Mutual funds controlled by insurance companies through investments made from segregated funds will be permitted to hold market-indexed shares in managing life insurance companies.

(c.1) subject to paragraph (a), if, at any particular time, as part of a series of transactions or events, two or more persons acquire shares of a corporation (in this paragraph referred to as the “acquiring corporation”) in exchange for or upon a redemption or surrender of interests in, or as a consequence of a distribution from, a SIFT trust (determined without reference to subsection 122.1(2)), SIFT partnership (determined without reference to subsection 197(8)) or real estate investment trust (as defined in subsection 122.1(1)), control of the acquiring corporation and of each corporation controlled by it immediately before the parti ...[+++]cular time is deemed to have been acquired by a person or group of persons at the particular time unless

1. Launch a major European employment support initiative a) The Commission is proposing to simplify criteria for European Social Fund (ESF) support and step up advance payments from early 2009, so that Member States have earlier access to up to € 1.8 bn in order to: Within flexicurity strategies, rapidly reinforce activation schemes, in particular for the low-skilled, involving personalised counselling, intensive (re-)training and up-skilling of workers, apprenticeships, subsidised employment as well as grants for self-employment, business start-up's and Refocus their programmes to concentrate support on the most vulnerable, and where necessary opt for full Community financing of projects during this period; Improve the monitoring and matc ...[+++]hing of skills development and upgrading with existing and anticipated job vacancies; this will be implemented in close cooperation with social partners, public employment services and universities; Working with Member States, the Commission proposes to re-programme ESF expenditure to ensure that immediate priorities are met. b) The Commission will also propose to revise the rules of the European Globalisation Adjustment Fund so that it can intervene more rapidly in key sectors, either to co-finance training and job placements for those who are made redundant or to keep in the labour market skilled workers who will be needed once the economy starts to recover.

On 13 November 2008, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Allianz SE acquire(s) within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the investment management of Commerzbank AG, the Cominvest Gruppe — with exception of the business concerning open property fundsclosed funds and socalled, Exchange Traded Funds (EFT) — from Commerzbank, by way of purchase of shares.