Xrcvlslc`nj vmrslc`
Gcoolttmm c` Jmfnj Nbbnlrs n`k Euon` Ylfets
Onss survmljjn`gm
Ympcrt
Ynppcrtmur4 Or Xlmtmr Cotzlft, @mtemrjn`ks, Frcup cb tem Murcpmn` Xmcpjm's Xnrty
‚Cur brmmkco ls iuljt c` went ctemrs kc `ct a`cw cb cur mxlstm`gms‟
Njmxn`kr Wcjzem`ltsy`
N. Krnbt rmscjutlc`
>. [em Xnrjlnom`tnry Nssmoijy ls kmmpjy gc`gmr`mk nicut onss survmljjn`gm prngtlgms klsgjcsmk sl`gm Du`m 98>7 iy dcur`njlsts tc weco n bcromr ]W `ntlc`nj smgurlty l`slkmr, Or. Mkwnrk W`cwkm`, enk m`trustmk n jnrfm nocu`t cb tcp smgrmt kntn mstnijlsel`f tem mxlstm`gm cb onss survmljjn`gm n`k jnrfm-sgnjm l`truslc` prngtlgms eltemrtc u`a`cw` tc tem fm`mrnj puijlg n`k mvm` tc ocst pcjltlgnj kmglslc`-onamrs. 9. [em l`bcrontlc` klsgjcsmk sc bnr l` tem W`cwkm` bljms ens trlffmrmk n onsslvm, wcrjk-wlkm kmintm nicut onss survmljjn`gm iy tem ]W n`k ctemr gcu`trlms“ l`tmjjlfm`gm smrvlgms n`k tem jnga cb nkmquntm jmfnj rmfujntlc` n`k tmge`lgnj prctmgtlc` nt tem `ntlc`nj n`k l`tmr`ntlc`nj jmvmj, n`k/cr lts mbbmgtlvm m`bcrgmom`t. 7. [em klsgjcsurms envm prcvlkmk gcopmjjl`f mvlkm`gm cb tem mxlstm`gm cb bnr-rmngel`f, tmge`cjcflgnjjy nkvn`gmk systmos put l` pjngm iy ]W l`tmjjlfm`gm smrvlgms n`k temlr pnrt`mrs l` gmrtnl` Gcu`glj cb Murcpm omoimr stntms tc gcjjmgt, stcrm n`k n`njysm gcoou`lgntlc` kntn, l`gjukl`f gc`tm`t, jcgntlc` n`k ctemr omtnkntn, c` n onsslvm sgnjm, ns wmjj ns tnrfmtmk survmljjn`gm omnsurms m`gcopnssl`f `uomrcus pmrsc`s nfnl`st weco temrm ls `c frcu`k bcr susplglc` cb n`y wrc`fkcl`f. ;. [em survmljjn`gm prngtlgms klsgjcsmk sc bnr m`kn`fmr bu`knom`tnj euon` rlfets, l`gjukl`f tem rlfets tc prlvngy (Nrtlgjm 5 Murcpmn` Gc`vm`tlc` c` Euon` Ylfets (MGEY)), brmmkco cb l`bcrontlc` n`k mxprmsslc` (Nrtlgjm >8, MGEY), n`k tem rlfets tc n bnlr trlnj (Nrtlgjm 2, MGEY) n`k brmmkco cb rmjlflc` (Nrtlgjm <) - mspmglnjjy wem` prlvljmfmk gcoou`lgntlc`s cb jnwymrs n`k rmjlflcus ol`lstmrs nrm l`tmrgmptmk n`k wem` klfltnj mvlkm`gm ls on`lpujntmk). [emsm rlfets nrm gcr`mrstc`ms cb kmocgrngy. [emlr l`brl`fmom`t wltecut nkmquntm duklglnj gc`trcj njsc dmcpnrklzms tem rujm cb jnw. =. [em Nssmoijy ls njsc kmmpjy wcrrlmk nicut termnts tc l`tmr`mt smgurlty iy tem prngtlgm cb gmrtnl` l`tmjjlfm`gm nfm`glms, klsgjcsmk l` tem W`cwkm` bljms, cb smmal`f cut systmontlgnjjy, usl`f n`k mvm` grmntl`f ‚inga kccrs‟ n`k ctemr wmna`mssms l` smgurlty stn`knrks n`k lopjmom`tntlc`, welge gcujk mnsljy im mxpjcltmk njsc iy tmrrcrlsts n`k gyimr-tmrrcrlsts cr ctemr grlol`njs. 2. Lt ls njsc wcrrlmk iy tem gcjjmgtlc` cb onsslvm nocu`ts cb pmrsc`nj kntn iy prlvntm iusl`mssms n`k tem rlsa tent temsm kntn ony im nggmssmk n`k usmk bcr u`jnwbuj purpcsms iy stntm cr `c`-stntm ngtcrs. 6. [em Nssmoijy ls njsc kmmpjy wcrrlmk iy tem mxtm`slvm usm cb smgrmt jnws, smgrmt gcurts n`k smgrmt l`tmrprmtntlc`s cb suge jnws, welge nrm vmry pccrjy sgrutl`lzmk.
∖
Krnbt rmscjutlc` n`k krnbt rmgcoom`kntlc` nkcptmk u`n`locusjy iy tem gcoolttmm c` 92 Dn`unry 98>=. B ‗ 2686= Wtrnsicurf Gmkmx | nssmoijyHgcm.l`t | [mj4 + 77 7 55 ;> 9888 | Bnx4 +77 7 55 ;> 9677
NW/Dur (98>=) 8>
5. [em gc`smqum`gms cb onss survmljjn`gm tccjs suge ns tecsm kmvmjcpmk iy tem ]W n`k njjlmk smrvlgms bnjjl`f l`tc tem en`ks cb nutecrltnrln` rmfloms wcujk im gntnstrcpelg. L` tloms cb grlsls, lt ls `ct lopcsslijm bcr mxmgutlvm pcwmr tc bnjj l`tc tem en`ks cb mxtrmolst pcjltlgln`s, mvm` l` mstnijlsemk kmocgrnglms. Elfe-tmge`cjcfy survmljjn`gm tccjs nrm njrmnky l` usm l` n `uoimr cb nutecrltnrln` rmfloms n`k nrm usmk tc trnga kcw` cppc`m`ts n`k tc supprmss brmmkco cb l`bcrontlc` n`k mxprmsslc`. <. L` smvmrnj gcu`trlms, n onsslvm ‚Wurvmljjn`gm-L`kustrlnj Gcopjmx‟ ens mvcjvmk, bcstmrmk iy tem gujturm cb smgrmgy surrcu`kl`f survmljjn`gm cpmrntlc`s, temlr elfejy tmge`lgnj genrngtmr n`k tem bngt tent icte tem smrlcus`mss cb njjmfmk termnts n`k tem `mmk bcr spmglblg gcu`tmr-omnsurms n`k temlr gcsts n`k im`mblts nrm klbblgujt tc nssmss bcr pcjltlgnj n`k iukfmtnry kmglslc`-onamrs wltecut rmjyl`f c` l`put brco l`tmrmstmk frcups temosmjvms. [emsm pcwmrbuj strugturms rlsa msgnpl`f kmocgrntlg gc`trcj n`k nggcu`tniljlty n`k termntm` tem brmm n`k cpm` genrngtmr cb cur scglmtlms. >8. [em Nssmoijy `ctms tent tem jnw l` ocst stntms prcvlkms scom prctmgtlc` bcr tem prlvngy cb temlr cw` gltlzm`s, iut `ct cb bcrmlf`mrs. [em W`cwkm` bljms envm secw` tent tem @WN n`k temlr bcrmlf` pnrt`mrs, l` pnrtlgujnr noc`f tem ‚Blvm Myms‟ pnrt`mrs (]`ltmk Wtntms, ]`ltmk Al`fkco, Gn`nkn, Nustrnjln, @mw Tmnjn`k) glrguovm`t `ntlc`nj rmstrlgtlc`s iy mxgen`fl`f kntn c` mnge ctemr“s gltlzm`s. >>. [em Nssmoijy rmgcf`lsms tem `mmk bcr mbbmgtlvm, tnrfmtmk survmljjn`gm cb suspmgtmk tmrrcrlsts cr ctemr crfn`lsmk grlol`nj glrgults. Wuge tnrfmtmk survmljjn`gm gn` im n` mbbmgtlvm tccj bcr jnw m`bcrgmom`t n`k grlom prmvm`tlc`. Nt tem snom tlom, lt `ctms tent nggcrkl`f tc l`kmpm`km`t rmvlmws gnrrlmk l` tem ]`ltmk Wtntms, onss survmljjn`gm kcms `ct nppmnr tc envm gc`trliutmk tc tem prmvm`tlc` cb tmrrcrlst nttngas, gc`trnry tc mnrjlmr nssmrtlc`s onkm iy sm`lcr l`tmjjlfm`gm cbblglnjs. L`stmnk, rmscurgms tent olfet prmvm`t nttngas nrm klvmrtmk tc onss survmljjn`gm, jmnvl`f pctm`tlnjjy kn`fmrcus pmrsc`s brmm tc ngt. >9. [em Nssmoijy njsc rmgcf`lsms tem `mmk bcr trn`sntjn`tlg gccpmrntlc` l` tem blfet nfnl`st tmrrcrlso n`k ctemr bcros cb crfn`lsmk grlom. Iut lt gc`slkmrs tent suge gccpmrntlc` oust im insmk c` outunj trust insmk c` rmspmgt bcr euon` rlfets n`k tem rujm cb jnw. [els trust ens imm` smvmrmjy knonfmk iy tem onss survmljjn`gm prngtlgms rmvmnjmk l` tem W`cwkm` bljms. >7. L` crkmr tc rmiuljk trust noc`f tem trn`sntjn`tlg pnrt`mrs, noc`f tem omoimr stntms cb tem Gcu`glj cb Murcpm n`k njsc imtwmm` gltlzm`s n`k temlr cw` fcvmr`om`ts, n jmfnj brnomwcra oust im put l` pjngm nt tem `ntlc`nj n`k l`tmr`ntlc`nj jmvmj welge m`surms tem prctmgtlc` cb euon` rlfets, mspmglnjjy tent welge smgurms tem rlfet tc prlvngy. N` mbbmgtlvm tccj bcr tem m`bcrgmom`t cb suge n jmfnj n`k tmge`lgnj brnomwcra, imslkms m`en`gmk duklglnj n`k pnrjlnom`tnry sgrutl`y, ls grmklijm prctmgtlc` mxtm`kmk tc welstjm-ijcwmrs wec mxpcsm vlcjntlc`s. >;. [em rmjugtn`gm cb tem gcopmtm`t ]W nutecrltlms n`k temlr Murcpmn` gcu`tmrpnrts tc gc`trliutm tc tem gjnrlblgntlc` cb tem bngts, l`gjukl`f temlr rmbusnj tc nttm`k emnrl`fs crfn`lsmk iy tem Nssmoijy n`k tem Murcpmn` Xnrjlnom`t, ns wmjj ns tem enrse trmntom`t cb welstjm-ijcwmr Mkwnrk W`cwkm`, kcms `ct gc`trliutm tc rmstcrl`f outunj trust n`k puijlg gc`blkm`gm. >=. [em Nssmoijy wmjgcoms l`ltlntlvms wltel` tem ]W Gc`frmss tc rmvlmw mxlstl`f jmflsjntlc` l` crkmr tc ol`lolsm niusms ns wmjj ns tem Fmron`
Iu`kmstnf“s
kmglslc` tc smt up n gcoolttmm cb l`qulry l`tc tem rmpmrgusslc`s cb tem @WN nbbnlr l` Fmron`y. Lt gnjjs c` tem Iu`kmstnf gcoolttmm tc gnrry cut lts tnsas cb ecjkl`f tc nggcu`t tem mxmgutlvm n`k smmal`f tem trute wltecut rmfnrk tc pnrty-pcjltlgnj gc`slkmrntlc`s n`k m`gcurnfms ctemr pnrjlnom`ts tc moinra c` sloljnr l`qulrlms. >2. [em Nssmoijy wmjgcoms tem tecrcufe l`vmstlfntlc` gnrrlmk cut iy tem Murcpmn` Xnrjlnom`t jmnkl`f tc tem nkcptlc`, c` >9 Onrge 98>;, cb n gcoprmem`slvm rmscjutlc` c` tem @WN nbbnlr n`k lts rmpmrgusslc`s bcr Murc-Ntjn`tlg rmjntlc`s. L` pnrtlgujnr, tem Nssmoijy strc`fjy m`kcrsms4 >2.>. tem l`vltntlc` nkkrmssmk tc tem Wmgrmtnry Fm`mrnj cb tem Gcu`glj cb Murcpm iy tem Murcpmn` Xnrjlnom`t tc jnu`ge n` Nrtlgjm =9 MGEY prcgmkurm wlte n vlmw tc rmqumstl`f l`bcrontlc` c` tem on``mr l` welge Wtntms Xnrtlms lopjmom`t rmjmvn`t prcvlslc`s cb tem Gc`vm`tlc`, n`k >2.9. tem Murcpmn` Xnrjlnom`t“s gnjj tc prcoctm tem wlkm usm cb m`gryptlc` n`k rmslst n`y nttmopts tc wmnam` m`gryptlc` n`k ctemr l`tmr`mt snbmty stn`knrks, `ct c`jy l` tem l`tmrmst cb prlvngy, iut njsc l` tem l`tmrmst cb termnts nfnl`st `ntlc`nj smgurlty pcsmk iy rcfum stntms, tmrrcrlsts, gyimr-tmrrcrlsts n`k crkl`nry grlol`njs.
9
NW/Dur (98>=) 8>
>6. [em Nssmoijy temrmbcrm urfms tem Gcu`glj cb Murcpm“s omoimr n`k Cismrvmr Wtntms tc >6.>. m`surm tent `ntlc`nj jnw njjcws tem gcjjmgtlc` n`k n`njysls cb pmrsc`nj kntn (l`gjukl`f sc-gnjjmk omtnkntn) c`jy wlte tem gc`sm`t cb tem pmrsc` gc`gmr`mk cr bcjjcwl`f n gcurt crkmr frn`tmk c` tem insls cb rmnsc`nijm susplglc` cb tem tnrfmt iml`f l`vcjvmk l` grlol`nj ngtlvlty1 u`jnwbuj kntn gcjjmgtlc` n`k trmntom`t secujk im pm`njlsmk l` tem snom wny ns tem vlcjntlc` cb tem trnkltlc`nj onlj smgrmt 1 tem grmntlc` cb ‚ingakccrs‟ cr n`y ctemr tmge`lqums tc wmnam` cr glrguovm`t smgurlty omnsurms cr mxpjclt temlr mxlstl`f wmna`mssms secujk im strlgtjy prceliltmk1 njj l`stltutlc`s n`k iusl`mssms ecjkl`f pmrsc`nj kntn secujk im emjk tc nppjy tem ocst mbbmgtlvm smgurlty omnsurms nvnljnijm1 >6.9. m`surm, l` crkmr tc m`bcrgm suge n jmfnj brnomwcra, tent temlr l`tmjjlfm`gm smrvlgms nrm suidmgt tc nkmquntm duklglnj n`k/cr pnrjlnom`tnry gc`trcj omgen`lsos. @ntlc`nj gc`trcj omgen`lsos senjj envm subblglm`t nggmss tc l`bcrontlc` n`k mxpmrtlsm n`k tem pcwmr tc rmvlmw l`tmr`ntlc`nj gccpmrntlc` wltecut rmfnrk tc tem crlfl`ntcr gc`trcj prl`glpjm, c` n outunj insls1 >6.7. prcvlkm bcr grmklijm, mbbmgtlvm prctmgtlc` bcr welstjm-ijcwmrs mxpcsl`f u`jnwbuj survmljjn`gm ngtlvltlms, l`gjukl`f nsyjuo l` gnsms cb termntm`mk u`bnlr prcsmgutlc` l` temlr ecom gcu`try1 >6.;. nfrmm c` n oujtljntmrnj ‚L`tmjjlfm`gm Gckmx‟ bcr temlr l`tmjjlfm`gm smrvlgms, welge jnys kcw` rujms fcvmr`l`f gccpmrntlc` bcr purpcsms cb tem blfet nfnl`st tmrrcrlso n`k crfn`lsmk grlom. [em Gckmx secujk l`gjukm n outunj m`fnfmom`t tc nppjy tc tem survmljjn`gm cb mnge ctemr“s `ntlc`njs n`k rmslkm`ts tem snom rujms ns tecsm nppjlmk tc temlr cw`, n`k tc senrm kntn citnl`mk tercufe jnwbuj survmljjn`gm omnsurms scjmjy bcr tem purpcsms bcr welge temy wmrm gcjjmgtmk. [em usm cb survmljjn`gm omnsurms bcr pcjltlgnj, mgc`colg cr klpjcontlg purpcsms noc`f pnrtlglpntl`f stntms secujk im in``mk. Xnrtlglpntlc` secujk im cpm` tc njj stntms wec lopjmom`t n jmfnj brnomwcra nt `ntlc`nj jmvmj gcrrmspc`kl`f tc spmglblgntlc`s m`uomrntmk l` pnrn. >2.>. ‗ >2.71 >6.=. prcoctm tem burtemr kmvmjcpom`t cb usmr-brlm`kjy (nutcontlg) kntn prctmgtlc` tmge`lqums gnpnijm cb gcu`tmrl`f onss survmljjn`gm n`k n`y ctemr termnts tc l`tmr`mt smgurlty, l`gjukl`f tecsm pcsmk iy `c`-stntm ngtcrs. >6.2. rmbrnl` brco mxpcrtl`f nkvn`gmk survmljjn`gm tmge`cjcfy tc nutecrltnrln` rmfloms. >5. [em Nssmoijy njsc l`vltms tem gcopmtm`t icklms cb tem Murcpmn` ]`lc` tc onam usm cb njj tem l`struom`ts nt temlr klspcsnj tc prcoctm tem prlvngy cb njj Murcpmn`s l` temlr rmjntlc`s wlte temlr gcu`tmrpnrts l` tem ]`ltmk Wtntms, l` pnrtlgujnr l` `mfctlntl`f cr lopjmom`tl`f tem [rn`sntjn`tlg [rnkm n`k L`vmstom`t Xnrt`mrselp ([[LX), tem Wnbm Enricur kmglslc`, tem [mrrcrlst Bl`n`gl`f [rngal`f Xrcfrno ([B[X) n`k tem Xnssm`fmr @nom Ymgcrks (X@Y) nfrmmom`t. 7