The following presents the measures from the STRI database that were used to prepare the sector specific reform scenario.
Revitalising Services Trade for Global Growth
Annex B. STRI measures considered for the sector specific reform scenario
Television and broadcasting
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) (broadcast terrestrial) |
Foreign equity restrictions: maximum foreign equity share allowed (%) (broadcast non terrestrial) |
|
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms |
|
Broadcast time is regulated by quotas |
|
Board of directors: at least one must be resident |
|
Commercial presence is required in order to provide cross-border services |
|
Other discriminatory measures |
There are discriminatory subsidies or tax breaks for the production of programmes |
Subsidies and tax breaks for audiovisual work are subject to cultural tests |
|
Local content: limitations on cast and crew |
|
Discriminatory treatment of foreigners for the protection of copyrights and related rights |
|
Dubbing is regulated |
|
Barriers to competition |
National, state or provincial government controls at least one major TV channel |
Restrictions on advertising |
|
Public TV channels are subject to rules that affect the competition with private broadcasters |
|
Publicly-controlled firms are exempted from the application of the general competition law |
|
Regulatory transparency |
Broadcasting Licences are granted in a transparent manner |
Visas on arrival or visa exemption are available for temporary entry/transit of crew |
|
Applicants must be informed of the final decision, including the reasons for denial of licences |
|
There is a maximum time allowed to the regulator for decisions on applications |
|
Restrictions related to the duration and renewal of licences |
Motion picture services
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) |
Limitations on downloading and streaming affecting cross-border trade |
|
Screen quotas are in place |
|
Broadcast or airtime quotas are in place for motion pictures |
|
Restrictions to movement of people |
Laws or regulations establish a process for recognising qualifications gained abroad |
Other restrictions to movement of people |
|
Other discriminatory measures |
Local content: limitations on cast and crew |
Discriminatory treatment of foreigners for the protection of copyrights and related rights |
|
Dubbing is regulated |
|
Foreign suppliers are treated less favourably regarding eligibility to subsidies |
|
Barriers to competition |
National, state or provincial government control at least one major firm in the sector |
Arbitration structures are in place to deal with commercial disagreements between rights holders and collective rights managers |
|
Vertical integration is monitored and regulated |
|
Regulatory transparency |
Visas on arrival or visa exemption are available for temporary entry/transit of crew |
Applicants must be informed of the final decision, including the reasons for denial of licences |
|
There is a maximum time allowed to the regulator for decisions on applications |
Sound recording services
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) |
Quotas: A proportion of television or radio broadcast time is reserved to domestic music |
|
There is a statutory monopoly on copyrights management |
|
Restrictions to movement of people |
Laws or regulations establish a process for recognising qualifications gained abroad |
Other restrictions to movement of people |
|
Other discriminatory measures |
Foreign suppliers are treated less favourably regarding taxes |
Foreign suppliers are treated less favourably regarding eligibility to subsidies |
|
Local content: subsidies for film or television program making are conditioned on local content requirements for music |
|
Barriers to competition |
National, state or provincial government control at least one major firm in the sector |
Arbitration structures are in place to deal with commercial disagreements between rights holders and collective rights managers |
|
Vertical integration is monitored and regulated |
|
Regulatory transparency |
Visas on arrival or visa exemption are available for temporary entry/transit of crew |
Applicants must be informed of the final decision, including the reasons for denial of licences |
|
There is a maximum time allowed to the regulator for decisions on applications |
Telecommunications services
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) (fixed) |
Foreign equity restrictions: maximum foreign equity share allowed (%) (mobile) |
|
Screening explicitly considers economic interests |
|
Screening exists without exclusion of economic interests |
|
Commercial presence is required in order to provide cross-border services |
|
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms |
|
Restrictions on cross-border mergers and acquisitions (M&A) |
|
Restrictions to movement of people |
Laws or regulations establish a process for recognising qualifications gained abroad |
Other restrictions to movement of people |
|
Other discriminatory measures |
Foreign suppliers have non-discriminatory access to regulated rates and conditions for retail international mobile roaming services (fixed) |
Foreign suppliers have non-discriminatory access to regulated rates and conditions for wholesale international mobile roaming services (mobile) |
|
Foreign operators seeking interconnection benefit from regulated termination rates on a non-discriminatory basis (fixed) |
|
Foreign operators seeking interconnection benefit from regulated termination rates on a non-discriminatory basis (mobile) |
|
Barriers to competition |
National, state or provincial government control at least one major firm in the sector |
The government can overrule the decision of the regulator |
|
Contracts for universal services obligations are assigned on a competitive basis (mobile termination) |
|
Number portability is required |
|
Time and conditions for porting are regulated |
|
Resale of public telecommunications services is allowed (fixed) |
|
Use it or lose it applies to spectrum |
|
Secondary spectrum trading is allowed |
|
Regulatory transparency |
Applicants must be informed of the final decision, including the reasons for denial of licences |
There is a maximum time allowed to the regulator for decisions on applications |
Air transport services
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) (international traffic - cargo) |
Foreign equity restrictions: maximum foreign equity share allowed (%) (international traffic - passenger) |
|
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms (passenger) |
|
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms (cargo) |
|
Screening exists without exclusion of economic interests (passenger) |
|
Screening exists without exclusion of economic interests (cargo) |
|
Screening explicitly considers economic interests (passenger) |
|
Restrictions on foreign entry |
Screening explicitly considers economic interests (cargo) |
Lease of foreign aircrafts without crew (dry lease) is permitted subject to prior authorisation (passenger) |
|
Lease of foreign aircrafts without crew (dry lease) is permitted subject to prior authorisation (cargo) |
|
Lease of foreign aircrafts with crew (wet lease) is prohibited (passenger) |
|
Lease of foreign aircrafts with crew (wet lease) is prohibited (cargo) |
|
Lease of foreign aircrafts with crew (wet lease) is permitted subject to prior authorisation (passenger) |
|
Lease of foreign aircrafts with crew (wet lease) is permitted subject to prior authorisation (cargo) |
|
Licensing/permits are subject to quotas or economic needs tests (international traffic - cargo) |
|
Licensing/permits are subject to quotas or economic needs tests (international traffic - passenger) |
|
Barriers to competition |
National, state or provincial government control at least one major firm in the sector (cargo) |
National, state or provincial government control at least one major firm in the sector (passenger) |
|
Slots can be exchanged on a one-to-one basis (domestic traffic - cargo) |
|
Slots can be exchanged on a one-to-one basis (domestic traffic - passenger) |
|
Slots can be exchanged on a one-to-one basis (international traffic - cargo) |
|
Slots can be exchanged on a one-to-one basis (international traffic - passenger) |
|
Air carriers are allowed to commercially exchange slots (domestic traffic - cargo) |
|
Air carriers are allowed to commercially exchange slots (domestic traffic - passenger) |
|
Air carriers are allowed to commercially exchange slots (international traffic - cargo) |
|
Air carriers are allowed to commercially exchange slots (international traffic - passenger) |
|
Price regulation on domestic routes (passenger) |
|
Exemption of air carrier alliances from competition law (cargo) |
|
Exemption of air carrier alliances from competition law (passenger) |
|
Regulatory transparency |
Duration of visa for crew: number of months allowed by the visa |
Visas on arrival or visa exemption are available for temporary entry/transit of crew |
|
Multiple entry visas are allowed for crew |
Maritime transport services
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) |
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms |
|
Screening exists without exclusion of economic interests |
|
Restrictions to own and/or register vessels under national flags |
|
Foreign-flagged ships are partially excluded from cabotage |
|
Foreign-flagged ships are fully excluded from cabotage, without any exception |
|
Cargo reservations or preferences |
|
Bilateral/plurilateral cargo sharing agreements |
|
Restrictions on the chartering of vessels |
|
Restrictions on foreign entry |
Statutory monopoly on port services |
Restrictions to movement of people |
Laws or regulations establish a process for recognising qualifications gained abroad |
Other discriminatory measures |
Foreign suppliers are treated less favourably regarding taxes and eligibility to subsidies |
Discriminatory port tariffs and other port-related fees |
|
Barriers to competition |
Obligation to use a local maritime port agent |
Obligations to use local towage services |
|
Shipping agreements are fully exempt from national competition laws |
|
Shipping agreements are partially exempt from national competition laws upon approval |
|
Certain types of shipping agreements are partially exempt from national competition laws |
|
National, state or provincial government control at least one major firm in the sector |
|
Port concessions are granted with exclusive rights to operate the port infrastructure |
|
Bundling and/or tying of port related services |
|
Regulatory transparency |
Applicants must be informed of the final decision, including the reasons for denial of licences |
Restrictions related to the duration and renewal of licences |
|
Multiple entry visas are allowed for crew |
|
Visas on arrival or visa exemption are available for temporary entry/transit of crew |
|
Duration of visa for crew: number of months allowed by the visa |
Rail freight transport services
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) |
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms |
|
Screening explicitly considers economic interests |
|
Screening exists without exclusion of economic interests |
|
Access rights for rail transport |
|
Memo: Market share under monopoly in the sector (value between 0 and 1, e.g. for 50% enter 0.5) |
|
Services are reserved for statutory monopoly or granted on an exclusive basis |
|
Restrictions to movement of people |
Laws or regulations establish a process for recognising qualifications gained abroad |
Other discriminatory measures |
Foreign suppliers are treated less favourably regarding taxes and eligibility to subsidies |
Interoperability/interlinking is required |
|
Barriers to competition |
National, state or provincial government control at least one major firm in the sector |
Publicly-controlled firms are exempted from the application of the general competition law |
|
The government can overrule the decision of the regulator |
|
Prices for rail services are regulated |
|
Transfer or trading of infrastructure capacity is prohibited |
|
Regulatory transparency |
Applicants must be informed of the final decision, including the reasons for denial of licences |
There is a maximum time allowed to the regulator for decisions on applications |
|
Restrictions related to the duration and renewal of licences |
Road freight transport services
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) |
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms |
|
Screening explicitly considers economic interests |
|
Screening exists without exclusion of economic interests |
|
Managers must be resident |
|
Licensing/permits are subject to quotas for domestic traffic |
|
Licensing/permits are subject to an economic needs test |
|
Restrictions to movement of people |
Laws or regulations establish a process for recognising qualifications gained abroad |
Other discriminatory measures |
Foreign suppliers are treated less favourably regarding taxes and eligibility to subsidies |
There is a formal requirement that regulators consider comparable international standards and rules before setting new domestic standards |
|
Barriers to competition |
National, state or provincial government control at least one major firm in the sector |
Exemption of road freight carrier’s agreements from competition law |
|
Freight carriers are required to file tariffs |
|
Prices or fees are regulated |
|
Regulatory transparency |
Duration of visa for crew: number of months allowed by the visa |
Visas on arrival or visa exemption are available for temporary entry/transit of crew |
|
Multiple entry visas are allowed for crew |
|
There is a maximum time allowed to the regulator for decisions on applications |
|
Restrictions related to the duration and renewal of licences |
Logistics cargo-handling services
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Screening explicitly considers economic interests |
Screening exists without exclusion of economic interests |
|
Service provision is reserved for statutory monopoly or granted on an exclusive basis |
|
Other discriminatory measures |
Foreign freight forwarders are treated less favourably regarding financial responsibility |
Foreign suppliers are treated less favourably regarding taxes and eligibility to subsidies |
|
National standards on transport packages deviate from international standards |
|
Foreign firms are eligible for Authorised Economic Operators Schemes |
|
Barriers to competition |
Firms have redress when business practices restrict competition in a given market |
Publicly-controlled firms are exempted from the application of the general competition law |
|
Prices or fees are regulated |
|
Separation of accounts is required |
|
Cross-subsidisation is prohibited |
|
Contracts for service provision are awarded through competitive bidding |
|
Other restrictions in barriers to competition |
|
Regulatory transparency |
Duration of visa for crew: number of months allowed by the visa |
Visas on arrival or visa exemption are available for temporary entry/transit of crew |
|
Regulatory transparency |
Multiple entry visas are allowed for crew |
An advance ruling system is available |
|
Pre-arrival processing is possible |
|
A de minimis regime is in place: Import duties (USD) |
|
Applicants must be informed of the final decision, including the reasons for denial of licences |
|
There is a maximum time allowed to the regulator for decisions on applications |
|
Individual licensing/registration requirements are imposed on warehousing, freight forwarding and customs brokerage services |
|
Restrictions related to the duration and renewal of licences |
Logistics storage and warehouse services
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Screening explicitly considers economic interests |
Screening exists without exclusion of economic interests |
|
Licences are subject to quotas or economic needs test (storage customs) |
|
Other discriminatory measures |
Foreign freight forwarders are treated less favourably regarding financial responsibility |
Foreign suppliers are treated less favourably regarding taxes and eligibility to subsidies |
|
National standards on transport packages deviate from international standards |
|
Foreign firms are eligible for Authorised Economic Operators Schemes |
|
Barriers to competition |
Firms have redress when business practices restrict competition in a given market |
Publicly-controlled firms are exempted from the application of the general competition law |
|
Prices or fees are regulated |
|
Contracts for service provision are awarded through competitive bidding |
|
Other restrictions in barriers to competition |
|
Regulatory transparency |
Duration of visa for crew: number of months allowed by the visa |
Visas on arrival or visa exemption are available for temporary entry/transit of crew |
|
Multiple entry visas are allowed for crew |
|
An advance ruling system is available |
|
Pre-arrival processing is possible |
|
A de minimis regime is in place: Import duties (USD) |
|
Applicants must be informed of the final decision, including the reasons for denial of licences |
|
There is a maximum time allowed to the regulator for decisions on applications |
|
Individual licensing/registration requirements are imposed on warehousing, freight forwarding and customs brokerage services |
|
Restrictions related to the duration and renewal of licences |
Logistics freight-forwarding services
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Screening explicitly considers economic interests |
Screening exists without exclusion of economic interests |
|
Licences are subject to quotas or economic needs test freight forwarding) |
|
Other discriminatory measures |
Foreign freight forwarders are treated less favourably regarding financial responsibility |
Foreign suppliers are treated less favourably regarding taxes and eligibility to subsidies |
|
National standards on transport packages deviate from international standards |
|
Foreign firms are eligible for Authorised Economic Operators Schemes |
|
Barriers to competition |
Firms have redress when business practices restrict competition in a given market |
Publicly-controlled firms are exempted from the application of the general competition law |
|
Prices or fees are regulated |
|
Contracts for service provision are awarded through competitive bidding |
|
Other restrictions in barriers to competition |
|
Regulatory transparency |
Duration of visa for crew: number of months allowed by the visa |
Visas on arrival or visa exemption are available for temporary entry/transit of crew |
|
Multiple entry visas are allowed for crew |
|
An advance ruling system is available |
|
Pre-arrival processing is possible |
|
A de minimis regime is in place: Import duties (USD) |
|
Applicants must be informed of the final decision, including the reasons for denial of licences |
|
There is a maximum time allowed to the regulator for decisions on applications |
|
Individual licensing/registration requirements are imposed on warehousing, freight forwarding and customs brokerage services |
|
Restrictions related to the duration and renewal of licences |
Logistics customs brokerage services
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) |
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms |
|
Board of directors: at least one must be resident |
|
Screening explicitly considers economic interests |
|
Screening exists without exclusion of economic interests |
|
Commercial presence is required in order to provide cross-border services |
|
Local presence is required for cross-border supply |
|
Restrictions to movement of people |
Residency is required to practice |
Nationality or citizenship required for Licence to practice |
|
Other discriminatory measures |
Foreign freight forwarders are treated less favourably regarding financial responsibility |
Foreign suppliers are treated less favourably regarding taxes and eligibility to subsidies |
|
National standards on transport packages deviate from international standards |
|
Other discriminatory measures |
Foreign firms are eligible for Authorised Economic Operators Schemes |
Barriers to competition |
Firms have redress when business practices restrict competition in a given market |
National, state or provincial government control at least one major firm in the sector |
|
Geographical restrictions |
|
Contracts for service provision are awarded through competitive bidding |
|
Other restrictions in barriers to competition |
|
Regulatory transparency |
Duration of visa for crew: number of months allowed by the visa |
Visas on arrival or visa exemption are available for temporary entry/transit of crew |
|
Multiple entry visas are allowed for crew |
|
An advance ruling system is available |
|
Pre-arrival processing is possible |
|
A de minimis regime is in place: Import duties (USD) |
|
Applicants must be informed of the final decision, including the reasons for denial of licences |
|
There is a maximum time allowed to the regulator for decisions on applications |
|
Individual licensing/registration requirements are imposed on warehousing, freight forwarding and customs brokerage services |
|
Restrictions related to the duration and renewal of licences |
Distribution services
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) |
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms |
|
Screening explicitly considers economic interests |
|
Screening exists without exclusion of economic interests |
|
Commercial presence is required in order to provide cross-border services |
|
Restrictions against foreign distributors to practice direct selling including e-commerce |
|
Licences for the distribution of certain products are subject to quotas or economic needs tests |
|
Licences for the distribution of certain products are subject to quotas or economic needs tests |
|
Licences for department stores or large-store formats are subject to quotas or economic needs tests |
|
Restrictions on franchising |
|
Memo: Market share under monopoly in the sector (value between 0 and 1, e.g. for 50% enter 0.5) |
|
Other discriminatory measures |
Foreign suppliers are treated less favourably regarding taxes and eligibility to subsidies |
Online tax registration and declaration is available to non-resident foreign providers |
|
The pre-packaging of products is subject to mandatory nominal quantities |
|
Labelling provisions go beyond information requirements |
|
Barriers to competition |
National, state or provincial government control at least one major firm in the sector |
Publicly-controlled firms are exempted from the application of the general competition law |
|
Barriers to competition |
Regulation imposes an upper limit on shop opening hours |
Prices or fees are regulated |
|
Freedom of choice of law applicable to a contract |
|
Seasonal sales periods are regulated |
|
Other restrictions in barriers to competition |
|
Regulatory transparency |
Applicants must be informed of the final decision, including the reasons for denial of licences |
There is a maximum time allowed to the regulator for decisions on applications |
|
Restrictions related to the duration and renewal of licences |
|
A de minimis regime is in place: Import duties (USD) |
Courier services
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) |
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms |
|
Screening explicitly considers economic interests |
|
Screening exists without exclusion of economic interests |
|
Board of directors: at least one must be resident |
|
Commercial presence is required in order to provide cross-border services |
|
Memo: Market share under monopoly in the sector (value between 0 and 1, e.g. for 50% enter 0.5) |
|
Memo: Monopoly on letters (kg) |
|
Licences/authorisations are subject to an economic needs test |
|
Laws or regulations establish a process for recognising qualifications gained abroad |
|
Memo: there is a designated postal operator to provide universal postal services |
|
Barriers to competition |
National, state or provincial government control at least one major firm in the sector |
Publicly-controlled firms are exempted from the application of the general competition law |
|
The government can overrule the decision of the regulator |
|
The legal separation of the regulator and services operators is required |
|
The designated postal operator obtains preferential tax or subsidy treatment |
|
The designated postal operators obtains preferential treatment during customs clearance procedures |
|
The designated postal operator obtains exemptions from transport bans |
|
Prices for postal services are regulated |
|
Accounting separation is required |
|
An appropriate cost allocation system is in place |
|
Accounting information is made public |
|
Access to the postal network is granted on a non-discriminatory basis |
|
Quality/performance standards requirements for courier services outside universal services |
|
Regulatory transparency |
Applicants must be informed of the final decision, including the reasons for denial of licences |
There is a maximum time allowed to the regulator for decisions on applications |
|
Regulatory transparency |
Restrictions related to the duration and renewal of licences |
A de minimis regime is in place: Import duties (USD) |
Commercial banking services
Policy area |
Measure |
---|---|
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) |
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms |
|
Managers must be resident |
|
Screening explicitly considers economic interests |
|
Screening exists without exclusion of economic interests |
|
Commercial presence is required: deposit-taking |
|
Commercial presence is required: Payment services |
|
Commercial presence is required: Lending |
|
Some financial products are reserved for statutory monopolies |
|
Quotas or economic needs tests are applied in the allocation of licences |
|
Criteria to obtain a licence are more stringent for foreign companies |
|
Restrictions on the branch network |
|
Restrictions on internet banking |
|
Other discriminatory measures |
Restrictions on extending loans or taking deposits in foreign currency |
Restrictions on lending to non-residents for domestically licensed banks |
|
Restrictions on raising capital domestically for foreign banks |
|
Deviation from international standards: Risk weighting (BCBS) |
|
Deviation from international standards: Accounting rules (IFRS) |
|
Barriers to competition |
National, state or provincial government control at least one major firm in the sector |
Publicly-controlled firms are exempted from the application of the general competition law |
|
Contractual interest rates on loans are regulated |
|
Default interest rates on loans are regulated |
|
Interest rates on deposits are regulated |
|
The supervisor has full authority over licensing and the enforcement of prudential measures |
|
Regulatory transparency |
The government can overrule the decisions of the supervisor |
Applicants must be informed of the reasons for denial of licences |
|
There is a maximum time allowed to the regulator for decisions on applications |
|
Restrictions related to the duration and renewal of licences |
Insurance services
Policy area |
Measure |
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) (life) |
Foreign equity restrictions: maximum foreign equity share allowed (%) (non-life) |
|
Foreign equity restrictions: maximum foreign equity share allowed (%) (reinsurance) |
|
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms (life) |
|
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms (non-life) |
|
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms (reinsurance) |
|
Screening explicitly considers economic interests |
|
Screening exists without exclusion of economic interests |
|
Managers must be resident (non-life) |
|
Managers must be resident (life) |
|
Managers must be resident (reinsurance) |
|
Commercial presence is required in order to provide cross-border services (life) |
|
Commercial presence is required in order to provide cross-border services (non-life) |
|
Commercial presence is required in order to provide cross-border services (MAT) |
|
Local availability test for cross-border trade (non-life) |
|
Some insurance activities are reserved for statutory monopolies |
|
Mutual insurance is prohibited |
|
Quotas or economic needs tests are applied in the allocation of licences (non-life) |
|
Quotas or economic needs tests are applied in the allocation of licences (life) |
|
Quotas or economic needs tests are applied in the allocation of licences (reinsurance) |
|
Criteria to obtain a licence are more stringent for foreign companies (life) |
|
Criteria to obtain a licence are more stringent for foreign companies (non-life) |
|
Criteria to obtain a licence are more stringent for foreign companies (reinsurance) |
|
Restrictions to movement of people |
Laws or regulations establish a process for recognising qualifications gained abroad (broking and agency services) |
Other discriminatory measures |
Deviation from international standards: Risk weighting (BCBS) |
Deviation from international standards: Accounting rules (IFRS) |
|
Discriminatory financial requirements on foreign reinsurance suppliers |
|
Barriers to competition |
National, state or provincial government control at least one major firm in the sector (life) |
National, state or provincial government control at least one major firm in the sector (non-life) |
|
The government has discretionary control over funding of the supervisory agency |
|
Compulsory cessions to specified reinsurers all |
|
Limit on the share of risks that can be ceded to reinsurers all |
|
Restrictions on asset holdings all |
|
Premiums or fees are regulated all |
|
Approval by the regulatory authority required for new products or services all |
|
The supervisor has full authority over licensing and the enforcement of prudential measures all |
|
The government has discretionary control over funding of the supervisory agency all |
|
Regulatory transparency |
The government can overrule the decisions of the supervisor |
Applicants must be informed of the reasons for denial of licences |
|
There is a maximum time allowed to the regulator for decisions on applications |
|
Restrictions related to the duration and renewal of licences |
Legal services
Policy area |
Measure |
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) (domestic law) |
Foreign equity restrictions: maximum foreign equity share allowed (%) (international law) |
|
Equity restrictions applying to not licensed individuals or firms (100, <50, >50, 0) (domestic law) |
|
Equity restrictions applying to not licensed individuals or firms (100, <50, >50, 0) (international law) |
|
Legal form: corporation is prohibited (domestic law) |
|
Legal form: partnership is prohibited (domestic law) |
|
Commercial association is prohibited between locally and not locally licensed lawyers |
|
Commercial association is prohibited between lawyers and other professionals |
|
Prohibitions on hiring locally-licensed lawyers |
|
Board of directors: at least one must be a licensed professional (domestic law) |
|
Board of directors: majority must be licensed professionals (domestic law) |
|
Board of directors: majority must be residents (domestic law) |
|
Managers must be national |
|
Managers must be resident |
|
Manager must be a licensed professional (domestic law) |
|
Manager must be a licensed professional (international law) |
|
Screening explicitly considers economic interests |
|
Screening exists without exclusion of economic interests |
|
Commercial presence is required in order to provide cross-border services |
|
Localisation requirements for professional liability insurance |
|
Restrictions to movement of people |
Nationality or citizenship required for licence to practice (domestic law) |
Nationality or citizenship required for licence to practice (international law) |
|
Prior or permanent residency is required for licence to practice (domestic law) |
|
Prior or permanent residency is required for licence to practice (international law) |
|
Domicile required for licence to practice (domestic law) |
|
Domicile required for licence to practice (international law) |
|
Laws or regulations establish a process for recognising qualifications gained abroad |
|
Foreign professionals are required to take a local examination |
|
Foreign providers have to completely re-do the university degree, practice and exam in the domestic country |
|
A temporary licensing system is in place |
|
Barriers to competition |
Restrictions on advertising |
Barriers to competition |
Fee-setting: recommended minimum and/or maximum fees |
Fee-setting: mandatory minimum and/or maximum fees |
|
Regulatory transparency |
Applicants must be informed of the final decision, including the reasons for denial of licences |
There is a maximum time allowed to the regulator for decisions on applications |
|
Restrictions related to the duration and renewal of licences |
Accounting and auditing services
Policy area |
Measure |
Restrictions on foreign entry |
Foreign equity restrictions: maximum foreign equity share allowed (%) (auditing) |
Foreign equity restrictions: maximum foreign equity share allowed (%) (accounting) |
|
Equity restrictions applying to not licensed individuals or firms (100, <50, >50, 0) (auditing) |
|
Equity restrictions applying to not licensed individuals or firms (100, <50, >50, 0) (accounting) |
|
Screening explicitly considers economic interests |
|
Screening exists without exclusion of economic interests |
|
Board of directors: at least one must be a licensed professional (auditing) |
|
Board of directors: majority must be licensed professionals (auditing) |
|
Manager must be a licensed professional (accounting) |
|
Manager must be a licensed professional (auditing) |
|
Legal form: corporation is prohibited (auditing) |
|
Commercial association is prohibited between accountants or auditors and other professionals |
|
Commercial presence is required in order to provide cross-border services (auditing) |
|
Localisation requirements for professional liability insurance |
|
Restrictions to movement of people |
Nationality or citizenship required for licence to practice (auditing) |
Nationality or citizenship required for licence to practice (accounting) |
|
Prior or permanent residency is required for licence to practice (auditing) |
|
Prior or permanent residency is required for licence to practice (accounting) |
|
Domicile required for licence to practice (accounting) |
|
Domicile required for licence to practice (auditing) |
|
Laws or regulations establish a process for recognising qualifications gained abroad (auditing) |
|
Laws or regulations establish a process for recognising qualifications gained abroad (accounting) |
|
Foreign professionals are required to take a local examination (auditing) |
|
Foreign professionals are required to take a local examination (accounting) |
|
Foreign providers have to completely re-do their university degree, practice and exam in the domestic country (auditing) |
|
Foreign providers have to completely re-do their university degree, practice and exam in the domestic country (accounting) |
|
A temporary licensing system is in place (auditing) |
|
A temporary licensing system is in place (accounting) |
|
Other discriminatory measures |
Laws, regulations or relevant standard-setter impose standards that deviate from international standards on auditing |
Barriers to competition |
Restrictions on advertising (auditing) |
Fee-setting: recommended minimum and/or maximum fees (auditing) |
|
Fee-setting: mandatory minimum and/or maximum fees (auditing) |
|
Other restrictions in barriers to competition |
|
Regulatory transparency |
Applicants must be informed of the final decision, including the reasons for denial of licences |
There is a maximum time allowed to the regulator for decisions on applications |
|
Restrictions related to the duration and renewal of licences |
Construction services
Policy area |
Measure |
Restrictions on foreign entry |
There are limits to the proportion of shares that can be acquired by foreign investors in publicly-controlled firms |
Screening explicitly considers economic interests |
|
Screening exists without exclusion of economic interests |
|
Acquisition and use of land and real estate by foreigners is restricted |
|
Commercial presence is required in order to provide cross-border services |
|
Local presence is required for cross-border supply |
|
Discriminatory qualification requirements for building permits to undertake construction work |
|
Restrictions to movement of people |
Nationality or citizenship required for construction engineers (engineering) |
Residency is required to practice (engineering) |
|
Laws or regulations establish a process for recognising qualifications in engineering gained abroad (engineering) |
|
At least one engineer must be licensed for the issuance of construction permits (engineering) |
|
Foreign construction engineers are required to take a local examination (engineering) |
|
Other discriminatory measures |
Foreign suppliers are treated less favourably regarding taxes and eligibility to subsidies |
Public procurement: Explicit preferences for local suppliers |
|
Public procurement: Procurement regulation explicitly prohibits discrimination of foreign suppliers |
|
Public procurement: Contract award on the basis of non-objective/discriminatory criteria |
|
Public procurement: Discriminatory qualification processes and procedures |
|
Access to the procurement market is conditional on reciprocity |
|
Barriers to competition |
National, state or provincial government control at least one major firm in the sector |
Minimum capital requirements |
|
Prices or fees are regulated |
|
Other restrictions in barriers to competition |
|
Regulatory transparency |
Applicants must be informed of the final decision, including the reasons for denial of licences |
There is a maximum time allowed to the regulator for decisions on applications |
|
Restrictions related to the duration and renewal of licences |
Architecture services
Policy area |
Measure |
Restrictions on foreign entry |
Equity restrictions applying to not licensed individuals or firms (100, <50, >50, 0) |
Screening explicitly considers economic interests |
|
Screening exists without exclusion of economic interests |
|
Manager must be a licensed professional |
|
Legal form: other restrictions |
|
Board of directors: majority must be licensed professionals |
|
Commercial presence is required in order to provide cross-border services |
|
Restrictions to movement of people |
Nationality or citizenship required for licence to practice |
Prior or permanent residency is required for licence to practice |
|
Laws or regulations establish a process for recognising qualifications gained abroad |
|
A temporary licensing system is in place |
|
Foreign professionals are required to take a local examination |
|
Prior or permanent residency is required for licence to practice |
|
Other discriminatory measures |
Foreign suppliers are treated less favourably regarding taxes and eligibility to subsidies |
Barriers to competition |
Fee-setting: recommended minimum and/or maximum fees |
Fee-setting: mandatory minimum and/or maximum fees |
|
Regulatory transparency |
Applicants must be informed of the final decision, including the reasons for denial of licences |
There is a maximum time allowed to the regulator for decisions on applications |
|
Restrictions related to the duration and renewal of licences |
Engineering services
Policy area |
Measure |
Restrictions on foreign entry |
Equity restrictions applying to not licensed individuals or firms (100, <50, >50, 0) |
Legal form: other restrictions |
|
Board of directors: majority must be licensed professionals |
|
Manager must be a licensed professional |
|
Screening explicitly considers economic interests |
|
Screening exists without exclusion of economic interests |
|
Commercial presence is required in order to provide cross-border services |
|
Restrictions to movement of people |
Nationality or citizenship required for licence to practice |
Prior or permanent residency is required for licence to practice |
|
Laws or regulations establish a process for recognising qualifications gained abroad |
|
Foreign professionals are required to take a local examination |
|
A temporary licensing system is in place |
|
Other discriminatory measures |
Foreign suppliers are treated less favourably regarding taxes and eligibility to subsidies |
Barriers to competition |
Fee-setting: recommended minimum and/or maximum fees |
Fee-setting: mandatory minimum and/or maximum fees |
|
Regulatory transparency |
Applicants must be informed of the final decision, including the reasons for denial of licences |
Regulatory transparency |
There is a maximum time allowed to the regulator for decisions on applications |
Restrictions related to the duration and renewal of licences |