Trading through clearing houses will break the "too interconnected to fail" paradigm, reduce the systemic risk inherent in the bilateral OTC marketplace and provide transparency. 通过清算行进行交易,将打破“相互关系过于紧密,以至于不能破产”的模式,同时降低双边场外市场所固有的系统性风险,并提供透明度。
The inherent value of transparency lies in law which may be calculated. 透明度固有价值在于法律的可算计性。
In current tax system, the VAT tax system has the basic characteristics, that is "Multi-link collection and no double taxation", its inherent fairness, transparency and the principle of universal collection has played an effective role in controlling tax evasion. 现行税法体系中,增值税制度具有多环节征收、税不重征的基本特征,其特有的公平、透明与普遍征收原则对于抑制企业偷、漏税发挥了有效的作用。