Council Regulation (EC, Euratom) No 1605/2002 of 25 June 2002 on the Financial Regulation applicable to the general budget of the European Communities (13) and Commission Regulation (EC, Euratom) No 2342/2002 of 23 December 2002 laying down detailed rules for the implementation of Council Regulation (EC, Euratom) No 1605/2002 (14) which safeguard the Community's financial interests, should be applied taking into account the principles of simplicity and consistency in the choice of budgetary instruments in line with the programme's objectives of academic excellence and the required proportionality between the amount of resources and the a ...[+++]dministrative burden related to their use.

If I were to really be totally complicating the sorts of debates that take place in the literature, we would also draw arrows going back and forth between natural capital and human capital, and social capital and financial capital as well, simply because with an increase in knowledge, we can work better to protect that natural capital.

Nothing in this Directive obliges investment firms to provide all required information about the investment firm, financial instruments, costs and associated charges, or concerning the safeguarding of client financial instruments or client funds immediately and at the same time, provided that they comply with the general obligation to provide the relevant information in good time before the time specified in this Directive.

In terms of the ledger right now, when you look at the balance, there's not enough focus on the preservation, whether you call it natural capital preservation, or ecological, or biological.

These losses should therefore be contained through a EUR 5 million capital increase to preserve the company's financial equilibrium.

In particular, we worked on devising indicators that can address the state of what we are calling our " natural capital," as opposed to our built capital, financial capital, social capital, or human capital.