| 单词 | passporting rights |
| 释义 | > as lemmaspassporting rights 2. A system or policy authorizing financial service companies registered in a country belonging to the European Economic Area to operate in other member states. Frequently as a modifier, as in passporting rights, etc.In quot. 1992 with reference to the former European Economic Community (see European Economic Community at European adj. 5b). ΚΠ 1992 J. Watts in Hansard Commons 22 Oct. 581 Will my right hon. Friend make it a priority..to ensure that..we do not face the prospect of a bank inadequately regulated in another [European] Community country..being able to operate here under the passporting procedures? 2016 New European (Nexis) 29 Sept. 5 More than 8,000 European businesses are using passporting to conduct business in the UK. 2021 Mondaq Business Briefing (Nexis) 3 Feb. The UK's exit from the European single market and the loss of EU passporting rights has had a profound impact on its financial services sector. < as lemmas |
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