ECUADOR
In the table, for part 7, Financial Services, in the sixth paragraph of the second column (Description of Reservation), where it says:
"On the securities market, Ecuador will accept the risk rating by an agency recognised by the European Securities and Markets Authority (ESMA) as a âNationally Recognized Statistical Rating Organisation - RSRO" (...)",
the words "European Securities and Markets Authority (ESMA) as a "Nationally Recognized Statistical Rating Organisation - RSRO"" are replaced by the words "Financial Conduct Authority (FCA) as a "Credit Rating Agency - CRA"".
MODIFICATIONS TO ANNEX IX, RESERVATIONS REGARDING TEMPORARY PRESENCE OF NATURAL PERSONS FOR BUSINESS PURPOSES
Appendix 1
RESERVATIONS ON KEY PERSONNEL AND GRADUATE TRAINEES
SECTION B
EU PARTY
1. In paragraph 1 the words:
"When the column referred to under subparagraph (b) only includes European Union Member State-specific reservations, European Union Member States not mentioned therein undertake commitments in the sector concerned without reservations (1).",
and footnote (1) are deleted and replaced by the following:
"When the column referred to under subparagraph (b) does not include UK specific reservations in a given sector, without prejudice to horizontal reservations that may apply, the UK undertakes commitments in the sector concerned without reservations."
2. In the table, the reservation for ALL SECTORS for Recognition, and the words:
"EU: European Union directives on mutual recognition of diplomas only apply to European Union nationals. The right to practise a regulated professional service in one European Union Member State does not grant the right to practice in another European Union Member State (1)",
and footnote (1) are deleted.
Appendix 2
RESERVATIONS ON CONTRACTUAL SERVICE SUPPLIERS AND INDEPENDENT PROFESSIONALS
SECTION B EU PARTY
1. In the table, the reservation for ALL SECTORS for Recognition, and the words:
"EU: European Union directives on mutual recognition of diplomas only apply to European Union nationals. The right to practise a regulated professional service in one European Union Member State does not grant the right to practice in another European Union Member State (2).",
and footnote (7) are deleted.