2. The Authority shall take fully into account the relevant international approaches when developing the criteria for the identification and measurement of systemic risk posed by financial institutions, including those established by the Financial Stability Board, the International Monetary Fund and the Bank for International Settlements.

2. The Authority shall take fully into account the relevant international approaches when developing the criteria for the identification and measurement of systemic risk that may be posed by insurance, re-insurance and occupational pensions institutions, including those established by the Financial Stability Board, the International Monetary Fund, the International Association of Insurance Supervisors and the Bank for International Settlements.

9. Calls on the Commission to submit to Parliament a comprehensive impact study on the implications of accession for the law and economy of the European Union, specifying in particular the fiscal consequences of acceding to the Convention, the implications of the transfer of risks between entities (central depositaries, banks, depositors) resulting from the abandonment of the PRIMA principle, the implications for the exercise of voting rights attached to securities, the effects on the remuneration of the ultimate owner of securities, on combating market abuses, on combating money-laundering and the funding of terrorism, on the effectiveness of the clearing and settlement system an ...[+++]d on the identification of risks of insolvency of credit institutions;

9. Calls on the Commission to submit to Parliament a comprehensive impact study on the implications of accession to the Hague Securities Convention for the law and economy of the European Union; requests that this study specify in particular the fiscal consequences of acceding to the Convention, the implications of the transfer of risks between entities (central depositaries, banks, depositors) resulting from the abandonment of the PRIMA principle, the implications for the exercise of voting rights attached to securities, the effects on the remuneration of the ultimate owner of securities, on combating market abuses, on combating money-laundering and on the funding of terrorism, the effectiveness of clearing and ...[+++]settlement systems and the identification of risks of the insolvency of credit institutions;

(c) "remote access payment instrument" means an instrument enabling a holder to access funds held on his/her account at an institution, whereby payment may be made to a payee and normally requires a personal identification code and/or any other similar proof of identity.

Pursuant to Standing Orders 68(2) and 69(1), on motion of Mr. Scott (Solicitor General of Canada), seconded by Mr. Peterson (Secretary of State (International Financial Institutions)), Bill C-3, An Act respecting DNA identification and to make consequential amendments to the Criminal Code and other Acts, was introduced, read the first time, ordered to be printed and ordered for a second reading at the next sitting of the House.