In exercising its implementing powers, the Commission should respect the following principles: the need to ensure confidence in financial markets among investors by promoting high standards of transparency in those markets; the need to provide investors with a wide range of competing investments and a level of disclosure and protection tailored to their circumstances; the need to ensure that independent regulatory authorities enforce the rules consistently, especially as regards the fight against economic crime; the need for high levels of transparency and consultation with all market participants and with the European Parliament and the Council; the need to encourage innovation in financial markets if they are to be dynamic and efficient; the need to ensure market integrity by close and reactive monitoring of financial innovation; the importance of reducing the cost of, and increasing access to, capital; the balance of costs and benefits to market participants on a long-term basis (including small and medium-sized businesses and small investors) in any implementing measures; the need to foster the international competitiveness of EU financial markets without prejudice to a much-needed extension of international cooperation; the need to achieve a level playing field for all market participants by establishing EU-wide regulations every time it is appropriate; the need to respect differences in national markets where these do not unduly impinge on the cohesion of the single market; and the need to ensure coherence with other Community legislation in this area, as imbalances in information and a lack of transparency may jeopardise the operation of the markets and above all harm consumers and small investors.
Komisija bi morala pri izvrševanju svojih izvedbenih pooblastil spoštovati naslednja načela: potrebo po zagotovitvi zaupanja v finančne trge med vlagatelji, s tem da krepi visoke standarde preglednosti na teh trgih; potrebo po zagotovitvi široke izbire konkurenčnih naložb investitorjem in take ravni razkrivanja in zaščite, ki ustreza investitorjem glede na okoliščine, v katerih delujejo; potrebo po zagotovitvi, da neodvisni regulativni organi dosledno izvršujejo pravila, zlasti v zvezi z bojem proti gospodarskemu kriminalu; potrebo po visoki ravni preglednosti in posvetovanja z vsemi udeleženci na trgu ter z Evropskim parlamentom in Svetom; potrebo po spodbujanju inovacij na finančnih trgih, da bi bili ti lahko dinamični in učinkoviti; potrebo po zagotovitvi integritete trga z natančnim in odzivnim spremljanjem finančnih inovacij; pomembnost znižanja stroškov kapitala in olajšanja dostopa do kapitala; dolgoročno uravnoteženost stroškov in koristi udeležencev na trgu (vključno z malimi in srednjimi podjetji ter malimi vlagatelji) v vseh izvedbenih ukrepih; potrebo po spodbujanju mednarodne konkurenčnosti finančnih trgov EU ne glede na prepotrebno širitev mednarodnega sodelovanja; potrebo, da se vedno, kadar je primerno, dosegajo enaki pogoji delovanja za vse udeležence na trgu z vzpostavitvijo ureditve, ki velja za celotno EU; potrebo po spoštovanju razlik na nacionalnih trgih, kadar te ne škodujejo neupravičeno povezanosti enotnega trga; ter potrebo po zagotovitvi povezanosti z drugo zakonodajo Skupnosti na tem področju, ker lahko neravnotežje informacij in pomanjkanje preglednosti ogrozita delovanje trgov in predvsem škodita potrošnikom in malim vlagateljem.