The High Level Group made several other recommendations designed to enhance directors responsibilities : a) introduction of a special investigation right, whereby shareholders holding a certain percentage of the share capital should have the right to ask a court or administrative authority to authorise a special investigation into the affairs of the company; b) development of a wrongful trading rule, whereby directors would be held personally accountable for the consequences of the company's failure, if it is foreseeable that the company cannot continue to pay its debts and they don't decide either to rescue the company and ensure payme ...[+++]nt or to put it into liquidation; c) imposition of directors' disqualification across the EU as a sanction for misleading financial and non-financial statements and other forms of misconduct by directors.

Today's report takes stock of the recommendations of the High-Level Expert Group, and proposes the way forward to address structural shortcomings under the three main areas: (i) maximising the utility of existing information systems; (ii) where necessary, developing complementary systems to close information gaps; and (iii) ensuring interoperability between our systems.

One of the things we found is that countries, particularly the European Union, are extremely active in using their national regulatory policy at the level of standards—and this is particularly important in the area of high technology—as tools for (a) blocking foreign imports, and (b) conferring competitive advantages on their own companies that are not available to others.

11. Underlines the importance of the Cooperation Agreement, including the sectoral agreements, between Sudan and South Sudan signed in Addis Ababa on 27 September 2012; stresses, however, its concern over the unilateral announcement by the Sudanese Government with regard to the shutting down of oil exports from South Sudan and the freezing of all sectoral agreements as a measure that will damage both countries’ economies and escalate regional tensions; calls for both governments to work with the African Union High-Level Implementation Panel to return to the Cooperation Agreement, to end support for armed rebel groups, to adhere fully t ...[+++]o the agreement on the Safe Demilitarised Border Zone monitored by the expanded UN Interim Security Force for Abyei, and to prepare for a referendum on the future status of Abyei;