Translated Summaries

In The Journal of Regulation the summaries’ translation are done by the Editors and not by the authors

ENGLISH

The Conseil d’Etat (French Council of State) handed down a ruling (n°339154) on October 19, 2011 in the French Data Network, Apple, and iTunes case. In this ruling, it refused to annul the decree giving the "Haute Autorité pour la diffusion des œuvres et la protection des droits sur Internet" (HADOPI — France’s Internet Piracy Regulator) the power to issue injunctions to force the accessibility of essential information on the Internet in order to guarantee interoperability, using either penalties or fines.

 

FRENCH

Le Conseil d’Etat a rendu un arrêt (n ° 339154) le 19 Octobre 2011 French Data Network, Apple et iTunes. Dans cet arrêt, il a refusé d’annuler le décret donnant à la Haute Autorité pour la diffusion des Œuvres et la protection des Droits sur Internet (HADOPI) le pouvoir d’émettre des injonctions pour forcer l’accessibilité des ’informations essentielles sur Internet afin de garantir l’interopérabilité, en utilisant des injonctions ou des amendes.

ITALIAN

Il “Conseil d’Etat” (il Consiglio di Stato francese) ha pronunciato una decisione (n° 339154) il 19 ottobre 2011 nel caso della rete di dati francese, Apple ed iTunes. In questa decisione, il Consiglio di stato ha rifiutato di annullare il decreto che conferisce alla “Haute Autorité pour la diffusion des œuvres et la protection des droits sur Internet” (HADOPI – l’autorità francese di regolazione contro la pirateria informatica) il potere di emettere delle sanzioni per assicurare l’accessibilità di informazioni essenziali su internet per garantire l’interoperabilità, usando così delle multe o delle ammende.

..................

Other translations forthcoming.

The European Commission has published its institutional architecture of the Union Bank, which is being built in Europe. The primary role is entrusted to the European Central Bank. The ECB shall have power to issue licenses to the 6000 banks acting in the euro area. This institution will supervise to ensure compliance and liquidity. It will restore compliance if necessary. It will have power to impose sanctions, ranging from fines to withdrawal of approval. Thus, institutional reform leads to an extreme centralization of power, national authorities no longer as relays

The Libor manipulations successively discovered, led the British Government to request to the Financial Services Authority (FSA) a report to reform the system. On August 10, 2012, a progress report is made public. It proposes not to end self-regulation, but to temper it. Firstly, the declaratory system, too subjective, must be tempered by objective data (real transactions and other reference rate). Secondly, the power of monitoring and sanction of public authorities must be increased. This growing power must be that of the courts... and the Financial Services Authority (FSA). Stakeholders have until September 7, 2012 to respond. The British Government has entrusted in late July 2012 the Financial Services Authority (FSA) a report on the reform that is appropriate to operate concerning the system of Libor. It must be submitted at the end of September. Subsequent events show the method followed.