EU Financial Regulation definition

EU Financial Regulation means any of (i) Regulation (EU) 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories, (ii) Directive MiFID II of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments amending Council Directives 85/611/EEC and 93/6/EEC and Directive 2000/12/EC of the European Parliament and of the Council and repealing Council Directive 93/22/EEC, (iii) Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU and/ or (iv) Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012, including any secondary EU legislation therefor and any implementing measures relating thereto, as such legislation may be amended, and/ or supplemented from time to time.
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EU Financial Regulation means Regulation (EU, Euratom) N° 966/2012 of the European Parliament and of the Council of 25 October 2012 on the financial rules applicable to the general budget of the Union (Official Journal L 298 of 26/10/2012);
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Examples of EU Financial Regulation in a sentence

  • Grave professional misconduct — Any type of unacceptable or improper behaviour in exercising one’s profession, especially by employees, including grave professional misconduct within the meaning of Article 136(1)(c) of EU Financial Regulation 2018/1046.

  • In-kind contributions — In-kind contributions within the meaning of Article 2(36) of EU Financial Regulation 2018/1046, i.e. non-financial resources made available free of charge by third parties.

  • Affiliated entities (AE) — Entities affiliated to a beneficiary within the meaning of Article 187 of EU Financial Regulation 2018/104612 which participate in the action with similar rights and obligations as the beneficiaries (obligation to implement action tasks and right to charge costs and claim contributions).

  • As a consequence, the financial distribution to third parties as integral part of the funding granted under the RESETTING Project by the EISMEA in application of the EU Financial Regulation does not constitute “State aid” and is not to be taken into account for the calculation of the “de minimis” rule.

  • In addition to contractual measures, the Agency or the Commission may also adopt administrative sanctions under Articles from 135 to 145 and 237 of the EU Financial Regulation No 2018/10467 (i.e. exclusion from future procurement contracts, grants and expert contracts and/or financial penalties).

  • Organisation: an international public-sector organisation set up by international agreement (including specialised agencies set up by such organisations), or an organisation assimilated to international organisations in accordance with the EU Financial Regulation.

  • In addition to contractual measures, the Agency or the Commission may also adopt administrative sanctions under Articles from 135 to 145 and 237 of the EU Financial Regulation No 2018/10466 (i.e. exclusion from future procurement contracts, grants and expert contracts and/or financial penalties).

  • To the extent that the Advisor becomes final recipient of European Union funds (from the Recovery and Resilience Fund) the Advisor expressly authorises the Commission, ▇▇▇▇, the Court of Auditors and, where applicable, EPPO to exert their rights as provided for in Article 129 (1) of the EU Financial Regulation and all the national competent bodies to exert their rights as provided for in the relevant national applicable legislation.

  • Nothing in this Agreement may be construed as preventing the adoption of administrative sanctions (i.e. exclusion from EU award procedures and/or financial penalties) or other public law measures, in addition or as an alternative to the contractual measures provided under this Agreement (see, for instance, Articles 135 to 145 EU Financial Regulation 2018/1046 and Articles 4 and 7 of Regulation 2988/9521).

  • If it is revealed during an evaluation that an expert has knowingly concealed a conflict of interest, the expert will be immediately excluded, and sanctions may apply according to the EU Financial Regulation and its implementing rules).