(c) the Tariff systems in particular the Data Dissemination System (DDS), the Combined Nomenclature (CN), the information system of the Integrated Tariff of the European Community (TARIC), the European binding tariff information system (EBTI), the management system tariff and quota surveillance (TQS), the suspension information system, the Specimen Management System (SMS), the Information System for Processing Procedures (ISPP), the European Customs Inventory of Chemical Substances (ECICS) and the Registered Exporters System (REX);

the Tariff systems, in particular the data dissemination system (DDS), the combined nomenclature (CN), the information system on the integrated tariff of the Community (TARIC), the European binding tariff information system (EBTI), the tariff quota and quota surveillance system (TQS), the suspensions information system, the specimen management system (SMS), the information system for processing procedures (ISPP), the European customs inventory of chemical substances (ECICS) and the registered exporters system (REX) ;

– Nano-electronics, photonics and integrated micro/nano-systems: process, device, design and testing technologies and methodologies to improve size, density, performance, energy efficiency, manufacturing and cost-effectiveness of components, systems-on-a-chip, systems-in-a-package and integrated systems; advanced wireless components and sub-systems; basic photonic components to generate, manipulate and detect light for a wide range of applications including ultra fast components ; RF systems; high-performance/high-density data storage systems; very large area and/or highly integrated flexible display solutions; sensing, actuating, ...[+++]vision and imaging devices; ultra low power systems, alternative energy sources/storage; heterogeneous technologies/systems integration; smart systems; multi-functional integrated micro-nano-bio-info systems; large-area electronics; integration in different materials/objects; interfacing with living organisms; (self-)assembly of molecules or atoms into stable structures.

– Nano-electronics, photonics and integrated micro/nano-systems: process, device, design and testing technologies and methodologies to improve size, density, performance, energy efficiency, manufacturing and cost-effectiveness of components, systems-on-a-chip, systems-in-a-package and integrated systems; advanced wireless components and sub-systems; basic photonic components to generate, manipulate and detect light for wide range of applications including ultra fast components; RF systems; high-performance/high-density data storage systems; very large area and/or highly integrated flexible display solutions; sensing, actuating, vis ...[+++]ion and imaging devices; ultra low power systems, alternative energy sources/storage; heterogeneous technologies/systems integration; smart systems; multi-functional integrated micro-nano-bio-info systems; large-area electronics; integration in different materials/objects; interfacing with living organisms; (self-)assembly of molecules or atoms into stable structures.

The Directive also includes rules for payment systems which are not based on netting but on gross settlement systems (where each payment order is settled individually on a real time basis as it arises during the day): The proposed Directive would also exempt payment systems from national rules giving retroactive effect to the insolvency of a participant in a payment system, such as the zero-hour rule. Such retroactive effect allows the liquidator of an insolvent institution to challenge payment orders which have already been introduced into the payment system, thus leading to the unwinding of the settlement operation. This unwinding is h ...[+++]ighly disruptive and can lead to systemic risk. The same is true for revocation of payment orders. Revocation of a large payment order in a payment system during the settlement process, could lead to systemic risk. The Directive would therefore bar revocation of payment orders after the moment contractually fixed by the payment system participants. The insolvency of a participant in a payment system, insofar as it concerned its dealings with the payment system, would be governed by the insolvency law of the country where the payment system was located, according to the proposed Directive. This would avoid conflicts of law and the ensuing legal uncertainty and thus facilitate cross-border participation in payment systems. Collateral security is pledged by the participants in a payment system in order to secure its exposures against the other participants. When collateral security is provided in a cross-border arrangement, its realisation in case of default of the pledging participant can be hindered by conflicts of law which may either weaken the collateral security or even render it unenforceable. In order to ensure collateral security can be realised immediately and in priority over all other creditors (so as not to jeopardise the liquidity of the other participants in the system, i.e. to avoid systemic risk) in the case of a defaul ...

Following the specific amendments agreed by the Commission, the proposal now: - makes clear that a credit institution that also acted as an investment firm could belong to a single compensation scheme as long as the scheme met the requirements of both the deposit-guarantee Directive and the investor compensation Directive - incorporates equivalent clauses to the bank deposit-guarantee Directive concerning the possibility for branches to opt-in to higher levels of compensation in the host country ('top-up'), the regime for branches of firms with their head office in a non-EU country (Member States must ensure home countries schemes offer ...[+++]equivalent cover or oblige branches to join the host country scheme) and the principle that schemes should be financed by investment firms themselves - includes revised definitions of "investment firm" and "branch" which refer to the definitions in the Investment Services Directive and a new definition of "joint investment" - clarifies that authorisation for investment firms is based on the principle of home country control and that no investment firm (other than credit institutions exempted under the deposit-guarantee Directive) could operate unless it participated in an investor compensation scheme - simplifies the definition of when and how the amount of an investor's claim should be determined - makes a specific reference to the exclusion from compensation of any transaction in connection with which there has been a conviction for money-laundering as defined by the Directive on the issue (91/308/EEC) - includes a requirement for continued coverage by the compensation scheme even when a firm's authorisation to operate has been withdrawn (in case it should subsequently transpire that the firm was unable to meet its commitments to investors) - requires the Commission to report on the Directive's operation three years after it is due to be implemented (31.12.96) rather than five years after.