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"equivalence" Definitions
  1. equivalence (between A and B) the fact or state of being equal in value, amount, meaning, importance, etc.

673 Sentences With "equivalence"

How to use equivalence in a sentence? Find typical usage patterns (collocations)/phrases/context for "equivalence" and check conjugation/comparative form for "equivalence". Mastering all the usages of "equivalence" from sentence examples published by news publications.

" OPPORTUNITY FOR UK/EU FINANCIAL SERVICES DYNAMIC EQUIVALENCE "There is a unique opportunity to have this type of arrangement, a dynamic equivalence arrangement, an arrangement that focuses on equivalence of outcomes, as opposed to textual equivalence of every rule.
British suggestions that a system of "regulatory equivalence" should qualify meet hollow laughs: the moment that British regulation deviates from the EU's, equivalence will be lost.
Just as 'unskewed polls' was for the right in 2012 It didn't go unnoticed that Gabriel had used false equivalence against a critique of false equivalence.
The EU could withdraw equivalence at short notice unless there were protections, and an independent dispute resolution mechanism would also be needed to make equivalence work, Carney said.
Reuters reported last month that the bloc was opposed to changing equivalence solely for Britain, and that any improvements to its so-called equivalence regime would apply to other countries too.
"Although we did not express our opposition to the resubmitted draft equivalence decision due to the need for an equivalence decision to be in place for 3 January 2018, we continue to pursue the goal of an unlimited equivalence recognition of the legal and supervisory framework applicable to stock exchanges in Switzerland," it added.
Thirteen years after Higher Topos Theory formalized the mathematics of equivalence, these new initiatives are an attempt to refine and promote the ideas—to make the mathematics of equivalence more universally accessible.
Britain wanted the EU to offer a more accommodative version of equivalence covering a broader range of financial activities, and ensure the EU could not end equivalence-based access at short notice.
Yet that is not a reason to dismiss equivalence altogether.
That's not to say there's an equivalence between the two.
Some have suggested relying on regulatory equivalence or mutual recognition.
Your chances for equivalence went out the door last night.
The EU is tightening up equivalence conditions ahead of Brexit.
"This equivalence is not OK," he said of Trump's response.
I understand the pressures that often lead to false equivalence.
And, no, I'm not about to lapse into false equivalence.
White people DO NOT have equivalence for this fear of violence.
Antonio Vega Macotela's "Equivalence of Silver" (2011) is a prime example.
If regulators work together, equivalence could be made to function well.
There is an equivalence between a tariff and an FX move.
"Decisions on equivalence are always of unilateral nature," the text said.
There is no equivalence with the brutal regime of Vladimir Putin.
To be clear, there's no equivalence between white supremacists and antifas.
"It's exactly the false equivalence between graduation and education," Tatos said.
Only Switzerland, Bermuda and Japan (temporarily) have been granted this equivalence.
It gives the marginal a megaphone and traffics in false equivalence.
There's no equivalence between a relevant witness and an irrelevant one.
They want to reformulate mathematics in the looser language of equivalence.
Paths between those points would express equivalence relationships between the objects.
It's complicated when you're working with even strong notions of equivalence.
Colliders get their mojo from Einstein's equivalence of mass and energy.
Political scientists in some ways, just like journalists, pursue false equivalence.
But equivalence offers only patchy and unpredictable direct access, which is why so many UK-based firms have set up in the EU. And this has raised questions about how beneficial equivalence will be in practice.
The result, diplomats said, was the compromise text which offers "improved" equivalence — the "improved" is largely meaningless, though the note refers to the fact that the EU is reviewing its equivalence rules for a range of countries.
But the defeat of one false equivalence does not sanctify the practice.
But the truth is the comparison is a case of false equivalence.
If the deadline is met, equivalence is likely to be renewed indefinitely.
If those mass values are the same, Einstein's equivalence principle holds true.
Britain has cut and pasted the EU's equivalence regime into national law.
Alternatively, PCAOB could grant Beijing some equivalence and rely on local inspections.
Sir Eric's equivalence beween physical and spiritual threats is not entirely convincing.
Facebook, in other words, is fast falling into a false equivalence trap.
The equivalence was false, Fish thought, because the inquiries had different goals.
A stated equivalence between white supremacists and those who would oppose them.
Last month's agreement by EU leaders spoke about "improved" equivalence, without elaborating.
The bloc has been toughening up conditions for equivalence ahead of Brexit.
FCA'S DELFAS SAYS EU "EQUIVALENCE" DECISIONS SHOULD BE BASED ON TECHNICAL ASSESSMENTS
Mr. Modi was the first prominent Indian politician to breach this equivalence.
Britain's Chancellor Philip Hammond said he was not ruling out using equivalence in financial services regulation, although he did not like the EU's model of it, which allows the EU executive to revoke the equivalence at short notice.
"White people DO NOT have equivalence for this fear of violence," Hathaway said.
I think, by the way, policy journalism is particularly hamstrung by false equivalence.
These would largely have to replicate the EU's rules to maintain regulatory equivalence.
Litvack said "equivalence" was likely to be complicated and open to political interference.
There is no equivalence on any of these issues or between these candidates.
Equivalence was a good "building block" to being post-Brexit EU market access.
Luxembourg is keen to make equivalence more flexible, but France is more cautious.
The false equivalence so often found during the campaign seems to have resurfaced.
"I think equivalence without some stability...would be pretty much valueless," he added.
" Simon Morris, a financial services lawyer at CMS, said requiring formal equivalence assessments indicates distrust and disarray despite decades of close cooperation inside the EU. "It looks like the end result will be no more than patchy and revocable equivalence decisions.
Dijsselhof said he thought the EU was likely to try and impose a similar one-year limit on equivalence for UK companies, using it as a bargaining chip in negotiations, but he was confident the market would eventually win full equivalence.
"It should be noted that equivalence empowerments do not confer a right on third countries ... to receive an equivalence determination, even if those third countries are able to demonstrate that their framework fulfils the relevant criteria," the Commission's policy paper said.
" Another participant at Tuesday's meeting said: "The EU offering the equivalence option to the UK in financial services is the best option they can hope for... equivalence is a possibility, if the Brits can agree to not changing their legislation much.
"In spite of these improvements, there are some clear limits to equivalence," he said.
Such equivalence was anathema to American statesmen, who claimed to abide by higher standards.
But that's a false equivalence, because Westworld isn't an adaptation of a novel series.
This means finance executives may have to rely on what it known as equivalence.
Under current equivalence rules, access is patchy and can be revoked at short notice.
Dombret was alluding to an alternative to full passporting, a system known as equivalence.
Negative partisanship exists on both sides, but I'm not sure there's a perfect equivalence.
In October, Biden said that Trump "assigns moral equivalence" to "dark forces" of hatred.
"People are quite hardline about not having equivalence as the final state," Browne said.
The European Commission can unilaterally scrap an equivalence decision by giving a month's notice.
I still sometimes see people suggesting an equivalence between Mr. Trump and Bernie Sanders.
Britain's banks may find that their operations aren't affected all that much by equivalence.
Another journalistic technique that you take issue with in the book is false equivalence.
Drawing false equivalence between the two candidates diverted the public's attention away from Mrs.
Maintaining the existing "equivalence" regime for recognising foreign clearing houses was also being considered.
Headlines Sajid Javid to push for "permanent equivalence" for City in Brexit talks on.ft.
The commission had initially proposed to grant equivalence to more than 80 alternative exchanges.
He has said there was a willingness to look at the possibilities of equivalence.
Reinsurers like the Lloyd's of London market want equivalence, as do stock trading platforms.
You're weightless, something known as the equivalence principle, what Einstein called his happiest thought.
Trump appeared to suggest equivalence between the white nationalists and demonstrators protesting against them.
The balance will determine "an equivalence between electrical standards and mass standards," he said.
There is an idealistic and a cynical reason for automatic equivalence in political reporting.
"There's no equivalence, I see no equivalence between those who propound fascist views and those who oppose them and I think it is important for all those in positions of responsibility to condemn far-right views wherever we hear them," she says.
The reported deal would be based on equivalence, meaning that the UK would have access to the EU similar to that of major U.S. and Japanese firms, but the spokesman said on Thursday that Britain's objective was to go beyond existing equivalence regimes.
"MiFID II is critical because of the need for continuity in global securities trading, but equivalence on its own is unworkable," the head of regulation at a foreign bank in London said, referring to the lack of guarantees that equivalence would be maintained.
"There's no equivalence, I see no equivalence between those who propound fascist views and those who oppose them and I think it is important for all those in positions of responsibility to condemn far-right views wherever we hear them," May said.
"Equivalence decisions are never only technical, they are most of all... political," Gasser told CityWeek.
The British government has pledged to push for changes to the existing system of equivalence.
Pruitt is asking the scientific equivalence of catching a horizon: it is by definition impossible.
This statement is the "violence on many sides" false equivalence of the Star Wars universe.
To pretend an equivalence grotesquely exaggerates Israel's guilt and renders the crimes of Nazism routine.
There is no equivalence between Ms. Clinton's wrongs and Mr. Trump's manifest unfitness for office.
"An equivalence decision may be changed or even withdrawn ...at any moment," the paper said.
The courts should affirm this moral equivalence and as a country we can act accordingly.
But it's false equivalence to label black nationalists and white supremacists alike as hate groups.
This false equivalence depends largely on a spurious statistic that should never have been published.
I see no equivalence between those who propound fascist views and those who oppose them.
None of the 38 countries has equivalence agreements in all areas of EU financial services.
In the process, claims of American exceptionalism are eroded in a sea of moral equivalence.
Britain will be asked by EU banks, insurers and investment firms to grant them equivalence.
It is hard because we're also in a media environment where we're always looking for equivalence.
"Equivalence" would be granted "case by case" to certain types of activity, the diplomats were told.
Obviously there is no equivalence to be drawn between Denmark's proposed policy and the Nazi seizures.
That's responsible for the telephoto lens in Oppo's array, which has a 35mm equivalence of 160mm.
The stock market equivalence granted to Switzerland by the EU expires at the end of June.
A vile anti-gay law banned speech that ''creates false equivalence between traditional and nontraditional lifestyle.
"We have to have additional elements in equivalence which ensures close cooperation between supervisors," she added.
The researchers set out to perform the largest test yet of something called Einstein's equivalence principle.
He said a better solution would be mutual recognition and reciprocal equivalence, with sensible notice periods.
Brexit has already prompted Brussels to make equivalence harder to obtain in areas like derivatives clearing.
Blackwell said equivalence worked both ways and Britain should not blindly follow EU rules after Brexit.
The penis-boob equivalence is cultural rather than anatomical; the anatomic analogy would be the clitoris.
Shuren said companies in future could show substantial equivalence "to a technology" rather than a product.
Hitler and Goebbels were the first relativizers of the Holocaust, the first purveyors of false equivalence.
Britain is Europe's biggest financial center and would represent a large volume of trade under equivalence.
EU Brexit negotiator Michel Barnier has warned that Brussels will apply "special vigilance" over equivalence approvals.
The false equivalence here is ultimately staked in a desire to preserve a comfortable status quo.
Two-tier equivalence means that the bulk of foreign clearers will continue under the existing system.
AFME is taking part in consultations by the European Commission and European Parliament to reform equivalence.
But it's a false equivalence because the word "racist" isn't supposed to just be a pejorative.
To use a favorite campaign buzz phrase, this was due, in part, to pervasive false equivalence.
But analysts said comparing antifa with neo-Nazi or white supremacist protesters was a false equivalence.
The EU is committed to completing its assessments on UK equivalence in financial services by June.
FCA'S DELFAS SAYS "STRONG RATIONALE" FOR UK AND EU TO DISCUSS BROADENING SCOPE OF EQUIVALENCE ACCESS
The report reiterated AIMA's previous calls for a deal with the EU based on regulatory equivalence.
The democracy Mr. Eggleston has in mind is the equivalence of all objects before the camera.
The hubs would allow them to continue serving EU clients even if there is no equivalence.
The deal is based around the EU's existing system of financial market access known as equivalence.
"As part of this, the existing autonomous frameworks for equivalence would need to be expanded, to reflect the fact that equivalence as it exists today is not sufficient in scope for the breadth of the interconnectedness of UK-EU financial services provision," the White Paper said.
Brussels knows it is treading a delicate line when it comes to amending equivalence - it has already had clashes with the United States over clearing houses, and with Switzerland over stock exchanges - and U.S. regulators warn that their equivalence agreements must not be disrupted by Brexit deals.
And you know whether you can preserve passporting whether there's some kind of equivalence how that's done.
This is done by elevating a false equivalence between anti-Semitism on the left and the right.
Bob Corker called it "jaw dropping" that Trump drew equivalence between Putin's word and US intelligence agencies.
He said there was no equivalence between white supremacists or neo-Nazis and those who protest inequality.
Without a "passport" or an equivalence decision, these options would no longer be open to British counterparties.
But if Switzerland refuses to sign a new, EU-drafted trade deal, its equivalence may be revoked.
I think television in particular has a hard time with equivalence because it's a linear flat medium.
Huebner is now steering a draft law that includes such enhanced equivalence measures through the European Parliament.
There is no equivalence between his lapses and the moral affronts of the president he correctly diagnoses.
Equivalence covers a more limited range of business and excludes major activities such as commercial bank lending.
Instead, there is a constant need to make equivalence between young talents and the icons of yesteryear.
Brexit has prompted Brussels to toughen up its equivalence rules for foreign clearing houses and investment banks.
Such tighter conditions for equivalence could make it less attractive for Britain, finance industry officials have said.
Around 100 EU rules would need amending to broaden equivalence, potentially tying up EU legislators for years.
" And, most astonishingly, this: "Don't strain for balance or equivalence in a story where there is none.
When the President plays these moral equivalence games, he gives Putin a propaganda win he desperately needs.
When the president plays these moral equivalence games, he gives Putin a propaganda win he desperately needs.
He has alternately condemned the hate groups and drawn a moral equivalence between them and the counterprotesters.
There was "no equivalence between those who propound fascist views and those who oppose them," she said.
Its latest stages have included giving a new equivalence in partnering, whether opposite-sex or same-sex.
Here, he argues that there is a false equivalence drawn between the antifa and white supremacist groups.
Obtaining equivalence for the reinsurance sector does not require any surrender to rule-taking, Carnegie-Brown said.
The EU says any equivalence decisions would be unilateral, time-limited and on case-by-case basis.
Yet—and this was ironic—there was very little functional equivalence, especially if the book wasn't yours.
In doing so, they are building a future for mathematics founded not on equality, but on equivalence.
It plans to decide on the equivalence of Switzerland's SIX Swiss Exchange and BX Swiss on Dec.
"Equivalence" could only be granted "case by case" to certain types of activity, the diplomats were told.
Suggested there was moral equivalence between state-sanctioned killings by Russia and actions of the United States.
"There is no equivalence between these two disputes," an American trade official told reporters during a briefing.
In draft guidelines this week, the EU referred to "reviewed and improved equivalence mechanisms" administered on a "unilateral" basis by the EU. Equivalence refers to Brussels granting market access to foreign financial firms if it deems their home rules to be as strict as those enforced in the bloc.
"I recently heard that the French Treasury told a group of banks it was trying to persuade them to move to Paris, but although the UK might have to be granted equivalence initially, the question was how quickly they can force the UK to lose equivalence," Browne said.
"We conclude that, if the current passporting regime is not maintained, the government should seek a deal to bolster the current equivalence arrangements for thirdcountry access, to cover gaps in the regime and to ensure the continuation of equivalence decisions as financial services regulation develops," the committee adds.
According to Davis, the mad dash to win news cycles has created a false equivalence between the candidates.
Under EU rules, the Commission has to propose an extension of the Swiss bourses' equivalence by this week.
Systems of mutual recognition or regulatory equivalence will not give service providers the same access to EU markets.
And to allege some kind of moral equivalence between the two is either terribly misinformed or incredibly biased.
In #statistics, this is known as statistical equivalence; in the philosophy of science, underdetermination of theory by #data.
In a charged political environment, even a small future divergence could be construed as moving away from equivalence.
Close regulatory dialog would help clear up "misunderstandings" and avoid equivalence decisions "going the wrong way," Lewis said.
Equivalence was never designed for "systemically important volumes" a Britain outside the EU would represent, another lawmaker said.
Equivalence, however, covers a more limited range of business and excludes major activities such as commercial bank lending.
In the long run the most likely set-up is "equivalence", in which firms receive recognition from Europe.
The declaration says the EU would "aim" to complete its "equivalence" determinations for UK firms by mid 2020.
When exchange is tallied — when it is attached to a numerical measure of equivalence — then debt becomes possible.
This moral equivalence between aggressor and victim would have been laughable if the circumstances hadn't been so tragic.
For example, the EU's current equivalence arrangements don't cover key areas such as commercial lending or deposit taking.
"We have to find a mechanism that behaves like passporting and has greater security than equivalence," Garnier said.
Though he insisted his personal politics haven't changed, he embraced Trump's moral equivalence between the U.S. and Russia.
Equivalence would allow the much bigger U.S. mutual funds sector to operate across the EU, ESMA has said.
The equivalence provision is as yet untested, since MiFID 2 does not come into force until early 2018.
People like to see a food fight as opposed to ... what are the implications of a moral equivalence?
"Ahmed agreed, insisting that "there is no intellectual or political or moral equivalence between Islamophobia and anti-Semitism.
Critics have said that this system is unstable, as the EU could withdraw equivalence recognition at short notice.
Some journalists have responded by tossing out the conventions of automatic equivalence, a phenomenon I wrote about here.
The damage inflicted by President Trump's naiveté, egotism, false equivalence, and sympathy for autocrats is difficult to calculate.
But an equivalence between left- and right-wing extremism in America has been expressed at the highest levels.
Equivalence largely focuses on the wholesale market such as securities trading, leaving out much of the retail sector.
The EU and UK have agreed to complete the technical assessments for equivalence by the end of June.
The EU and UK have agreed to complete the technical assessments for equivalence by the end of June.
Britain on Tuesday called for long-term equivalence but the EU said it would not guarantee permanent access.
It would, he said, be based on equivalence and this would be something the EU would assess alone.
There are around 40 provisions for equivalence in EU financial laws, but they do not cover all activities.
In these subtler notions of equivalence, the amount of information about how two objects are related increases dramatically.
The far-left leader, Jean-Luc Mélenchon, has suggested that there is an equivalence between the two candidates.
In his speech Hammond said "a more robust and enduring" form of equivalence could work for both sides.
When the President plays these moral equivalence games, he gives Putin a propaganda win he desperately needs. Sen.
"Trump has freed journalists from the handcuffs of false equivalence," says Brian Stelter, host of CNN's Reliable Sources.
"To sum up: equivalence is not perfect, neither for firms nor for supervisors," Dombrovskis told CityWeek conference in London.
The concept draws a computational equivalence between the way that individuals learn and the way that entire ecosystems evolve.
Some equivalence decisions, such as with U.S. derivatives clearing, dragged on for several years, leaving the industry in limbo.
But there's absolutely no equivalence between candidate Obama and candidate Trump, and here I'm not talking about political views.
Equivalence determinations are at the full discretion of EU regulators, and the status can be withdrawn at short notice.
Under the existing equivalence rules, recognition is decided unilaterally by the EU and can be revoked at any time.
Many EU traders and trading platforms are based in London, which could arrange equivalence with Switzerland itself after leaving.
It relies on "stockmarket equivalence", a status granted by the EU that allows swift and seamless trading across borders.
ILANA WALDER-BIESANZSan Francisco * Likening George Soros to the Koch brothers is a false equivalence ("Kochtopus's garden", June 9th).
It would take "False Equivalence" to a cartoonish extreme to suggest that Trump / Clinton is identical to Jefferson / Burr.
This would require a more granular assessment of equivalence compared with the current system based on outcomes, he said.
Try to think back to a time when the internet wasn't a toxic mix of rage and false equivalence.
Britain has introduced equivalence along with all EU financial rules into national law as part of its Brexit preparations.
"This is true whether you look at the global trading system, or at financial regulation and equivalence," Dombrovskis said.
"The EU equivalence regime does not give financial institutions in Britain the level of security they need," Glen said.
Rodrigo Buenaventura, head of markets at the EU's European Securities and Markets Authority, said equivalence decisions can take time.
Yet, by withdrawing equivalence, commission President Jean-Claude Juncker has triggered a series of events that effectively restrict competition.
Some policymakers say the EU's system of "equivalence" could provide a gateway for UK-based banks into the bloc.
" In one of McCain's final public statements, he called out Trump's "naïveté, egotism, false equivalence, and sympathy for autocrats.
Now Pete Buttigieg, the former South Bend, Indiana, mayor, wants to create a similar equivalence between Trump and Sanders.
Yet, when HBO Max announced the Big Bang Theory Deal, chief content officer Kevin Reilly perpetuated that false equivalence.
While equality is a strict relationship—either two things are equal or they're not—equivalence comes in different forms.
Democrats dismissed the attacks on Mr. Schiff as a false-equivalence effort to distract from the president's own conduct.
But it has equivalence agreements in 22 areas of financial services with the United States and 20 with Japan.
Top GOP lawmakers either called out Trump outright or condemned his apparent equivalence between white nationalists and the counterprotesters.
Trump appeared to suggest a moral equivalence between the white nationalists at the rally and protesters demonstrating against them.
It is not the first time the president has found equivalence or diverted attention when confronted with divisive events.
Posing Leon as a subtle proxy for indigenity risks an oversimplified equivalence — unexpected in a novel sensitive to imbalance.
It's just going to take a long time to get there, and therefore ... There's no equivalence to Amazon there.
Suggesting that fast cars or underage drinking are the same as attempting to rape somebody is a false equivalence.
If equivalence is not extended, EU-based banks and brokers will no longer be able to trade on Swiss exchanges.
Equivalence is an uncertain prize because the EU's current rules allow it to withdraw its blessing at 210.5 days' notice.
It looks cool, but the faux cool of equivalence, not unlike the brands for which these Instagram celebrities now produce.
Given there is still uncertainty over Brexit, equivalence ought to be granted to the Swiss for another year, he added.
As for equivalence, Andrew Bailey, the FCA's chief executive, says Britain will need to see what framework the EU27 offers.
"People are quite hardline about not having equivalence as the final state," the City's EU envoy, Jeremy Browne, has said.
Britain has proposed EU market access based on a more accommodative version of the bloc's trade regime known as equivalence.
Britain wants a bespoke free trade agreement (FTA) with the EU that includes financial services to avoid relying on equivalence.
If you're just gonna talk about the loss of life, there's an equivalence there, forget about the differences in numbers.
French economy minister Bruno le Maire instead said finance companies may have to rely on what it known as equivalence.
Barnier said that the equivalence regime, which the EU has been offering Britain since July, could only ever be unilateral.
A bespoke trade deal with the EU could tackle flaws in the equivalence regime and mitigate loss of market access.
Insurers want to ditch parts of the bloc's Solvency II capital rules, which would make it hard to maintain equivalence.
He criticised EU plans to supervise U.S. and other foreign clearing houses on their home turf under revised equivalence rules.
The EU has adopted over 280 equivalence decisions involving 30 countries outside the bloc and has never withdrawn one before.
The news media should do all it can to resist false equivalence and centrification, and report what's really going on.
In a speech last week, Suu Kyi refused to criticize the Army and offered a sustained exercise in moral equivalence.
The policy came as UK insurance lobby London Market Group said on Monday that Britain should seek equivalence for reinsurance.
Britain and the have already agreed in principle that equivalence should form the basis of future EU financial market access.
Britain and the EU have already agreed in principle that equivalence should form the basis of future EU market access.
Britain says the 30-day guillotine or notice period for withdrawing access - which has never been triggered - makes equivalence unreliable.
But if the EU amended MiFID later, that would force Britain to make similar changes, or risk having equivalence withdrawn.
Like most of the backlash aimed at Kaepernick, the Spirit's response to Rapinoe's stance is based on a false equivalence.
They also warn the EU is proposing to tighten equivalence provisions, saying this highlights "the unpredictability of such a regime".
Michel Barnier, the bloc's chief Brexit negotiator, has suggested that regular equivalence arrangements should be good enough for Britain's banks.
However, Dijsselhof added that in the long run, the cessation of equivalence arrangements would not be good for capital markets.
First, he said, Cubans would need to pass an equivalence test to prove they were qualified to practice in Brazil.
Britain has said it should have no problem obtaining equivalence from Brussels for UK exchanges to continue serving EU customers.
The cookie-cutter model was conceived to lower building costs and insure a kind of architectural equivalence across diverse neighborhoods.
Before setting out on his trip, Trump outside the White House drew an equivalence between white supremacist and antifascist groups.
But it wouldn't have been close if much of the news media hadn't engaged in an orgy of false equivalence.
"If the price of equivalence is rule-taking, then that will be a price too much," Montague told the lawmakers.
UnitedHealth argues that this rule unlawfully departs from the program's statutory mandates requiring "actuarial equivalence" with the traditional Medicare program.
If you remove those bars and replace them with the wispier concept of equivalence, some operations become a lot harder.
For instance, the EU has equivalence agreements with Egypt and Russia, but only on the audit framework and transitory regime.
There is no meaningful equivalence between the way that Republicans have behaved during the inquiry and the way Democrats have.
Johnson has said he does not want to stay aligned to EU rules, which could make equivalence harder to obtain.
Will it be memorialized as yet another bitter chapter in the United States' struggle with racial equality and moral equivalence?
Nevertheless, it is incorrect and misleading to draw an equivalence between poverty in America and poverty in low-income countries.
EQUIVALENCE - Banks losing PASSPORTING RIGHTS across the EU say EU recognition that UK rules are EQUIVALENT may help their access.
Some in the EU are sympathetic and want IMPROVED EQUIVALENCE — though what that means, no one can say for sure.
With respect to the moral issue, and the issue of the equivalence between nuclear and cyber, physical has a signature.
The first is to enter into an equivalence-based arrangement with the EU, along the lines used by other countries (such as the U.S.) for some aspects of trading with the EU.    Under an equivalence structure, U.K.-based businesses would be able to trade cross-border into the EU without further licences or regulation.
Swiss bourses have free access to the larger EU market thanks to an "equivalence" status that the EU has granted them.
Photographer Stefen Chow and economist Hui-Yi Lin compare your desires to others' needs in the clever series Equivalence - 100:1.
And what I call the Principle of Computational Equivalence suggests that pretty much whenever one sees complex behavior, there won't be.
Before the Bernie Bots clank into action, let me hasten to say I'm not positing moral equivalence between Sanders and Trump.
He made it clear there was no moral equivalence between the two, and I think he should be commended for that.
The weak correlation is likely to be largely attributable to the distorting influences of transitional measures and equivalence on S2 ratios.
Someone will have to monitor the legal "equivalence" that would allow British financial-services firms to trade inside the single market.
Britain is likely to depend on the EU's equivalence system, meaning it would have to stay aligned with the bloc's rules.
Law firm Hogan Lovells has estimated that equivalence rules cover just a quarter of all EU cross-border financial services business.
Under current equivalence rules, access is patchy and can be cut off by the EU within 30 days in some cases.
The City is likely instead to be left with "equivalence", a piecemeal status that the EU sometimes grants to third countries.
Switzerland looks likely to have outmaneuvered the European Union, after the latter ended its recognized stock exchange equivalence with the country.
When the missile and its response are delivered, we are back to parity, the same equivalence of where we were before.
"Reforming equivalence is as big an ask as mutual recognition, but we have to play the game," one senior banker said.
Brussels can also withdraw equivalence status at short notice, making the regime impractical over the longer term in its current form.
EU financial services chief Valdis Dombrovskis said on Thursday that the European Commission had already proposed enhancements to the equivalence system.
"The agreement further strengthens the equivalence regime that would apply to third country investment firms," the EU said in a statement.
The equivalence principle was the starting point for Einstein's theory of general relativity and is a bedrock of classical Newtonian physics.
We also face an uphill battle because people are used to the false equivalence that has too often plagued the media.
Yet the paper said requests for equivalence from "high impact" third countries would in future require more detailed and granular assessments.
"The notion that somebody asked and polling question and creating that as a moral equivalence seems preposterous to me," he said.
" He added that for financial services that meant "the only way forward is one based on reviewed and improved equivalence mechanisms.
And yet, the moral equivalence between the United States and Putin's Russia is fine for all but a handful of Republicans.
"Why would the equivalence system, which works well for the U.S. industry, not work for the City?" he asked in April.
" "There is no moral equivalence between the United States and Russia, which remains hostile to our most basic values and ideals.
This conclusion — equivalence for easy texts and an advantage to print for hard ones — is open to changes in the future.
Equivalence would also require Britain to stay aligned to EU rules when UK financial regulators do not want their hands tied.
"I think there was a lot of false equivalence in the 2016 campaign," Toobin told Wilmore, the Washington Post reported Monday.
No real ongoing passporting or licensing no equivalence between European Union and the UK. And we do need a contingency plan.
The EU has so far opposed any attempts to modify equivalence and said it has no plans to reform the regime.
That's a false equivalence between a few criticisms from Ukrainian officials and a coordinated effort by Russia to undermine American democracy.
It is a shortcut to false equivalence, and it manufactures excuses for those with a vested interest in drawing blood themselves.
JS: It seems that your concern in these paintings is to establish an equivalence between the paint and the food substance.
Britain has said it will continue to push for broadening equivalence and the EU has privately conceded the system needs reform.
The deal agreed with the EU would effectively fast track equivalence determinations during the transition period that ends in December 2020.
He was responding to concerns from committee members about how the bloc's system of "equivalence" will work after Britain leaves the EU. Equivalence refers to the EU granting market access for a non-EU firm if it complies with rules similar to those in the bloc, and Guersent expects banks based in Britain to apply for it.
Equivalence refers to Brussels granting foreign banks direct access to customers in the EU if it determines that their home rules are similar enough to those in the EU. But for this to work after Brexit, it needs a "rules of the game" agreement setting out how equivalence is determined and a mechanism for handling disputes, Bailey said.
"I don't want to give moral equivalence to the two sides because one side is fighting against white supremacy," Mayo told Snopes.
For insurers, lack of equivalence would mean EU firms operating in the UK would have to comply with both sets of rules.
Morgan told an industry conference on Wednesday the Treasury committee would look at equivalence and post-Brexit financial services in early 2019.
That is, time cannot be economized, it does not allow itself to be exchanged, and it breaks with the law of equivalence.
Under EU rules, the EU executive had to decide by June 21 on whether to propose an extension of the equivalence regime.
But the equivalence it posits sits easily with the way Mr Trump seems to see Mr Putin's Russia: as a potential partner.
He said the assessment of sectors that might be considered equivalent will begin "immediately" and underlined equivalence decisions will be made "unilaterally".
"We cannot be subject to a situation where there is politicization of equivalence and our financial institutions would be vulnerable," Glen said.
"We believe a free trade agreement cannot solve all the issues of financial services, so there will be this equivalence," Huebner said.
Brussels has already taken 200 equivalence decisions and they have worked relatively well for third countries or non-EU states, she said.
A hard Brexit would damage the prospects for equivalence by eroding goodwill in Brussels, said Nicolas Mackel, head of Luxembourg for Finance.
Britain will move to the EU's equivalence system after Brexit under which the bloc allows foreign financial firms access case by case.
On the other hand, one of his media tactics that works better than ever in the general election is creating false equivalence.
The two wouldn't fall in a similar manner, leading to a violation of the strong equivalence principle and, with it, general relativity.
I want to see what this world of universal equivalence, where everything has a life of its own, can produce for me.
The XF 100-400mm f/4.5-5.6 is a weather-sealed super telephoto that extends to around 600mm in full-frame equivalence.
An important implication of QI, and one of the main reasons it is so controversial, is that it abandons the equivalence principle.
British finance minister Philip Hammond has lobbied for "enhanced" equivalence, which would mean that rules cannot be changed at the EU's whim.
But granting "equivalence" is at the discretion of the EU's executive European Commission and the designation can be withdrawn at short notice.
So to be clear, I'm not drawing an equivalence between what happened under Obama or George W. Bush and what's happening now.
However, according to prepared remarks SBA Chairman Herbert Scheidt said the EU "is still moving much too slowly" on the equivalence question.
In practice, proving and maintaining "equivalence" generally for UK regulations would be challenging because Britain would be sidelined from European rule making.
Few would imagine any equivalence between this kind of fear and the horribly colloquial sense terror has taken on in our world.
The goal, I suspect, is to bring the headline numbers down enough to let the media's propensity for false equivalence kick in.
"We're heading toward a situation where regulatory cooperation, through various equivalence procedures, is the preferred option," said one person familiar with discussions.
The move creates a strange equivalence, Sucher said, between the money Muilenburg receives and the lives that were lost on his watch.
The EU has refused to renew Switzerland's regulatory "equivalence" which allows investment firms in the bloc to trade on Swiss exchanges directly.
The parent declined to participate, saying it would create a sense of false equivalence with what they considered Mr. Jones's outrageous perspective.
A person who sees moral equivalence in Charlottesville, who talks about and treats women like they're pieces of meat, who lies constantly.
American politicians seem to feel little compulsion to answer an accusation before making a counter-allegation (to suggest equivalence or simply distract).
When you can exactly match each element of one set with an element in the other, that's a strong form of equivalence.
In 1945 the mathematicians Samuel Eilenberg and Saunders Mac Lane introduced a new fundamental object that had equivalence baked right into it.
Now, more than ever, we must be extra wary of false equivalence, extra attuned to the insidious process of normalizing the abnormal.
The European Commission is responsible for granting equivalence to foreign financial operators, taking advice from the European Securities and Markets Authority (ESMA).
The UK financial sector is likely to get restricted access at best under the EU's financial market access system known as equivalence.
Some UK lawmakers question why Britain should bother with equivalence given that it offers limited access and ties Britain to EU rules.
"But the MiFID II equivalence regime is untested and hence it is unclear how it will play out in practice," Hanif said.
"If the European Commission does not decide otherwise, the equivalence decision (on Swiss exchanges) will automatically expire on June 30," Sefcovic said.
But the truth is, equivalence is the rule when it comes to early-stage tech investing, particularly at the pre-Series A stage.
Optimists hope equivalence could not just form the basis of a feasible deal, but might even allow Britain to remove some onerous regulations.
"The EU has never struck a deal with someone before where it has already had the exact same regulatory equivalence," the official said.
Under equivalence, the EU grants access if it deems that a foreign country's financial rules are as robust as those in the bloc.
The EU allowed the equivalence, which allows Swiss equities to be traded easily within the bloc, to expire at the end of June.
Equivalence excludes core activities such as commercial loans and Glen said an agreement would need to cover all significant aspects of the sector.
"We believe that the best basis for the future EU-UK relationship in the field of financial services would be equivalence," Huebner said.
Nikon's latest "compact" camera has a lens with the world's highest zoom ratio: at 2999-3000mm equivalence, it's capable of 125x optical zoom.
Bowles said it was "pie in the sky" to expect the EU to radically reform equivalence to Britain's liking in the short term.
They have hired consultants to come up with practical ways to make the EU's existing equivalence system of financial market access more workable.
"It's important that we don't dilute standards beyond the internationally accepted, but tests of appropriateness, proportionality and international equivalence are key," he said.
But to believe that Clinton is just as bad or even worse than Trump on this issue is to succumb to false equivalence.
In the meantime, Switzerland will look for bilateral agreements with partner countries as well as EU equivalence recognition for select Swiss financial regulation.
In a preliminary finding, ESMA could not grant equivalence to the United States, the world's biggest hedge fund centre, because of competition concerns.
"There is no moral equivalence between the United States and Russia, which remains hostile to our most basic values and ideals," he continued.
Yet it showed the impact of its new stance by saying on Monday it would for the first time repeal certain equivalence decisions.
"There is no moral equivalence between the United States and Russia, which remains hostile to our most basic values and ideals," he continued.
What is this false equivalence and how do we prevent it from giving voters the impression that both campaigns are on equal footing?
Britain, meanwhile, wants a more accommodative system of equivalence that does not rely solely on the "whim" of Brussels to grant market access.
The EU has "equivalence" regimes which provide limited access for some of non-EU partners to some areas of EU financial services markets.
Brussels-based consultants say that Britain would have to make commitments in return for broader equivalence, such as promising not to compete unfairly.
Part of this effectiveness comes through false equivalence: news organizations, afraid of being attacked for bias, give evenhanded treatment to lies and truth.
"The damage inflicted by President Trump's naïveté, egotism, false equivalence, and sympathy for autocrats is difficult to calculate," he said in a statement.
She said there was no update from last week's meeting of the EU Commission that refrained from proposing an extension to the equivalence.
These and other nuggets of misinformation are shared and amplified by cynics, the credulous and bots, thriving on the air of false equivalence.
"The equivalence system will operate in a more effective manner if the UK decides not to diverge from our financial regulation," he added.
Woods said it was technically feasible to devise a system between staying in the single market and the "rule taking" system of equivalence.
Pompeo's assertion that the US will process up to 310,000 refugees and asylum seekers also makes a false equivalence between the two issues.
After this transition period, the EU has said that market access for Britain's financial sector would be based on the bloc's "equivalence" regime.
That is, unless they can prove "substantial equivalence" to a product that existed before the Tobacco Control Act's arbitrary "deeming date" of Feb.
With, say, the United States, the EU has negotiated accords to recognize the "equivalence" of, for example, bank supervision standards to make it easier for European companies to use U.S. banks and let U.S. institutions sell services in the EU. The extent of such equivalence agreements has been a major concern for British-based banks wanting continued access to the EU market.
Both ways of writing the function involve infinite series of terms; their equivalence means that the first infinite series minus the second equals zero.
If Jones can use the Hogan defense, then the equivalence is clear: For Alex Jones and the far right,  there's little (if any) difference.
Permission is now being assessed under the EU's "equivalence" system that determines if UK securities rules are as robust as those in the bloc.
Only some regulations, notably one governing clearing-houses, as well as another for trading, brokerage and underwriting services to institutional clients, contain equivalence provisions.
EU COMMISSION WILL NOT MAKE PROPOSAL ON FRIDAY TO EXTEND SWISS EXCHANGES' ACCESS TO EU MARKET, EFFECTIVELY ENDING EQUIVALENCE ON JULY 1 - EU SOURCE
The move follows the EU not extending stock market equivalence to Switzerland after Brussels grew frustrated with Swiss footdragging on the long-discussed agreement.
Not all aspects of financial services are covered, and the EU has proposed a law to make the equivalence test tougher for investment banks.
EU Brexit negotiator Michel Barnier denied the report, saying only that Brussels could grant and withdraw equivalence for some financial services on its own.
It will be tempting for Trump supporters, or even Trump-skeptical Republicans who are also not fans of Hillary Clinton's, to suggest an equivalence.
As a result, dark matter is a theory that keeps the equivalence principle intact, but requires a particle that no one has ever detected.
Britain has called for "enhancements" to make the equivalence system more predictable and transparent - in theory it can be withdrawn with a month's notice.
"It is certainly one of our major aims," he said, adding that he wanted to make sure regulatory equivalence in that field was maintained.
Policy-wise, there's no equivalence between Obama's attempts to make the Affordable Care Act work as intended and Trump's explicit attempts to sabotage it.
"I see no equivalence between those who propound fascist views and those who oppose them," May said at a naval ceremony in Portsmouth, England.
"The association advocates open markets and insists on recognition by the EU of equivalence for relevant Swiss laws," the SBA said in a statement.
The United States is not to blame... When the President plays these moral equivalence games, he gives Putin a propaganda win he desperately needs.
Russia is trying to create an equivalence between 12 military officers that attacked America and Michael McFaul, a diplomat the Kremlin did not like.
But now, thanks largely to an internal revolt by Democratic women, the equivalence between the two parties is giving way to a stark contrast.
Faced with a huge financial center on its doorstep that would be outside the bloc after Brexit, Brussels has begun tightening up equivalence conditions.
But the proposals mark a formal rejection of relying on "equivalence", the EU's existing system of market access for companies from outside the bloc.
"Well no, of course not — we're so much better than all that," Mr. Johnson said sarcastically when asked if he sees a moral equivalence.
"The City kids itself by hoping for anything better than 'normal' equivalence," said Lafitte, who now advises financial firms on EU policy in Brussels.
In its defense, the company cites a principle known as actuarial equivalence, which requires that the government treat Medicare and Medicare Advantage plans equally.
The context: Trump faced criticism yesterday for seemingly establishing a moral equivalence between white nationalists and those who protested them, like Heyer, in Charlottesville.
Trump didn't just draw a moral equivalence between Nazis and counter-protesters, but took the Nazis' side in the dispute that motivated their violence.
Law firm Hogan Lovells had found that access based on "equivalence" is only available for a quarter of all financial services legislation, he said.
The new Brexit proposal instead seeks a middle ground, so that British banks are allowed to operate under a kind of expanded equivalence arrangement.
" Mr. Ryan said, "There is no moral equivalence between the United States and Russia, which remains hostile to our most basic values and ideas.
During a visit to London, French Finance Minister Bruno Le Maire said finance companies would have to rely on what is known as equivalence.
Financial firms could rely to some extent on equivalence, whereby the EU grants market access if Britain copies the bloc's rules, Barnier has said.
Britain and the EU have agreed to assess each other for financial market access, a system known as equivalence, by the end of June.
Financial firms have criticised the EU equivalence system for being opaque and unpredictable, given it can be cancelled within 30 days in some cases.
Faced with uncertainty over equivalence, financial firms in Britain have opened hubs in the EU to avoid being cut off or having reduced access.
Equivalence has proven to be a pragmatic solution that works in many different circumstances, and it can work for the UK after Brexit as well.
If the UK's supervisory regime were to change significantly after Brexit this would create uncertainty over whether it would be granted equivalence by European regulators.
Equivalence is patchy compared with current EU market access for Britain's biggest export sector because it excludes some major financial activities such as commercial lending.
Bankers are looking for ways to make the process more predictable, such as having consultations if either side proposes new rules that could jeopardise equivalence.
But Brussels has rejected that industry proposal, meaning London's bankers may have to rely instead on what is known as the equivalence system for regulation.
Scratch even a millimeter beneath the surface, though, and any equivalence between this statue and the Confederate statues across America is revealed as utterly false.
Besides mass-energy equivalence and gravitational time dilation, a third concept which emerges from the mathematics of relativity is something known as the metric field.
In practice, equivalence has meant that non-EU countries like Switzerland and Norway have to effectively cut and paste the bloc's rules into domestic law.
"The equivalence process is conducted between regulatory authorities and we are therefore engaging with our regulator in order to remain updated on progress," it said.
The EU's bargaining chip was a change to the way it grants market access, or equivalence, allowing Swiss companies to be traded on European exchanges.
Mr Arduini, for his part, doubts that "equivalence" discussions for trading venues in America or Asia can be entirely divorced from those for British ones.
Incensed by what it regards as bullying, Switzerland's government has prepared an emergency measure to come into force if the EU responds by withdrawing equivalence.
Investment banks could continue to offer some services under so-called equivalence, where they comply fully with EU rules in return for access, Moody's said.
Andrew Bailey, chief executive of the Financial Conduct Authority, said future regulation in Britain will hinge on where the EU system of "equivalence" leads to.
The EU has said that equivalence was the most likely form of market access for Britain's financial sector to the EU, its most important customer.
A spokesman for Prime Minister Theresa May said reports of a deal were speculation and that Britain wanted to go beyond the existing equivalence regimes.
Bankers are looking for ways to make the process more predictable, such as having consultations if either side proposes new rules that could jeopardize equivalence.
The EU has no set timetable for making equivalence determinations, not all financial activities are covered, and Brussels can cut off access at short notice.
After that, British-based financial business could be governed by "equivalence", a system which offers limited access and can be withdrawn with a month's notice.
The draft document, due to be published by the European Commission next week, confirms the equivalence will be revoked because of the divergence in regulation.
Positing a dialectic between girly vocalist and tough band would be too facile, reliant on a spuriously gendered equivalence between guitar noise and macho defiance.
"When Trump criticizes 'all types of racism' he's using false equivalence to wink at those who peddle in the distortions of white grievance," Rather tweeted.
Donald Trump has been accused of drawing a false equivalence between racists and anti-racists in his inflammatory press conference in Trump Tower on Tuesday.
French Finance Minister Bruno Le Maire said last week that equivalence was the best that Britain was likely to get for financial services after Brexit.
Equivalence in an adapted form is being promoted by Barney Reynolds, a lawyer at Shearman & Sterling, but dismissed by banks as too politicized and unpredictable.
The trial met its main goal by demonstrating equivalence in overall response rate for the first-line treatment of patients with follicular lymphoma, Pfizer said.
It merely assures that these fabricated products comply with existing labeling regulations that disallow clever wording combinations designed to suggest equivalence to a standardized food.
"At the moment it looks as if we are going to have to start with third country equivalence and build on it," McGuinness told Reuters.
Carney said he expects the EU to give "serious consideration" to equivalence with Britain given that the country will already be compliant with European rules.
Dombrovskis' warning could equally apply to Britain, whose financial firms may need to rely on "equivalence" rulings after the country leaves the bloc in 2019.
And comedians of all stripes have to work out how to talk about politics—make fun of both sides and get accused of false equivalence?
And while you can point to some bad behavior on the part of Democrats—gerrymandering in Maryland, for instance—there is absolutely no equivalence here.
Trump went on to indulge in some unfortunate moral equivalence by stating that both countries bore the blame for the poor state of their relationship.
To locate it in the ugly stream of political extremism in American history is an egregious case of the false equivalence contaminating our political discourse.
Equivalence only covers some financial activities, basic banking is excluded, and Brussels can in theory scrap access with just 30 days notice in some cases.
But in the second half of the 20th century, mathematicians increasingly began to do math in terms of weaker notions of equivalence such as homotopy.
Commission data showed the EU now has agreements with 38 countries on equivalence of regulation in certain areas of financial services, often narrow in scope.
Equivalence refers to Brussels' interpretation of whether UK financial rules are close enough to the EU's regulations to avoid unfair competition or inadequate consumer protection.
The move followed the EU not extending stock market equivalence to Switzerland after Brussels grew frustrated with Swiss foot-dragging over the long-discussed agreement.
Further, a vision of the President's children as America's equivalence to the Royal Family is at odds with everything Trump's brand as a status quo disruptor.
During his joint news conference with Putin in Helsinki in July, Trump drew an equivalence between Putin's denials and the work of his own intelligence agencies.
Valdis Dombrovskis, European Commission Vice President and responsible for financial services, said that equivalence was a pragmatic solution and "a probable" way for Britain after Brexit.
"Equivalence is not perfect, neither for firms nor for supervisors," Dombrovskis told the CityWeek conference at the Guildhall in London, in the heart of the City.
But Dombrovskis said this meant adapting equivalence when applied to a country that is systemic for the EU - Britain is the biggest financial centre in Europe.
During a bitterly angry press conference Tuesday, he blamed the weekend's events on "both sides," effectively drawing a moral equivalence between white supremacists and counter-protestors.
She said there was no update from last week's meeting of the EU Commission that refrained from proposing an extension to the so-called equivalence regime.
More specifically, they say a recent clinical trial compared its CBC analysis against Sysmex XN ("a top-of-the-line lab-grade analyzer") to determine equivalence.
On November 13th the commission agreed that EU action on clearing was needed, and for the first time said that existing equivalence rules could be applied.
McGuinness hoped Britain can improve on the financial market access terms known as equivalence that the EU offers to non-EU states like Singapore or Japan.
France is also calling for much tougher equivalence conditions for foreign investment banks and trading platforms that want to trade securities on behalf of EU customers.
The fear in Britain is that the EU's equivalence process will be made intentionally harder to try to lock out UK operators from the bloc's markets.
"While arguing what the regulator could have done, we shouldn't forget that it is all caused by a political decision not to grant equivalence," Voigt said.
Equivalence is used by Japan and the United States, to grant access if Brussels deems that a foreign country's rules are aligned with to its own.
Brussels dismissed it as trying to keep the benefits of the single market without the costs, forcing Britain to seek a less ambitious enhanced equivalence deal.
After Britain exits, passporting likely will be history and any structure for recognizing regulatory equivalence, whilst logical, is some way from being decided between both parties.
Equivalence refers to the bloc granting market access if it deems that the rules in force in a non-EU state are aligned with its own.
To mitigate this risk, Britain has called for the EU's equivalence system to be "enhanced" or made more transparent and predictable to make it more acceptable.
Actually changing the substance of EU rules could make it harder for Britain to argue equivalence, an insurance regulator from elsewhere in the EU told Reuters.
Britain's aim for financial services was "to go beyond existing EU equivalence regimes and agree a new economic and regulatory partnership", a spokesman for May said.
Britain's Financial Conduct Authority said on Wednesday that UK and EU financial rules should stay aligned after Brexit, a basic condition for Brussels to grant equivalence.
The damage inflicted by President Trump's naiveté, egotism, false equivalence, and sympathy for autocrats is difficult to calculate ... The summit in Helsinki was a tragic mistake.
But the F.D.A. says that "no additional requirements are needed to protect patient safety" in tests to show the equivalence of generic and brand-name drugs.
If passporting is lost after Brexit, "equivalence", meaning mutual recognition of EU and UK rules, offers an inadequate alternative in its current form, the report said.
If passporting is not maintained, the government should seek a deal to bolster the equivalence regime to avoid sudden rule changes by Europe, the report said.
A finance ministry spokesman said the government's "white paper" report on future EU trade relations published last July referred to seeking an improved version of equivalence.
Giancarlo told the Vienna conference it was time for the EU to expand the use of equivalence in a way that avoids "rule-by-rule exactitude".
"Equivalence is one of the routes being discussed by players in the financial services sector but of course it has some challenges around it," he said.
Mark Garnier, a government trade minister, told the conference that Britain must find a mechanism that offers passport style access with safeguards to the equivalence regime.
In a preliminary finding, ESMA had not been able to recommend equivalence for the United States, the world's biggest hedge fund centre, because of competition concerns.
Britain may have to rely on the EU's "equivalence" system for access to the bloc's financial market, which hinges on avoiding diverging from the continent's rules.
The declaration of equivalence, both for EMIR and for MiFID 2, is at the discretion of the European Securities and Markets Authority (ESMA), based in Paris.
Omar's comments reflects a larger problem in American politics: the distorted priorities that are a result of the false equivalence peddled by mainstream pundits and politicians.
For their part, British regulators want new rules to make the system more transparent and predictable, given equivalence status can be withdrawn with 30 days notice.
Or even over a bad pattern of editorial decisions dating back years demonstrating an institutional worldview poisoned by false equivalence, blinkered elitism, and fealty to power.
I'm not sure that journalism bears responsibility, but this does raise the thorny issue of false equivalence, which has been hotly debated among journalists this campaign.
Biden's allies are frustrated by the media coverage, believing the press is creating a false equivalence between run-of-the-mill misstatements and Trump's myriad scandals.
Clinton hasn't done any of these things, and has a staff that readily responds to fact-checking questions, she doesn't like to hold press conferences. Equivalence!
"I suspect that a withdrawal period of a year or two instead of 30 days will make its way into the EU equivalence regime," Kent said.
Proponents of the idea say that such a law would also establish a moral equivalence between white supremacist terror and terror by groups like Al Qaeda.
The Commission has previously said it was considering extending some security obligations to web services given their increasing equivalence to traditional phone calls and text messages.
There is no set timeline for equivalence decisions and they not only cover countries but every firm wanting recognition from Brussels to trade across the bloc.
Trump also drew an equivalence between his own government and Putin's statements: There is a boatload of evidence to contradict that denial, no matter how strong.
Our response must be to immediately name it and shame it; we should not let it just slither away under the obscuring shade of moral equivalence.
Physicists had widely assumed that this equivalence held true for all the forces of nature, whether at the scale of galaxies or on the subatomic realm.
False equivalence, portraying the parties as symmetric even when they clearly aren't, has long been the norm among self-proclaimed centrists and some influential media figures.
Trump was widely slammed for his response to the violence in Charlottesville, after he repeatedly attempted to draw an equivalence between white supremacists and counter-protesters.
It would mean Britain not having to seek the same type of equivalence share trading deal from Brussels after Brexit that has come unstuck for Switzerland.
But if Mr. Torn's performance is meant to discomfit us in the same way Swan's performances discomfited them, I'm not sure the equivalence is a justification.
Meanwhile our centrists, along with much of the news media, spent years in denial about the radicalization of the G.O.P., engaging in almost pathological false equivalence.
We'll have to avoid the perils of false equivalence, quoting a person on each side as if there's a genuine debate when we know there isn't.
Light pouring into matter; let us praise their equivalence, if only my mind didn't flicker so—how you interpolate, my complicated friend, suddenly back in touch.
In what should be a reminder to Democrats about giving ammunition for false equivalence, Waters unwisely and unacceptably called for harassment of Republicans by liberal activists.
Without a deal, Britain's financial sector had hoped it could rely on the EU's "equivalence" system to keep doing business with the EU directly from Britain.
Failing to turn the "in-flight" rules into UK law would leave gaps that Brussels could use to deny equivalence, the bankers and industry representatives say.
It will be up to the UK government to make any equivalence requests to the EU. The European Commission decides which, if any, requests are granted.
Moreover he blithely assumes the anti-nuclear case is self-evident, and is prone to unthinking moral equivalence between the communist empire and the free world.
"Instead of bringing people together, he emboldened white supremacists and created a false equivalence between those upholding racism and those fighting to defeat it," he continued.
"It's true he's getting his comeuppance, but I don't want to create an equivalence," said Jeffrey Prescott, a former national security aide in the Obama administration.
"By 2025, we&aposre likely to see $250,000 bitcoin, and then sometime out 2030 we could see $400,000 or $500,000 bitcoin as it reaches gold equivalence."
Professional "centrists," whose whole identity is bound up with pretending that there is equivalence between the two parties, desperately wanted a Serious, Honest Conservative to praise.
"All this could be a shot across the bows of the UK. By not granting the Swiss equivalence, the EU is talking serious stuff," Haynes said.
With those words, the president of the United States assigned a moral equivalence between those spreading hate and those with the courage to stand against it.
They fear that, under equivalence, Britain will end up as a rule-taker - having, like Norway, to mirror EU regulation without having a say on them.
Given the US' continued bulk surveillance activities they argue the aim of achieving 'essential equivalence' of European data protection laws in the US is doomed to fail.
The bulk of trading in Swiss shares like heavyweights Nestle, Novartis, Roche and UBS takes place in Zurich, which would lose some business if equivalence was denied.
But it's not just the speed of light that is important: This value also appears in other places like the energy to mass equivalence principle (E =* mc2*).
Andrew Bailey, chief executive of Britain's Financial Conduct Authority, said the equivalence regime doesn't best suit any parties, and that a mutual recognition agreement is "eminently achievable".
A "perfectly amicable solution" can be achieved he said, either by continuing passports, employing the doctrine of equivalence or enabling the U.K. to set its own regulations.
But anyone who claims to see equivalence between left and right on this issue is not a commentator on the culture war but a participant in it.
Share trading platforms in London have asked for equivalence under a no-deal scenario, though several are opening hubs in Amsterdam and Paris to provide an alternative.
By contrast, the EU's starting point is that Britain is entitled to no more than the basic 'equivalence' access given to non-EU countries after it leaves.
"We recognised the need for this autonomy, not only at the time of granting equivalence decisions, but also at the time of withdrawing such decisions," Barnier said.
This calculation was done for a family of 000, and so-called 'equivalence scales' were used to estimate how much was needed by smaller or larger families.
Faced with having Europe's biggest financial centre on its doorstep, the EU has begun tightening conditions for equivalence in areas such as clearing derivatives and investment banking.
Andrew Bailey, chief executive of Britain's Financial Conduct Authority, said last week it would be "dangerous" for Britain to seek equivalence without such "rules of the game".
We preferred to get just the equivalence of the value of the debt of Cristal while the remaining value of the deal will be transferred into shares.
Robertson, in an exclusive interview with CNN, said she believes there is "absolutely" no moral equivalence between white supremacists and the counterprotesters who were there that day.
The committee will also examine if the EU's "equivalence" regime is the best way for financial firms in Britain to access clients in the EU after Brexit.
Jon Whitehouse, group head of government relations at Barclays bank, said that how quickly or willing the EU might be to change equivalence is a "big question".
One idea in the paper, to maintain regulatory equivalence on agri-food measures, would surely inflame Brexiteers, as it seems to imply continuing observance of EU laws.
Clinton's, Mr. Daou took credit for injecting the notion of false equivalence into the social media bloodstream and for forcing some news outlets to adjust their coverage.
In other words, is any equivalence of treatment of the candidates "false" because they are not compatible, any more than, say, harassment and murder are compatible crimes?
"The President must appreciate that Russia is not our ally, there is no moral equivalence between the United States and Russia," Ryan said in a written statement.
"Here we're finding that the digits and the fin rays have some sort of equivalence at the level of the cells that make them," Dr. Shubin said.
Equivalence may let British financial firms access EU markets but EU Brexit negotiator Michel Barnier warned last month that Brussels will apply "special vigilance" over such approvals.
The safe haven of false equivalence led the press to ignore one of the most consequential developments in contemporary American politics: the radicalization of the Republican Party.
State Department spokeswoman Heather Nauert also told reporters at a briefing that Washington sees no equivalence between North Korea's weapons programs and U.S.-South Korean military exercises.
I reject the false equivalence of the argument that taking into consideration the race of applicants from underrepresented groups is the same as discriminating against everyone else.
The Swiss government preemptively implemented measures to protect the country's markets in the event that the EU withdrew its equivalence, meaning the transition has been relatively seamless.
The Confederates themselves drew a straight line between the two "rebels" Washington and Lee, but the pretended equivalence is as spurious as "state sovereignty," historians remind us.
Though Mr. Grassley made no mention of the two men on Friday, he appeared to suggest equivalence between their crimes and his views of Mr. Steele's actions.
And, having traveled all over the world covering natural disasters, wars and famine, I am fully confident we Americans don't have that equivalence of the world's pain.
Before cries of "false equivalence" shatter windows and startle forest creatures, I should make clear that I'd take Clinton over Trump in any role on any day.
Jon Whitehouse, group head of government relations at Barclays bank, said that how quickly or willing the EU might be to change equivalence is a "big question".
Equivalence refers to the EU granting market access to banks, insurers and asset managers if it deems Britain's regulation to be aligned enough to the bloc's rules.
This quest to assert equality without making false claims of equivalence echoes the quest of the women's movement, the civil rights movement, and the gay rights movement.
Forget, for the moment, the merits of the Democrats' steel-trap case against Trump and the false equivalence of the Republicans' vicious attacks on the Biden family.
POLITICAL HURDLES Britain and the EU aim to complete assessments on so-called equivalence-based market access for firms like trading platforms and clearing houses by June.
In addition, the number of followers a person has on social media should be hidden too, as it represents a false equivalence with a person's social standing.
This calculation was done for a family of 4, and so-called 'equivalence scales' were used to estimate how much was needed by smaller or larger families.
Despite the preparations, maintaining direct access would mean the sector could continue to leverage cross-border efficiencies of scale and avoid passing on the costs to customers of maintaining two hubs, one in Britain, the other in the EU. Any access would be through "equivalence" - whereby the EU deems Britain's rules to be aligned closely enough to its own - but Brexit has already prompted Brussels to toughen up equivalence conditions.
Sheffield and Miller have already posted the first two papers in their proof of the equivalence between LQG and the Brownian map on the scientific preprint site arxiv.
Haynes said equivalence should be granted by the EU's executive European Commission if the Swiss Exchange fulfils all the technical requirements for that, which he believes it does.
The results, published in Nature Physics, offer the most precise confirmation of one of the core concepts of Einstein's unified theory of spacetime and gravity, the equivalence principle.
So, they&aposre very different objects — but they should be pulled by the outer white dwarf in the same way if the equivalence principle is on the money.
The bare-bones deal implies that UK-based lenders can look forward only to basic EU market access, under "equivalence" rules, after Britain's transition period ends in 2020.
For the City, these focus on so-called "equivalence" provisions, allowing third-country financial firms access to the EU if their home country's regulatory regime is deemed equivalent.
The real question is whether European negotiators are willing to be flexible even on Britain's new proposal, which, though based on existing "equivalence" provisions, goes far beyond them.
But in a world where Europe wants, if anything, to tighten the rules on equivalence, it is hard to see why it would agree to such a system.
"I anticipate a form of enhanced equivalence along the lines that the British government proposed ultimately being agreed," said Barney Reynolds, a financial services lawyer at Shearman & Sterling.
Swiss regulators have imposed a ban on EU exchanges trading Swiss equities after the European Commission allowed the 'equivalence' status granted to the Swiss stock exchange to lapse.
Glen said the focus was on securing a bilateral agreement with the EU to inject certainty into the bloc's existing system of financial market access known as equivalence.
But Britain will not be like other third countries as it is a huge market on the EU's doorstep with numerous interlinks that require "enhanced equivalence", she said.
"So if you want to maintain equivalence over time you will have to commit, also in the long-run, to staying close to the European standards," he added.
It's false equivalence that has allowed the Republicans to succeed as much as they have: the party of Lincoln has become a party of demagoguery, racism, and xenophobia.
"The government needs to determine as precisely as possible which firms currently rely on passporting and the degree to which equivalence provisions might provide a substitute," Falkner said.
Britain has said equivalence does not cover all activities and lacks certainty, leaving the country facing patchy access to its biggest export market for financial services in future.
Several speakers, including British Foreign Minister Boris Johnson, roundly rejected the assertion that there was any equivalence between North Korea's nuclear and missile tests and the military drills.
Last week the bloc proposed toughening "equivalence" for foreign central counterparties (CCPs) or clearing houses used by EU customers, seen by London's financial sector as a land grab.
It used to be the norm for white political leaders to draw a moral equivalence between racists and those who suffered from their acts of brutality, historians say.
In September Nicholas Kristof wrote a column about false equivalence, arguing that the media has helped create a perception that Donald Trump and Hillary Clinton are equal candidates.
The equivalence regime "won't be appropriate" for the UK as it will become a "very particular third country", Rameix said in a speech at Chatham House in London.
"With those words, the president of the United States assigned a moral equivalence between those spreading hate and those with the courage to stand against it," he said.
President Donald Trump's immediate response to deadly white supremacist violence in Charlottesville, Virginia, was to draw an equivalence between murderous Nazis and those who assembled to protest them.
For example, the CFTC has made laudable progress on cross-border harmonization with the EU and have introduced substituted compliance/equivalence determinations on both clearing and trade execution.
Implying that there's an equivalence between that intra-Democrat "collusion" and the charges that Trump's campaign colluded with Russia—charges Trump has always proclaimed to be utterly false.
He signaled an openness among members, who include Goldman Sachs and Morgan Stanley banks, top asset manager BlackRock, and British lenders HSBC and Barclays, to build on equivalence.
On Monday, Mr. Trump again engaged in immoral equivalence, this time during a gobsmacking news conference after his meeting in Helsinki, Finland, with the Russian president, Vladimir Putin.
Is the latter an allusion to the many Gospel stories featuring the sea, and is the lamppost a sign for the equivalence often drawn between God and light?
Normally, the EU won't grant equivalence to foreign firms until it has completed a lengthy deliberations - about four years in the case of one U.S. derivatives clearing rule.
The financial sector has said that the EU system of market access, known as equivalence, is opaque, and access can be withdrawn in 30 days, making it unreliable.
"I think there's been a really concerning false equivalence of the concerns of survivors and the accused throughout this entire process with the Department of Education," Davidson said.
The Leica branding and technical details describe the array as covering 18-240mm equivalence, which between the ultrawide and telephoto should amount to more than 13x zoom reach.
Equivalence is used by countries like Singapore, the United States and Japan, but it has never been applied before to a huge financial centre on the EU's doorstep.
When you move to subtler notions of equivalence, with their infinite towers of paths between paths, even a simple rule like the associative property turns into a thicket.
Comparing the dangers of inhaling cigarettes with chowing down on candy bars may sound like false equivalence, but Gary Taubes's "The Case Against Sugar" will persuade you otherwise.
Under equivalence decisions, the EU recognizes that rules of foreign jurisdictions have the same objectives as EU provisions, granting foreign operators access to its markets and vice-versa.
In full view of the world, an American president drew a moral equivalence between white supremacists and neo-Nazis, and those who protested and rejected their repulsive ideology.
I am going to try to look at corruption and ethics issues each on their own rather than trying to create some sort of equivalence that isn't there.
Normally, the EU will not grant equivalence to foreign firms until it has completed lengthy deliberations - about four years in the case of one U.S. derivatives clearing rule.
It is observational equivalence, especially in regard to opaque, secretive, authoritarian regimes, that leads to so much "Kremlinology," so many attempts to divine the intent behind erratic actions.
Britain has said equivalence is too one-sided and wants a bespoke trading deal for banks based on mutual recognition or the UK and EU accepting each other's rules.
Equivalence was only granted for a year so Brussels could work out its future relationship with another financial center, Britain, which is leaving the EU next March, Haynes said.
This partitioning allowed for "quasi-equivalence," in which subunits differ minimally in how they bond with their neighbors, forming either five-fold or six-fold positions on the lattice.
Facts First: It's misleading to suggest an equivalence between routine diplomatic conversations with foreign heads of state and accepting damaging material on a political opponent from a foreign adversary.
Service industries will not have passports, or rights through equivalence, to operate in the EU. If there is no deal, a free-trade bonanza will be a pipe-dream.
The City is holding out hope that a bespoke deal built on the existing legal concept of "equivalence" could still accord it a fair degree of access to Europe.
The 1080p-equivalent setting looked ridiculous to me, with giant icons and no breathing space, so I had to set it to the next step up of 1296p equivalence.
" The Arizona Republican said in a statement after the news conference: "The damage inflicted by President Trump's naiveté, egotism, false equivalence, and sympathy for autocrats is difficult to calculate.
In this context, people who perceive themselves as neutral — including media, the courts, and civil society activists — can be drawn readily into false equivalence that ultimately serves partisan interests.
The equivalence between Negan and Rick will never hold up if the characters only move in jarring, inconsistent leaps that supposedly take place within the same 12-hour period.
Even if that particular Trump pen stroke did not invalidate Privacy Shield, which relies on a different U.S. law to underpin its promise of "essential equivalence" of privacy protections.
Britain's government wants future financial services trade with the EU based on an "enhanced" version of the bloc's basic "equivalence" regime used by Japan, Switzerland and the United States.
Antony Manchester, head of Brexit at asset manager BlackRock said enhanced equivalence can be made to work, but Britain and the EU have different ideas on what it means.
Financial firms from the United States, Switzerland, Hong Kong, Singapore, Australia and other major jurisdictions have already been granted equivalence status in the EU in past months and years.
Equivalence should be based on whether the outcomes of foreign and EU regulation are the same, rather than on actual rules being written in the same way, Bailey said.
A debate about future relations with the EU was needed as it would be "dangerous" to have equivalence from Brussels without a "rules of the game" pact, Bailey said.
The Commission had initially proposed the open-ended adoption of equivalence for the Swiss exchanges, in line with a deal on U.S. trading venues, documents seen by Reuters showed .
The EU's document stresses that in future equivalence won't be an one-off decision, with third countries closely monitored to ensure no divergence in rules or standards of supervision.
The fallout of Donald Trump's stunning news conference Tuesday has focused largely on the equivalence he appeared to draw between white supremacists and protestors opposing their marches in Charlottesville.
LONDON (Reuters) - Britain should seek "equivalence" based market access to the European Union for the reinsurance market after Brexit, insurance lobby group London Market Group (LMG) said on Monday.
The former vice president recently said American values are being "shredded" by Trump, and accused the president of assigning "moral equivalence" to those who carry out violent, hateful acts.
Critics say the equivalence system is untested, prone to political interference, and hard to maintain if the bloc makes changes to its rules which Britain may not agree with.
For many on the left and, per recent polling, maybe a handful on the right, any comparison between health care and taxes will register as a maddening false equivalence.
In 2007, Roberts drew a moral equivalence between two districts' plans to keep schools from becoming racially segregated and Jim Crow-era schools that banned black children from attending.
Britain's Financial Conduct Authority said on Wednesday that UK financial rules should stay aligned with those in the EU after Brexit, a basic condition for Brussels to grant equivalence.
"We have to find a mechanism that behaves like passporting and has greater security than equivalence," Garnier said, adding that no existing trade model with the EU provides that.
British exports would face non-tariff barriers such as rules of origin and equivalence tests for technical and environmental standards if Britain ceased to apply EU single market rules.
Mutual recognition refers to a broad acceptance by two countries of each other's regulation, avoiding the rule-by-rule approach of equivalence which can get bogged down for years.
That's why Gates is creating a false equivalence between Libya and Iraq is a problem — because his words have enormous weight in a Washington with so little institutional memory.
Instead, it has suggested that Britain's banks be treated under "equivalence arrangements," which provide limited access to the union's financial markets for what are known as third country partners.
They fear that, under equivalence, Britain will end up as a rule-taker - having, like Norway, to cut and paste EU regulations into national law without having a say.
Hey, arithmetic has a well-known liberal bias — and the commitment of the mainstream media to "balance" virtually guarantees enough false equivalence to obscure even the most obvious fraud.
The political analysts Thomas Mann and Norman Ornstein have been trying to explain this transformation for years, fighting an uphill battle against the false equivalence that still dominates punditry.
But Britain has said equivalence is too one-sided and wants a bespoke trading deal based on mutual recognition of the UK and EU accepting each other's financial rules.
Lloyd's was ready for Brexit after setting up a European Union subsidiary in Brussels last year, Carnegie-Brown said, adding that it would like to see equivalence in reinsurance.
The EU is the City of London financial sector's biggest customer and British regulators say the existing equivalence system is unreliable as access can be ended within a month.
Since the mid-20th century mathematicians have tried to develop an alternative to set theory in which it would be more natural to do mathematics in terms of equivalence.
Lee Zeldin did not go quite as far as Kennedy on CNN's "State of the Union" on Sunday but did create an equivalence between Russian and Ukrainian election meddling.
McFarlane said the government now needed to act fast to negotiate "expanded equivalence" for Britain after critics said the regime exposed firms to sudden loss of EU market access.
Asset managers who picks stocks for funds based in Luxembourg and Ireland also need an equivalence-type determination by regulators in those EU states, but this should be easier.
John Kennedy, a Louisiana Republican who again suggested equivalence between critical comments about Trump from some Ukrainian officials and a state-sponsored Russian spy operation targeting the 2016 election.
Yes. Government ministers have said the current equivalence system is opaque and unreliable because all decisions are made unilaterally by Brussels and can be scrapped at 30 days' notice.
The bloc's executive European Commission has so far not offered "equivalence" to British trading platforms, a reference to the system Brussels uses to grant market access to foreign financial firms.
An international team of astronomers tested the equivalence principle under extreme conditions: a system composed of two superdense stellar corpses known as  white dwarfs  and an even denser neutron star.
But Britain has said equivalence is too one-sided and wants a bespoke trading deal for banks based on mutual recognition or the UK and EU accepting each other's rules.
Equivalence will remain unilateral and discretionary EU acts won't cover all financial services and would be withdrawn if a non-EU state "should happen to go different ways," Dombrovskis said.
Last December Switzerland's stock exchange was only given temporary equivalence access, angering the Alpine state, whose minister for international finance, Joerg Gasser, cautioned Britain about going down the same road.
Drugmakers Novartis and Roche fell 2% and 0.7% respectively, and weighed on Swiss shares which declined 0.6% amid a row over stock market equivalence between Switzerland and the European Union.
McGuinness said there were no major calls in Britain's financial sector to radically diverge from rules it has inherited from the EU to threaten equivalence-based access to the bloc.
Trump, drawing accusations of tone deafness and false equivalence, has tweeted a quote suggesting there could be a Civil War-like rift in in the country if he were impeached.
France, for instance, has recently taken the position that certain types of firm should have to set up a branch or subsidiary within the EU, even under an equivalence regime.
Better to introduce the law now, but show regulatory flexibility, allowing a transition period in which investors still have access to American exchanges even if formal "equivalence" is not finalised.
The phrase "the end of the world" has been tossed around a lot this season, a strange false equivalence for what we learn could be the end of time itself.
The government is asking the sector to come up with ideas for widening the scope of financial services that could be covered by equivalence and making the regime more predictable.
Britain is leaving the EU next year, with trading terms uncertain for financial firms who may have to rely on a system of "equivalence" for access to the bloc's market.
Under equivalence, Brussels decides if the home rules of a foreign bank, insurer or trading platform are "equivalent" or aligned enough to those in the EU to grant market access.
The FCA said the review would look at issues such a as the cost of rules, and equivalence, the EU's system of granting market access to non-EU financial firms.
The bloc has taken a more aggressive stance towards non-EU member Switzerland, and made the issue of equivalence - the bloc's approval of different regulatory regimes - more contentious, Dijsselhof said.
This is why equivalence is a "poor shadow" of full passporting as it covers a narrower range of services and comes with higher costs, BBA Chief Executive Anthony Browne said.
The EU's default system of financial-market access for foreign companies is based on "equivalence" — aligning with the bloc's rules — so any major divergence in UK rules could jeopardise access.
A more important vice in political coverage, which we've seen all too often in previous elections — but will be far more damaging if it happens this time — is false equivalence.
Under current law, a product cleared under the 510(k) pathway must show substantial equivalence in materials and intended use to an existing legally marketed device, known as a predicate.
It would be a false equivalence to put Gaviria's decision making on par with Escobar's, but both men are focused on the larger fight and innocents are caught in between.
Due to Brexit, the EU is already looking to revamp its equivalence rules for foreign clearing houses that handle large amounts of euro-denominated derivatives, and for foreign investment firms.
But critics said the regime exposed firms to sudden loss of EU market access, and Barclays' chairman told Reuters last week the government should act fast to negotiate "expanded equivalence".
Interviewed by Swiss television SRF, Swiss Foreign Minister Ignazio Cassis said he told his French counterpart during a visit to Paris that Switzerland was not satisfied with this temporary equivalence.
Britain's finance ministry has asked the City and experts like Rachel Kent, a partner at Hogan Lovells law firm for advice on how to enhance equivalence, Reuters reported last month.
I don't say that to draw an equivalence between the parties; we have every reason to expect that Democrats will adopt a more humane policy toward immigrants than Trump has.
This literal commercialization of love pushes some couples (including my fellow and me) in the other direction, to reject the false equivalence by spending very little money on the ring.
Barney Reynolds, a financial services lawyer with Shearman & Sterling, said the scope for using equivalence will be widenend considerably from January 2018 when revised EU securities rules come into force.
The European Commission had initially proposed an open-ended adoption of equivalence for the Swiss exchanges, in line with a deal on U.S. trading venues, documents seen by Reuters showed.
But a trade deal of this sort has never been done before in financial services, and the EU has said only that it could improve the bloc's existing "equivalence" system.
Post-Brexit, the U.K. will have to pursue a similar "equivalence" relationship for the City of London with the EU based on the existing alignment of the two regulatory systems.
Yes. Government ministers have said that the current equivalence system is opaque and unreliable because all decisions are made unilaterally by Brussels, and can be scrapped at 30 days' notice.
"We are making progress," the official, who spoke on condition of anonymity, said, adding that the financial services deal would be based on the EU's existing so called equivalence system.
Mr. Trump has reacted to other divisive events not by issuing statements of unity or moral clarity as other presidents might have done, but by finding equivalence or diverting attention.
But his willingness to seemingly draw a moral equivalence to actions by Mr. Putin, who has brutally suppressed dissent by eliminating political enemies, led to an eruption on social media.
So when Mr. Trump said there had been "violence on both sides," Democrats — and some Republicans — heard a dangerous moral equivalence between neo-Nazis and the people who opposed them.
Britain will also be under pressure to respond if Brussels rejects its calls to ease up the EU's "equivalence" rules for market access used by Japan and the United States.
Barney Reynolds, a partner at Shearman & Sterling lawfirm, said those terms mirror his own blueprint for "enhanced equivalence", which envisages a bilateral agreement between the EU and Britain with safeguards.

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