Strongly asserts that any new regulation in this area should not duplicate existing regulation for specific entities; notes that this is particularly important in order to avoid double regulation of the banking and investment services sector; prefers a functional approach to regulation which takes into account different risk profiles and competitive situations of different entities as well as the role of CSDs recognised by most Member States; 5.
5. ir pārliecināts, ka no nevajadzīga noteikumu sloga vislabāk var izvairīties, pievēršot pietiekamu uzmanību analīzei, lai noteiktu tās jomas, kurās var būt nepieciešami noteikumi;