Business terms and jargon explained. Your business dictionary

What is Lamfalussy

The new processes for the development of legislation adopted for the securities sector and in the process of being implemented for banking and insurance. Under this approach, framework directives are adopted under the current co-decision procedures, but measures designed to implement the detailed requirements are approved through comitology.

© Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

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Beneficial Owner	Pataca	N445 Civil Court form	Ex parte
Interchange fee	fringe benefits	Market share	Treeware
Quetzal	Transfer of Shares	Merchant Bank	WYSIWYG
NGO	Cancellation Period	Overseas company	Writ
Principal Place of Business	Sale and Leaseback	PaaS	Appropriate systems
Committal for sentence	Financial Ombudsman Service	WIM	Public corporations
Diversification	Inter alia	Decree Nisi	Assignee
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Shelf life	Per stirpes	Technical economies	Principal trade
Apportionment	Affiliate	Ratio decidendi	Intermediate goods

Term created / updated 2007-05-22 14:12:42

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