Sentence examples for cross-border regulation from inspiring English sources

"When the euro was first introduced, the question of cross-border regulation didn't really arise".

The Europeans came to the meeting stressing the need for comprehensive cross-border regulation of financial markets, participants and products.

Europe's need to scramble is in part the legacy of a decision to establish the euro, which 15 countries now use, but not follow up with a parallel system of cross-border regulation and oversight of private banks.

Mr. Gensler said his determination to protect the cross-border regulation plan is motivated in part by the memory of a visit in September 1998 — while he was working in the Treasury Department — to the Connecticut headquarters of the hedge fund Long-Term Capital Management, which was collapsing.

But, in the face of unified opposition to strong "cross-border" regulation — from the big banks; their government allies in both the United States and Europe; and a swing-vote Democrat on the commission, Mark Wetjen — the deal falls short of what's needed to protect American taxpayers and the global economy from the calamitous effects of reckless bank trades.

In addition, although the hundreds of stock markets around the world have consolidated into one or at most a handful of exchanges in each country, cross-border regulation makes it difficult for international takeovers to take place, and governments do not seem to be in any hurry to change the rules.

The thrust of the proposals include establishing standard rules for buying goods online, pruning cross-border regulations on telecoms and reducing the tax burden on businesses.

In the 1990s, the World Trade Organisation was formed to harmonise cross-border regulations on everything from cars to pharmaceuticals and cut tariffs in order to promote the free flow of goods and services around the world.

Airlines would lose many of the commercial incentives that were created by the easing of cross-border regulations achieved through bilateral air service agreements over the last few years, Mr. Byerly said.

There may also be important consequences for cross-border banking regulation all over Europe.

The group convened for the first time in Washington at the end of June and set an agenda for a number of issues including pipeline construction, cross-border power regulation and research into new technologies.