Where proof of financial standing is required in order to take up or pursue a regulated profession in the host Member State, that Member State shall regard certificates issued by banks in the Member State of origin or in the Member State from where the foreign national comes as equivalent to those issued in its own territory.

The European Commission has recently published its first directory of more than 600 pan-European non-profit organizations covering a hundred or so sectors of activity, such as biotechnology, chemical substances, pharmaceuticals, textiles, the professions, banks, the environment and social affairs, whose members are based in Europe (including non-member states of the Union).

In some sectors, the acquis prescribes harmonised rules which must be respected if the internal market is to function; this concerns mainly the financial sector (banking, insurance, investment services and securities markets) but also some specific professions (craftsmen, traders, farmers, commercial agents).

The tasks of liaison magistrates shall normally include any activity designed to encourage and accelerate all forms of judicial cooperation in criminal and, where appropriate, civil matters, in particular by establishing direct links with the relevant departments and judicial authorities in the host State. Under arrangements agreed between the home Member State and the host Member State, liaison magistrates' tasks may also include any activity connected with handling the exchange of information and statistics designed to promote mutual understanding of the legal systems and legal data bases of the States concerned and to further relations between the legal professions in each o ...[+++]f those States.

67. According to the second paragraph of Article 2, the Directive does not cover professions which are the subject of a specific Directive establishing arrangements for the mutual recognition of diplomas by Member States, i.e. nurses, doctors, midwives, pharmacists, veterinary surgeons, dentists and architects, and professions in the transport sector (cf. Section VI E "Transport"), nor does it apply to activities covered by a Directive listed in Annex A concerning transitional measures, freedom of establishment and freedom to provide services.

The IFBS has been registered as a company, with share holdings taken by the Russian State Finance Academy, the Russian Ministry of Finance, the European Bank for Reconstruction and Development (EBRD), the Centre for Professional Banking Training in Paris and a number of Russian banks, stock and commodity exchanges.