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the penalties provided for must be effective , proportionate and dissuasive .
the penalties provided for must be effective , proportionate and dissuasive .
Last Update: 2011-10-23
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sin embargo, como ha señalado el sr. valencia rodríguez, la palabra proportionate (proporcional) implica un elemento subjetivo que no es compatible con la noción de legitimidad.
however, as mr. valencia rodriguez had noted, the word "proportionate " had a subjective connotation that was not compatible with the idea of legitimacy.
Last Update: 2016-11-29
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interpretation of the oversight standards should be proportionate to the type of system, i.e. less strict for retail payment systems than for sipss. as outlined in the response to the previous question in relation to the three-tier categorisation of retail payments, the strictness of the oversight standards has to be proportionate to the risk that the underlying systems pose to the financial system.
a este respecto, el eurosistema tendrá especialmente en cuenta si el sistema en cuestión es el único sistema de pequeños pagos que opera en un país determinado o si en él se concentra una proporción significativa de las operaciones al por menor. si se produjera un fallo de funcionamiento del sistema, el procesamiento de pequeños pagos en ese país podría resultar difícil para los bancos.
Last Update: 2012-03-19
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