The definition of a systematic internaliser shall apply only where the pre-set limits for a frequent and systematic basis and for a substantial basis are both crossed or where an investment firm chooses to opt-in under the systematic internaliser regime.

The definition of a systematic internaliser shall apply only where the pre-set limits for a frequent and systematic basis and for a substantial basis are both crossed or where an investment firm chooses to opt-in under the systematic internaliser regime;

Furthermore, no adequate mechanisms were in place to prevent overcompensation (and so potential cross-subsidies of activities outside ORF's public service remit) and to ensure that ORF carried out its commercial activities in line with market principles.

ensuring that where different tasks in the life of the same transaction are allocated to different staff to ensure some automatic cross-checking controls.

€ 163.7 million charged to Greece because the register of olive cultivation has not been set up thus the check on crop declarations was inoperative, and on the spot checks were carried out inadequately; € 37.4 million charged to Greece for missing system allowing the cross-checks between the system of production aid for cotton with the integrated administration and control system, late on the spot checks, and for no penalties applied where discrepancies found in area checks; € 30.9 million charged to Greece because aid for the production of grape for drying was granted for overestimated area; security of the database for the plots was inadequate; checks on diversion of any of the fresh grapes, before drying, to other uses was missing; ...[+++]€ 11.3 million charged to Spain concerning fruit and vegetable withdrawal operations for missing control on environmental impact of composting, controls did not reach the final use of the freely distributed product, unsatisfactory quality of controls carried out on withdrawn produce; € 5.6 million charged to Netherlands because expenditure for projects approved under an Objective 5A programme of EAGGF-Guidance section was claimed under the Guarantee section of the EAGGF;

Both the provision of low-priced C beet to sugar producers and the cross-subsidisation involved in the production of C sugar resulting from the operation of the EC sugar regime are export subsidies subject to the reduction commitments of the Agreement on Agriculture.