For greater certainty. (a) a Party may impose terms, conditions, and procedures for the authorisation of the establishment and expansion of a commercial presence provided that they do not circumvent the Party’s obligation under paragraph 1 and are consistent with the other provisions of this Chapter; and (b) this Article does not prevent a Party from requiring a financial institution to supply certain financial services through separate legal entities if, under the law of the Party, the range of financial services supplied by the financial institution may not be supplied through a single entity.
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Sources: Comprehensive Economic and Trade Agreement (Ceta), Comprehensive Economic and Trade Agreement (Ceta)
For greater certainty. (a) a Party may impose terms, conditions, and procedures for the authorisation of the establishment and expansion of a commercial presence provided that they do not circumvent the Party’s 's obligation under paragraph 1 and are consistent with the other provisions of this Chapter; and
(b) this Article article does not prevent a Party from requiring a financial institution to supply certain financial services through separate legal entities if, under the law of the Party, the range of financial services supplied by the financial institution may not be supplied through a single entity.
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For greater certainty. (a) a Party may impose terms, conditions, and procedures for the authorisation of the establishment and expansion of a commercial presence provided that they do not circumvent the Party’s 's obligation under paragraph 1 and are consistent with the other provisions of this Chapter; and
(b) this Article does not prevent a Party from requiring a financial institution to supply certain financial services through separate legal entities if, under the law of the Party, the range of financial services supplied by the financial institution may not be supplied through a single entity.
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