34. Calls on the Commission to adopt strong binding principles on remuneration policies in the financial sector, building on the proposals for banking in the report on the CRD, and a disclosure-driven regime based on a comply-or-explain procedure for listed companies which do not respect these principles;

25. Stresses the importance of convergence of supervisory practices with regard to transatlantic consolidation of stock exchanges; reiterates its request, therefore, for the enhancement of the Financial Markets Regulatory Dialogue via a bi-annual policy review of transatlantic financial services before and after every annual EU-US summit; urges the US-EU Summit to agree on the mutual recognition of accounting standards, based on reliable regulatory supervision; highlights the importance of US implementation of the Basel II Accord on Capital Requirements and of recognition by the SEC of International Financial Reporting Standards; reiterates with regret the need for EU reinsurers in the US to fully collateralise risks, facing highly disc ...[+++]riminatory State rules; calls therefore on the US-EU Summit to agree on further transatlantic mutual recognition and uniform solvency and reporting requirements; asks the Commission to ensure that transatlantic mergers and/or purchases of stock exchanges and other financial institutions will not, directly or indirectly, lead to US laws, regulations, or supervisory practices being unilaterally imposed within the EU;

25. Stresses the importance of converging supervisory practices with regard to transatlantic consolidation of stock exchanges; reiterates its request, therefore, for the enhancement of the Financial Markets Regulatory Dialogue via a bi-annual policy review of transatlantic financial services before and after every annual EU-US summit; urges the US-EU Summit to agree on the mutual recognition of accounting standards, based on reliable regulatory supervision; highlights the importance of US implementation of the Basel II Accord on Capital Requirements and of recognition, by the Securities and Exchange Commission, of International Financial Reporting Standards; reiterates with regret the need for EU reinsurers facing highly discriminatory ...[+++]State rules in the US to fully collateralise risks; calls therefore on the US-EU Summit to agree on further transatlantic mutual recognition and uniform solvency and reporting requirements; asks the Commission to ensure that transatlantic mergers and/or purchases of stock exchanges and other financial institutions will not, directly or indirectly, lead to US laws, regulations, or supervisory practices being unilaterally imposed within the EU;

7. The amount of information may be limited in the case of small grants such as scholarship and individual mobility grants.

The Directorate-General Information, Communication and Culture of the Commission of the European Communities has just awarded, within the framework of its University Information Programme, 25 research grants of a maximum of 5.000 ECU for research work on the following subject: "After 1992 : Monetary, political or institutional developments linked to the competion of the Single Market" The successful applicants are young university teachers, lecturers or research assistants who are continuing their studies in the field of European integration.

The Directorate-General Information, Communication and Culture of the Commission of the European Communities has just awarded, within the framework of its University Information Programme, 28 research grants of a maximum of 4.500 ECU.