11. Notes that numerous good practices can be found in the various Member States, demonstrating the excellent results achieved by cooperative enterprises in terms of growth, employment, survival rates and business start-ups, such as the single payment system (‘pago único’) in Spain and the Marcora Law in Italy – which help finance the establishment of new cooperatives through unemployment benefits – and the ‘employment and business cooperatives’ created in France, Sweden and Belgium; points, moreover, to groups of individual cooperatives that can voluntarily form large business groups covering sectors such as industry, agriculture, dist ...[+++]ribution, finance, R & D and high-level education; observes that the cooperative society, modelled, for example, on the British trust company, can also be an efficient model for good governance of professional or semi-professional sports organisations, which at the same time facilitates close involvement of the principal stakeholders – the supporters – in the management of a club (whether professional or not); calls on the Commission to look at these good practices in depth and consider including them in the framing of business-friendly EU policies;

Activities related to the assets of AIFs, namely services necessary to meet the fiduciary duties of the AIFM, facilities management, real estate administration activities, advice to undertakings on capital structure, industrial strategy and related matters, advice and services relating to mergers and the purchase of undertakings and other services connected to the management of the AIF and the companies and other assets in which it has invested.

(c)Activities related to the assets of AIFs, namely services necessary to meet the fiduciary duties of the AIFM, facilities management, real estate administration activities, advice to undertakings on capital structure, industrial strategy and related matters, advice and services relating to mergers and the purchase of undertakings and other services connected to the management of the AIF and the companies and other assets in which it has invested.

[8] Governance Body: A body or a group of persons which is embedded in a company's corporate governance structure to exercise oversight over management as a fiduciary for investors and, if required by national law, for other stakeholders such as employees, and which consists of or, at least, includes individuals other than management, such as a supervisory board, an audit committee, or a group of non-executive directors or external board members.

Every company, consumer and authority must adapt to this new situation, and the communication being presented today consists of a report on the situation with regard to the preparations for the introduction of coins and notes, but also, as well as assessing the general situation, additional work is being carried out: on the one hand, to establish to what extent the content of the Commission recommendation of last 11 October has been complied with by the Member States and, secondly, to establish a series of good practices, the application of which may contribute to aiding the correct development of operations relating to the introduction of notes and coins.

We are convinced that this situation will improve at the beginning of the second six-month period, with large companies that issue invoices changing their bank accounts and other means of collecting payment early.