Levels of protection. Recognizing the right of each Party to establish its own levels of environmental protection and its own environmental development priorities, and to adopt or modify accordingly its environmental laws and policies, each Party shall strive to ensure that those laws and policies provide for and encourage high levels of environmental protection and shall strive to continue to improve its respective levels of environmental protection, including through such environmental laws and policies.
Levels of protection. The Parties reaffirm each Party’s sovereign right to establish its own levels of environmental protection and its own environmental development priorities, and to adopt or modify its environmental laws and policies.
Levels of protection. Affirming full respect for each Party's constitution, and recognizing the right of each Party to establish its own domestic labor standards, and to adopt or modify accordingly its labor laws and regulations, each Party shall ensure that its labor laws and regulations provide for high labor standards, consistent with high quality and productivity workplaces, and shall continue to strive to improve those standards in that light.
Levels of protection. 1. A Party shall not weaken or reduce the protections afforded in its labour laws.
2. A Party shall not waive or otherwise derogate from, or offer to waive or otherwise derogate from, its labour laws if the waiver or derogation weakens or reduces adherence to the rights set out in this Section.
Levels of protection. 3.1. With regard to the professional clients: • The IB’s obligation for providing information to the clients is considerably limited. The IB shall explicitly notify the client only on: • The presence of a security right or right to retention over the client’s money or financial instruments in favor of the IB and the circumstances at which such rights occur or may occur; The presence of a right for deduction over the client’s money or financial instruments in favor of the IB and the circumstances at which such rights occur or may occur; • The presence and the conditions under which the IB is entitled or may be entitled to a right to deduction in respect of client financial instruments and funds; • When applicable - the possibility that the depository institution has a security right, a right to retention or a right to deduction over the client’s financial instruments or funds; • The IB shall not be obliged to notify the client on the risks involved with the recommended deals with financial instruments, it may do so at its own discretion; • Professional clients shall be able to independently determine the information they need for taking an investment decision and to request from the IB to provide them this information. When providing consultations, the IB shall consider the client able to fully estimate the extent to which the consultations are suitable to his financial abilities and investment objectives.
3.2. With regard to the “eligible counterparty” the IB shall not be obliged to: • observe the requirement to provide clear, fair and detailed information on the investment services provided, as well as on the associated charges; • analyze the client’s financial abilities, objectives, experience, knowledge and his will to take risks, or take into consideration such information if available; • apply its best execution policy, as well as to request the client’s approval as of that; • execute the accepted client’s orders without delay, accurately and fairly, as well as keep the entry numbers of the orders. Class in terms of average daily turnover (ADT) ADT < 500 000 500 000 ≤ ADT < 1 000 000 1 000 000 ≤ ADT < 25 000 000 25 000 000 ≤ ADT < 50 000 000 ADT ≥ 50 000 000 Minimum size of order qualifying as large in scale compared with normal market size 50 000 100 000 250 000 400 000 500 000
Levels of protection. Affirming full respect for each Party's constitution, and recognizing the right of each Party to establish its own domestic labor standards, and to adopt or modify accordingly its labor laws and regulations, each Party shall ensure that its labor laws and regulations provide for high labor standards, consistent with high quality and productivity workplaces, and shall continue to strive to improve those standards in that light. ANNEX 1 ‐ LABOR PRINCIPLES The following are guiding principles that the Parties are committed to promote, subject to each Party's domestic law, but do not establish common minimum standards for their domestic law. They indicate broad areas of concern where the Parties have developed, each in its own way, laws, regulations, procedures and practices that protect the rights and interests of their respective workforces. 1. Freedom of association and protection of the right to organize The right of workers exercised freely and without impediment to establish and join organizations of their own choosing to further and defend their interests. 2. The right to bargain collectively The protection of the right of organized workers to freely engage in collective bargaining on matters concerning the terms and conditions of employment.
