Common use of Market Access for Financial Institutions Clause in Contracts

Market Access for Financial Institutions. A Party shall not adopt or maintain, with respect to financial institutions of the other Party,10-2 either on the basis of a regional subdivision or on the basis of its entire territory, measures that: (a) impose limitations on (i) the number of financial institutions whether in the form of numerical quotas, monopolies, exclusive service suppliers or the requirements of an economic needs test; (ii) the total value of financial service transactions or assets in the form of numerical quotas or the requirement of an economic needs test; (iii) the total number of financial service operations or the total quantity of financial services output expressed in terms of designated numerical units in the form of quotas or the requirement of an economic needs test; or (iv) the total number of natural persons that may be employed in a particular financial service sector or that a financial institution may employ and who are necessary for, and directly related to, the supply of a specific financial service in the form of a numerical quota or the requirement of an economic needs test; or (b) restrict or require specific types of legal entity or joint venture through which a financial institution may supply a service.

Market Access for Financial Institutions. A Party shall not adopt or maintain, with respect to financial institutions investors of the other Party,10-2 Party, either on the basis of a regional subdivision or on the basis of its entire territory, measures that: (a) impose limitations onlimitations: (i) on the number of financial institutions institutions, whether in the form of numerical quotas, monopolies, exclusive service suppliers suppliers, or the requirements requirement of an economic needs test; (ii) on the total value of financial service transactions or assets in the form of numerical quotas or the requirement of an economic needs test; (iii) on the total number of financial service operations or on the total quantity of financial services output expressed in terms of designated numerical units in the form of quotas or the requirement of an economic needs test; 12-19 or (iv) on the total number of natural persons that may be employed in a particular financial service sector or that a financial institution may employ and who are necessary for, and directly related to, the supply of a specific financial service in the form of a numerical quota quotas or the requirement of an economic needs test; or (b) restrict or require specific types of legal entity or joint venture through which a financial institution may supply a service.

Market Access for Financial Institutions. A Neither Party shall not adopt or maintain, maintain with respect to financial institutions of the other Party,10-2 Party or investors of the other Party seeking to establish those institutions, either on the basis of a regional subdivision or on the basis of its entire territory, measures that: (a) impose limitations on: (i) the number of financial institutions whether in the form of numerical quotas, monopolies, exclusive service suppliers or the requirements requirement of an economic needs test; (ii) the total value of financial service transactions or assets in the form of numerical quotas or the requirement of an economic needs test; (iii) the total number of financial service operations or the total quantity of financial services output expressed in terms of designated numerical units in the form of quotas or the requirement of an economic needs test; (6) or (iv) the total number of natural persons that may be employed in a particular financial service sector or that a financial institution may employ and who are necessary for, and directly related to, the supply of a specific financial service in the form of a numerical quota quotas or the requirement of an economic needs test; or (b) restrict or require specific types of legal entity or joint venture through which a financial institution may supply a service.

Market Access for Financial Institutions. A Neither Party shall not adopt or maintainmay, with respect to financial institutions investors of the other Party,10-2 Party, either on the basis of a regional subdivision or on the basis of its entire territory, territory adopt or maintain measures that: (a) impose limitations on: (i) the number of financial institutions whether in the form of numerical quotas, monopolies, exclusive financial service suppliers suppliers, or the requirements of an economic needs test;, (ii) the total value of financial service transactions or assets in the form of numerical quotas or the requirement of an economic needs test;, (iii) the total number of financial service operations or on the total quantity of financial services output expressed in terms of designated numerical units in the form of quotas or the requirement of an economic needs test; , or (iv) the total number of natural persons that may be employed in a particular financial service sector or that a financial institution may employ and who are necessary for, and directly related to, the supply of a specific financial service in the form of a numerical quota or the requirement of an economic needs test; or (b) restrict or require specific types of legal entity or joint venture through which a financial institution may supply a service.

Market Access for Financial Institutions. A Party shall not adopt or maintain, with respect to financial institutions of the other Party,10-2 Party, either on the basis of a regional subdivision or on the basis of its entire territory, measures that: (a) impose limitations on: (i) the number of financial institutions whether in the form of numerical quotas, monopolies, exclusive service suppliers suppliers, or the requirements of an economic needs test; (ii) the total value of financial service transactions or assets in the form of numerical quotas or the requirement of an economic needs test; (iii) the total number of financial service operations or on the total quantity of financial services output expressed in terms of designated numerical units in the form of quotas or the requirement of an economic needs test; or (iv) the total number of natural persons that may be employed in a particular financial service sector or that a financial institution may employ and who are necessary for, and directly related to, the supply of a specific financial service in the form of a numerical quota quotas or the requirement of an economic needs test; or (b) restrict or require specific types of legal entity or joint venture through which a financial institution may supply a service.

Market Access for Financial Institutions. A Party shall not adopt or maintain, with respect to financial institutions investors of the other Party,10-2 either Party, cither on the basis of a regional subdivision or on the basis of its entire territory, measures that: (a) impose limitations on (i) the number of financial institutions institutions, whether in the form of numerical quotas, monopolies, exclusive service suppliers suppliers, or the requirements requirement of an economic needs test; (ii) the total value of financial service transactions or assets in the form of numerical quotas or the requirement of an economic needs test; (iii) the total number of financial service operations or on the total quantity of financial services output expressed in terms of designated numerical units in the form of quotas or the requirement of an economic needs test; (13-1) or (iv) the total number of natural persons that may be employed in a particular financial service sector or that a financial institution may employ and who are necessary for, and directly related to, the supply of a specific financial service in the form of a numerical quota quotas or the requirement of an economic needs test; or (b) restrict or require specific types of legal entity or joint venture through which a financial institution may supply a service. (13-1) This clause does not cover measures of a Party which limit inputs for the supply of financial services.

Market Access for Financial Institutions. A Party shall not adopt or maintain, with respect to financial institutions of the other Party,10Party, (10-2 2) either on the basis of a regional subdivision or on the basis of its entire territory, measures that: (a) impose limitations on (i) the number of financial institutions whether in the form of numerical quotas, monopolies, exclusive service suppliers or the requirements of an economic needs test; (ii) the total value of financial service transactions or assets in the form of numerical quotas or the requirement of an economic needs test; (iii) the total number of financial service operations or the total quantity of financial services output expressed in terms of designated numerical units in the form of quotas or the requirement of an economic needs test; or (iv) the total number of natural persons that may be employed in a particular financial service sector or that a financial institution may employ and who are necessary for, and directly related to, the supply of a specific financial service in the form of a numerical quota or the requirement of an economic needs test; or (b) restrict or require specific types of legal entity or joint venture through which a financial institution may supply a service.