But a common system of deposit insurance needs to be rapidly set up.
What is at issue is the establishment of a common monitoring system for the environment and a common system for the alleviation of emergencies.
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In any case, a new common system is years away.
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The committee has suggested that it should only be optional for a two year transitional period, becoming compulsory thereafter for large cross-border companies, with small businesses being forced to join a common system after a further five years.
Then there have been subtle but important barriers: For instance, Macintosh computers have long been incompatible with a security keycard-reading system known as Common Access Cards system, or CAC, which is heavily used by the military.
This common file system ensures that the process is automatic and requires just one step, Ray said.
This sort of adaptability is one of the reasons that Hayek liked the Common Law system so much.
What interests me most about this story is the way that it shows the adaptability of the Common Law system.
It is common for system companies to buy from local suppliers as it lowers the latency in the response of the supply chain.
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And what we seem to have done through both the lawyers and the bureaucrats is move from the Common Law system to the Napoleonic.
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This baby-and-the-bath-water argument points out that there are all sorts of private arbitrations, including religious courts like the Jewish Bais Din, which allow private parties who share a common belief system to use their own system to adjudicate their internal disputes.
The whole Guardian Cross package is governed by an energy system common in free-to-play social games.
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As a result, the scope of the common-law system of judicial review has been significantly broadened.
And inter-circuit competition is essential for our common-law system to work well.
It is natural for those familiar with the common-law system to object to a non-judicial body overturning an interpretation given by a final appellate court.
The Cyprus presidency also aims to launch a Common European Asylum System by the end of this year and foster a deepening of the EU Single Market.
Therefore, some aspects of the common-law system have been modified.
Earlier this month, Daimler, Ford and Nissan re-upped their commitment to the lead-off batter for the Periodic Table of the Elements by announcing a pact to develop a common fuel cell system that could lead to affordable fuel cell cars by 2017.
The three most expensive jurisdictions were the U.S., U.K. and Canada, all of which use the English system of common law.
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Where they have worked best, financial mergers have profited from the simple economies of scale offered by a common information-technology system.
England has had a central system of common law for centuries.
This arrangement is designed to help Sprint consolidate its cell sites and install common equipment that will enable operations on its three different portions of spectrum with a common cell site radio system.
In our opinion, NATO provides the best means for providing the organizational infrastructure which would enable America's allies to make a significant contribution in both economic and technological terms to the research, development and deployment of a system answering common needs and concerns.
The health secretary, Andrew Lansley, said getting everyone to use the same system was "common sense".
Diamonds are made of carbon, after all--the fourth most common element in the solar system.
To just focus on Mr. Swartz would further perpetuate a common understanding that our legal system treats the rich and powerful differently from the poor and defenseless.
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Mr Westendorp faces a huge agenda: the creation of a common air-traffic control system, free media and reformed police forces, to name just three objectives (all of which the Serbs resist).
The fee levied on big banks to pay back in whole what was lent to stabilize the financial system is another common-sense proposal that is made on behalf of the taxpayers.
The way to fix our broken immigration system is through common-sense, comprehensive immigration reform. (Applause.) That means responsibility from government to secure our borders, something we have done and will continue to do.
Note that, in warning against excessive concentrations or common exposures across the banking system, regulators need not make a judgment about whether a particular asset class is mispriced--although rapid changes in asset prices or risk premiums may increase the level of concern.
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