What they produce, what they have to say, what they do and how they report, will not just be to one regulator but it could be to a college of regulators, especially for groups, because, as insurance companies cross borders, it is now important that regulators team up and work together to ensure that the appropriate levels of reporting, the appropriate levels of figures and what information is supplied, are brought to bear to make sure that the markets are best protected.

4. To the extent permitted by the Protocol, the Commission may, in agreement with both the competent authority of the Member State in which a producer’s relevant production is situated and the government of the third country Party concerned, authorise a producer to combine the calculated levels of production laid down in Article 10 and Article 11(2) with the calculated levels of production allowed to a producer in a third country Party under the Protocol and that producer’s national legislation for the purpose of industrial rationalisation with a third country Party, provided that the combined calculated levels of production by the two p ...[+++]roducers do not exceed the sum of the calculated levels of production allowed to the Community producer under Article 10 and Article 11(2) and the calculated levels of production allowed to the third country Party producer under the Protocol and any relevant national legislation.

4. To the extent permitted by the Protocol, the Commission may, in agreement with both the competent authority of the Member State in which a producer’s relevant production is situated and the government of the third country Party concerned, authorise a producer to combine the calculated levels of production laid down in Article 10 and Article 11(2) with the calculated levels of production allowed to a producer in a third country Party under the Protocol and that producer’s national legislation for the purpose of industrial rationalisation with a third country Party, provided that the combined calculated levels of production by the two p ...[+++]roducers do not exceed the sum of the calculated levels of production allowed to the Community producer under Article 10 and Article 11(2) and the calculated levels of production allowed to the third country Party producer under the Protocol and any relevant national legislation.

(3) Common action is necessary to ensure that minimum levels of insurance also apply to air carriers from third countries so as to ensure a level playing field with Community air carriers and foster consumer protection.

Such measures shall be designed to maintain or restore the biomass of harvested stocks at or above levels capable of producing maximum sustainable yield, and with the goal of maintaining or restoring the biomass of associated stocks at or above levels capable of producing maximum sustainable yield; and

25. All reasonable efforts shall be made by the EUEB and its members and by the lead competent body and the ad hoc working group to achieve a consensus throughout their work, while aiming at high levels of environmental protection.