be overly difficult and should not entail excessive costs for consumers . therefore , any exemptions should be based on objective and restrictive criteria and should not undermine the right of access for consumers . in order to minimise the risk for consumers to become financially excluded , member states should improve financial education , including at school , and combat over - indebtedness . furthermore , member states should promote initiatives of payment service providers in order to facilitate the combination of providing payment accounts with basic features and financial education .


### set up within seven calendar days the standing orders for credit transfers requested by the consumer and execute them from the date specified in the authorisation ; ### set up within seven business days the standing orders for credit transfers requested by the consumer and execute them from the date specified in the authorisation ;


### member states shall ensure that any financial loss incurred by the consumer resulting from the non - compliance of a payment service provider involved in the switching process with its obligations under article 10 is refunded by that payment service provider . ### member states shall ensure that any financial loss incurred by the consumer resulting from the non - compliance of a payment service provider involved in the switching process with its obligations under article 10 is refunded without undue delay by that payment service provider . the burden of proof shall rest with the payment service provider , which shall demonstrate that the conditions laid down in article 10 have been respected .


### consumers who are legally resident in the union and who do not hold a payment account in a certain member state should be in a position to open and use a payment account with basic features in that member state . in order to ensure the widest possible access to such accounts , consumers should have access to them irrespective of their financial circumstances , such as unemployment or personal bankruptcy , and of their place of residence . moreover , the right to access a payment account with basic features in any member state should be granted in conformity with the requirements set out in directive 2005 / 60 / ec of the european parliament and of the council of 26 october 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing , in particular with regard to customer due diligence procedures . ### consumers who are legally resident in the union and who do not hold a payment account in a certain member state should be in a position to open and use a payment account with basic features in that member state . member states should further ensure that the switching service provided for in this directive also applies to payment accounts with basic features . in order to ensure the widest possible access to such accounts , consumers should have access to them irrespective of their financial circumstances , such as unemployment or personal bankruptcy , and of their place of residence .


### ‘ receiving payment service provider’ means the payment service provider to which the information on all or some recurrent payments is transferred ; ### ' receiving payment service provider ' means the payment service provider to which the consumer switches the payment account ;


### member states shall ensure that before entering into a contract for a payment account with a consumer , payment service providers provide the consumer with a fee information document containing the list of the most representative services referred to in paragraph 5 of article 3 and the corresponding fees for each service . ### member states shall ensure that in an appropriate time prior to entering into a contract for a payment account with a consumer , payment service providers provide and inform the consumer with a fee information document containing the list of all services linked to the payment account and the corresponding fees for each service . in the event of changes , the consumer shall be informed comprehensively , electronically or on paper .


### in order to help consumers compare payment account fees throughout the single market easily , payment service providers should provide consumers with a list of fees charged for the services listed in the standardised terminology . this would also contribute towards establishing a level playing field between credit institutions competing in the payment account market . the fee information document should only contain information on the most representative payment services in each member state , using the terms and definitions established at eu level where relevant . in order to help consumers understand the fees they have to pay for their payment account , a glossary providing explanations for at least the fees and services contained in the list should be made available to them . the glossary should serve as a useful tool to encourage a better understanding of the meaning of fees , contributing towards empowering consumers to choose from a wider choice of payment account offers . an obligation should also be introduced for payment service providers to inform consumers , at least annually , of all the fees charged on their account . ex - post information should be provided in a dedicated summary . it should provide a complete overview of the fees incurred to enable a consumer to understand what fee expenditures relate to , and to assess the need to either modify consumption patterns or move to another provider . this benefit would be maximised by the ex - post fee information covering the same services as the ex - ante information . ### in order to help consumers compare payment account fees throughout the single market easily , payment service providers should provide consumers with a complete list of fees charged for all services linked to the provision of the payment account making use of standardised terms and definitions where possible . where applicable , the fee information document should use only the terms and definitions established at union level . this would also contribute towards establishing a level playing field between credit institutions competing in the payment account market . in order to make an informed choice , the fee information document should also inform the consumer if a deposit guarantee scheme applies to the account and include at least two independent assessments of the payment provider ' s credit worthiness where available . in order to help consumers understand the fees they have to pay for their payment account , a glossary providing clear , non - technical and unambiguous explanations for at least the fees and services contained in the list should be made available to them . the glossary should serve as a useful tool to encourage a better understanding of the meaning of fees , contributing towards empowering consumers to choose from a wider choice of payment account offers . an obligation should also be introduced for payment service providers to inform free of charge consumers monthly and annually of all the fees charged on their account . ex - post information should be provided in a dedicated summary . such a personal account statement should provide a complete overview of interest earned , fees incurred and notices of modifications to fees or interest rates . the consumer should be given the information necessary to understand what fee expenditures relate to , and to assess the need to either modify consumption patterns or move to another provider .


### consumers should be guaranteed access to a range of basic payment services , for which a minimum number of operations shall be determined by member states in a way that should take into account both the needs of the consumers and the commercial practices in the member state concerned . beyond this list of minimum services , banks may apply their regular fees . services linked to basic payment accounts should include the facility to deposit and withdraw money . consumers should be able to undertake essential payment transactions such as receiving income or benefits , paying bills or taxes and purchasing goods and services , including via direct debit , credit transfer and the use of a payment card . such services should allow the purchase of goods and services online and should give consumers the opportunity to initiate payment orders via the payment service provider ' s online banking facility , where available . however , a payment account with basic features should not be restricted to online usage as this would create an obstacle for consumers without internet access . consumers should not be given access to an overdraft facility with a payment account with basic features . however , member states may allow payment services providers to offer buffering facilities for very small amounts in relation to payment accounts with basic features . ### consumers should be guaranteed access to a range of basic payment services , for which a minimum number of operations shall be determined by member states in a way that should take into account both the needs of the consumers and the commercial practices in the member state concerned . beyond this list of minimum services , banks may apply their regular fees . services linked to basic payment accounts should include the facility to place and withdraw money via the different channels available . consumers should be able to undertake essential payment transactions such as receiving income or benefits , paying bills or taxes and purchasing goods and services , including via direct debit , credit transfer including standing orders and the use of a payment card . such services should allow the purchase of goods and services online and should give consumers the opportunity to initiate payment orders via the payment service provider ' s online banking facility , where available . however , a payment account with basic features should not be restricted to online usage as this would create an obstacle for consumers without internet access . consumers should not be given access to an overdraft facility with a payment account with basic features . however , member states may allow payment services providers to offer buffering facilities for very small amounts in relation to payment accounts with basic features where the charges for such funds are separately disclosed to the consumer and are at least as favourable as the provider ' s overdraft charges .


### in order to obtain impartial information on bank fees , consumers should be able to access comparison websites which are operationally independent from payment service providers . member states should therefore ensure that at least one such website is available to consumers in their respective territories . such comparison websites may be operated by competent authorities , other public authorities and / or accredited private operators . member states should establish a voluntary accreditation scheme allowing private operators of comparison websites to apply for accreditation in accordance with specified quality criteria . a comparison website operated by a competent authority or other public authority should be established where a privately operated website has not been accredited . such websites should also comply with the quality criteria . ### in order to obtain impartial information on bank fees and interest rates , consumers should be able to access comparison websites which are publicly accessible and independent from payment service providers . member states should therefore ensure that have access to at least one independent and publicly accessible website operated by or on behalf of a competent authority or any other competent public authority in their respective territories . such a website should provide complementary information on union standardised terminology , consumer right to access payment accounts and on switching procedures available at national and union level . in order to increase consumer trust in further available comparison websites , member states should establish a voluntary accreditation scheme allowing private operators of comparison websites to apply for accreditation in accordance with specified quality criteria and impartiality provisions . in order to increase availability of comparable information on fees and interest rates for mobile consumers , the commission , in cooperation with eba , should establish a union portal for comparison websites available in member states .


### member states shall ensure that consumers legally resident in the union have the right to open and use a payment account with basic features with the payment service provider or providers identified pursuant to paragraph 1 . such a right shall apply irrespective of the consumer ' s place of residence . member states shall ensure that the exercise of the right is not made excessively difficult or burdensome for the consumer . before opening the payment account with basic features , payment service providers shall verify whether the consumer holds or does not hold a payment account in their territory . ### before opening the payment account with basic features , payment service providers shall verify whether the consumer holds a payment account in their territory .


### the fee terminology should be determined by national competent authorities , allowing for consideration of the specificities of local markets . to be considered representative , services should be subject to a fee at a minimum of one payment service provider in member states . in addition , where possible , fee terminology should be standardised at eu level , thus allowing for comparison across the union . the european banking authority should establish guidelines to assist member states to determine the most representative payment services subject to a fee at national level . ### the fee terminology should be determined by national competent authorities , allowing for consideration of the specificities of local markets . to be considered representative , services should be subject to a fee at a minimum of one payment service provider in member states . in addition , where possible , fee terminology should be standardised at eu level , thus allowing for comparison across the union . the european banking authority should establish guidelines to assist member states to determine the most representative payment services subject to a fee at national level . in order to achieve the effective application of standardised terminology , such definitions should be sufficiently broad .


### ‘ fees’ means the charges , if any , payable by the consumer to the payment service provider for the provision of payment services or for transactions operated on a payment account ; ### ‘ fees’ means the charges and penalties payable by the consumer to the payment service provider for the provision of payment services or other services relating to the operation of a payment account ;


### where one or more payment services referred to in paragraph 1 is offered as part of a package of financial services , the fee information document shall disclose which of the services referred to in paragraph 1 are included in the package , the fee for the entire package and the fee for any service that is not referred to in paragraph 1 . ### where one or more payment services is offered as part of a package of payment services , the fee information document shall disclose the fee for the entire package , the services included in the package and their number , and the fee for any service that is not included in the package .


### member states shall ensure that , in the cases indicated in paragraph 3 , the payment service provider immediately informs the consumer of the refusal , in writing and free of charge , unless such disclosure would be contrary to the objectives of national security or public policy . ### member states shall ensure that payment service providers process applications for access to a payment account with basic features within two calendar weeks of receiving a complete application including proof of identity . member states shall ensure that , in the cases indicated in paragraph 3 , the payment service provider immediately informs the consumer of the refusal , in writing and free of charge , of a reason for such rejection unless such disclosure would be contrary to the objectives of national security and of available alternative dispute resolution mechanisms .


### consumers who are legally resident in the union and who do not hold a payment account in a certain member state should be in a position to open and use a payment account with basic features in that member state . in order to ensure the widest possible access to such accounts , consumers should have access to them irrespective of their financial circumstances , such as unemployment or personal bankruptcy , and of their place of residence . moreover , the right to access a payment account with basic features in any member state should be granted in conformity with the requirements set out in directive 2005 / 60 / ec of the european parliament and of the council of 26 october 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing , in particular with regard to customer due diligence procedures . ### consumers who are legally resident in the union and who do not use a payment account in a certain member state should be in a position to open and use a payment account with basic features in that member state . all provisions of this directive regarding transparency and comparability of fees and switching also apply to payment accounts with basic features . member states should further ensure that switching from and to a payment account with basic features should be possible for the consumer . in order to ensure the widest possible access to such accounts , consumers should have access to them irrespective of their financial circumstances , such as unemployment or personal bankruptcy , and of their place of residence .


### consumers are only incentivised to switch accounts if the process does not entail an excessive administrative and financial burden . the procedure for switching payment accounts to another payment service provider should be clear and quick . the fees , if any , charged by payment service providers in relation to the switching service should be in line with the actual cost incurred by payment service providers . in order to have positive impact on competition , switching should also be facilitated at cross - border level . given that switching cross - border could be more complex than the switching at national level and may require payment service providers to adapt and refine their internal procedures , longer deadlines for the cross - border switch should be foreseen . the need to maintain different deadlines should be evaluated in the context of the review of the proposed directive . ### consumers are only incentivised to switch accounts if potential benefits do not outweigh perceived risks and if the process does not entail an excessive administrative and financial burden . the procedure for switching payment accounts to another payment service provider should be clear , quick and safe . this can only be achieved where member states provide a service for automated redirection of payments including automated notifications to payees and payers . such systems should be available in member states by 2016 . any fees linked to the switching service should be charged only by the transferring payment service providers where the consumer has held the payment account for a period of less than 12 months . in order to have positive impact on competition , switching should also be facilitated at cross - border level . given that switching from or to payment services providers outside the single european payments area could be more complex than the intra - sepa switching may require payment service providers to adapt and refine their internal procedures , longer deadlines should be provided for switching outside sepa the need to maintain different deadlines should be evaluated in the context of the review of the proposed directive .


### list of the most representative payment services subject to a fee at national level and standardised terminology ### standardised terminology linked to payment accounts


### there has been no transaction on the account for more than 12 consecutive months ; ### there has been no transaction on the account for more than 24 consecutive months ;


### member states shall ensure that the consumer is not offeredany overdraft facilities in conjunction with the payment account with basic features . ### member states shall ensure that the consumer is not offered any overdraft facilities in conjunction with the payment account with basic features . member states may allow payment service providers to provide access to a very small amount of funds to provide a temporary buffer for consumers where the charges for such funds are separately disclosed to the consumer and at least as favourable as the provider ' s charges for overdrafts .


### consumers should be guaranteed access to a range of basic payment services , for which a minimum number of operations shall be determined by member states in a way that should take into account both the needs of the consumers and the commercial practices in the member state concerned . beyond this list of minimum services , banks may apply their regular fees . services linked to basic payment accounts should include the facility to deposit and withdraw money . consumers should be able to undertake essential payment transactions such as receiving income or benefits , paying bills or taxes and purchasing goods and services , including via direct debit , credit transfer and the use of a payment card . such services should allow the purchase of goods and services online and should give consumers the opportunity to initiate payment orders via the payment service provider ' s online banking facility , where available . however , a payment account with basic features should not be restricted to online usage as this would create an obstacle for consumers without internet access . consumers should not be given access to an overdraft facility with a payment account with basic features . however , member states may allow payment services providers to offer buffering facilities for very small amounts in relation to payment accounts with basic features . ### consumers should be guaranteed access to a range of basic payment services , for which a minimum number of operations shall be determined by member states in a way that should take into account both the needs of the consumers and the commercial practices in the member state concerned . beyond this list of minimum services , banks may apply their regular fees . services linked to basic payment accounts should include the facility to place and withdraw money via the different channels available . consumers should be able to undertake essential payment transactions such as receiving income or benefits , paying bills or taxes and purchasing goods and services , including via direct debit , credit transfer including standing orders and the use of a personalized payment instrument . such services should allow the purchase of goods and services online and should give consumers the opportunity to initiate payment orders via the payment service provider ' s online banking facility , where available . however , a payment account with basic features should not be restricted to online usage as this would create an obstacle for consumers without internet access . consumers should not be given access to an overdraft facility with a payment account with basic features . however , member states may allow payment services providers to offer buffering facilities for very small amounts in relation to payment accounts with basic features where the charges for such funds are separately disclosed to the consumer and at least as favourable as the provider ' s charges for overdrafts .


### fighting climate change and protecting the environment are among the great challenges which face the union and where the need for international action is urgent . in accordance with the intent stated in commission communication ' a budget for europe 2020 ' of 29 june 2011 , this regulation should contribute to the objective of addressing at least 20% of the eu budget to low carbon and climate resilient society , and the global public goods and challenges programme should use at least 25% of its funds to cover climate change and environment . actions in these two areas should , wherever possible , be mutually supportive in order to reinforce their impacts . ### fighting climate change and protecting the environment are among the great challenges which face the union and all its international trading and commercial partner countries and regions and where the need for international action is urgent . this regulation should add to the objective of addressing at least 20% of the eu budget to low carbon and climate resilient society , and the global public goods and challenges programme should use at least 25% of its funds to cover climate change and environment , taking into consideration the contribution to climate emissions of global trade and transport of goods , in particular of unprocessed raw materials . actions in these two areas should , wherever possible , be mutually supportive in order to reinforce their impacts .


### overcoming economic vulnerability and achieving structural transformation with emphasis on decent employment through sustained and inclusive economic growth , a low carbon green economy and sustainable development in all its dimensions and enhancement of biodiversity and ecosystem services ; ### addressing economic vulnerability and contributing to structural transformation with emphasis on decent employment through sustained and inclusive economic growth and a low carbon economy by establishing a strong partnerships around fair trade relations , productive investments for more and better jobs in the green and inclusive economy , knowledge transfer and cooperation in research , innovation and technology , and promoting sustainable and inclusive development in all its dimensions , with particular attention to the challenges of migratory flows , housing , food security , climate change , sustainable energies and the protection and enhancement of biodiversity and ecosystem services , including water and soil ;


### providing support to the adjustment efforts triggered by the establishment of various free - trade areas ; ### providing support to the regional trade integration of south africa and its sadc partners ;


### in implementing this regulation , consistency shall be ensured with other areas of union external action and with other relevant union policies . to this end , measures financed under this regulation , including those managed by the eib , shall be based on the cooperation policies set out in instruments such as agreements , declarations and action plans between the union and the third countries and regions concerned , and on the union’s decisions , specific interests , policy priorities and strategies . ### in implementing this regulation , and while observing the principle of policy coherence for development , the union will strive to ensure that its actions in other areas of union external policies and other relevant union policies do not jeopardise the success of measures financed under this instrument , including those managed by the eib ;


### establishing inclusive partnerships around trade , investment , aid , migration , research , innovation and technology ; ### contributing to structural transformation by establishing inclusive partnerships around fair trade relations , productive investments for more and better jobs in the green and inclusive economy , knowledge transfer and cooperation in research , innovation and technology , and promoting sustainable and inclusive growth in all its dimensions , with particular attention to the challenges of migratory flows , food security , climate change , sustainable energies and the protection and enhancement of biodiversity and ecosystem services , including water , soil and forests ;


### promoting democracy , the rule of law , good governance and respect for human rights . ### consolidating and advancing democracy , respect for human rights , social justice , international labour standards , the rule of law , good governance , and fair trade relations and sustainable environmental and climate relevant practices .


### addressing economic vulnerability and contributing to structural transformation by establishing a strong partnerships around trade , investments , know - how and research , innovation and technology , and promoting sustainable and inclusive growth in all its dimensions , with particular attention to the challenges of migratory flows , food security , climate change , sustainable energies and the protection and enhancement of biodiversity and ecosystem services , including water and forests , as well as on productive investment for more and better jobs in the green economy ; ### addressing economic vulnerability and contributing to structural transformation by establishing a strong partnerships around fair trade relations , productive investments for more and better jobs in the green and inclusive economy , knowledge transfer and cooperation in research , innovation and technology , and promoting sustainable and inclusive growth in all its dimensions , with particular attention to the challenges of migratory flows , food security , climate change , sustainable energies and the protection and enhancement of biodiversity and ecosystem services , including water , soil and forests ; supporting the development of micro , small and medium enterprises as the main source for inclusive growth , development and jobs ; promoting development aid for trade to ensure that latin american msmes can benefit from international trading opportunities ;


### rules governing the exploitation and dissemination of results should be laid down to ensure that the participants protect , exploit and disseminate those results as appropriate , in particular the possibility of additional exploitation conditions in the european strategic interest . ### rules governing the exploitation and dissemination of results should be laid down to ensure that the participants protect , exploit and disseminate those results as appropriate , in particular the possibility of additional exploitation , dissemination or licensing conditions in the european strategic interest , or where a predominant public interest exists .


### each participant shall report to the commission or funding body on its exploitation and dissemination related activities . for the purposes of monitoring and dissemination by the commission or funding body , participants shall provide any information and documents useful in accordance with the conditions laid down in the grant agreement . ### each participant shall report to the commission or funding body on its exploitation and dissemination related activities . for the purposes of monitoring and dissemination by the commission or funding body , participants shall provide any information and documents useful in accordance with the conditions laid down in the grant agreement . to ensure transparency , the reports shall be made publicly available .