The sessions will be held at the Conseil Economique, Social et Environnemental (CESE). Each session, which will be held (in French) from 5pm to 7pm, will give the stage to a panel of 3 to 4 speakers and will be concluded by a Q&A session with the audience.
The sessions will be held for seven weeks in a row, from October 5th to November 30th, 2016.
In May 2011, Nasdaq OMX and its partner Intercontinental Exchange (ICE) were authorized by their respective boards of directors to perform a tender offer on the stock market operator NYSE Euronext. The American Department of Justice was worried about the consequences that this operation would have on competition, and despite the remedies proposed by the two companies, notified them that it would refuse the merger. On May 16, 2011, this potential refusal was enough for Nasdaq OMX and ICE to abandon their plan. This game of signals demonstrates the power of interregulation between merger review and the regulation of tender offers.
Capital market - Competition - Concentration - Financial market - Initial Public Offering (IPO) - Regulator - Self regulation - United States *
* In The Journal of Regulation, these keywords are done by the Editor and not by the Author.
Capital market - Competition - Concentration - Financial market - Initial Public Offering (IPO) - Regulator - Self regulation - United States *
* In The Journal of Regulation, these keywords are done by the Editor and not by the Author.
ITALIAN
Relazione tematica (Finanza): Il Dipartimento di giustizia americano ha informato Nasdaq eIntercontinental Exchange che rifiuterà la loro offerta pubblica iniziale su NYSE Euronext a ragione degli effetti anticoncorrenziali e le due società hanno quindi abbandonato il progetto.
Durante il mese di maggio 2011, Nasdq OMX ed il suo partner Intercontinental Exchange (ICE) erano stati autorizzati dai propri consigli di amministrazione a fare un’offerta sull’operatore di mercato NYSE Euronext. Il dipartimento di giustizia americano era preoccupato delle conseguenze che tale operazione avrebbe avuto sulla libera concorrenza e, malgrado i provvedimenti proposti dalle due società, aveva informato le società che avrebbe rifiutato la fusione. Il 16 maggio 2011, questo potenziale rifiuto bastò a Nasdaq OMX e ICE a far abbandonare il loro progetto. Questo gioco di segnali mette in rilievo il potere dell’interregolazione tra il controllo delle concentrazioni e la regolazione delle offerte all’asta.
Autoregolazione – Concorrenza - Concentrazione – Mercato finanziario – Mercato dei capitali – Offerta Pubblica Iniziale (IPO) – Regolatore – Stati Uniti d’America *
* In The Journal of Regulation, le parole chiave sono responsabilità dell’Editore e non dall’Autore.
SPANISH
Informe temático (Finanza): El Departamento americano de justicia informó a Nasdaq y ICE que rechazó su IPO sobre el NYSE Euronext a causa de sus efectos anticompetitivos, y que las dos compañías deben por lo tanto abandonar su plan. NYSE Euronext y Deutsche Börse han decidido merge.
En mayo del 2011, Nasdaq OMX y su partidario, Interncontinental Exchange (ICE), obtuvieron la autorización por sus respectivas juntas directivas para extender una oferta en el operador del mercado de valores, NYSE Euronex. El Departamento americano de justicia comenzó a preocuparse sobre las consecuencias que esta operación tendría sobre la competencia, y a pesar de algunos remedios propuestos por las dos compoañías, notificó que rechazaría la unión. El 16 de mayo del 2011, esta rechazo potencial fue suficiente para que Nasdaq OMX y ICE abandonaran su plan. Este juego de señales demuestra el poder de la inter-regulación entre el proceso de revisión de uniones y la regulación de ofertas públicas de adquisición.
PORTUGUESE
Informe temático (Finanças): O Departamento de Justiça dos Estados Unidos da América informou Nasdaq e ICE que ele iria rejeitar o IPO em NYSE Euronext por causa de seus efeitos anti-concorrenciais, assim as duas empresas abandonaram seu plano.
Em maio de 2011, Nasdaq OMX e seu parceiro Intercontinental Exchange (ICE) foram autorizados por suas respectivas diretorias a realizar uma oferta no operador do mercado de estocagem NYSE Euronext. O Departamento de Justiça dos Estados Unidos da América ficou preocupado com as conseqüências que esta operação teria na concorrência, e apesar dos contrapesos indicados pelas duas empresas, informou que ele iria recusar a operação. Em 16 de maio de 2011, esta recusa potencial foi suficiente para Nasdaq e OMX e ICE abandonarem seu plano. Este jogo de sinais demonstra o poder da interregulação entre revisão de operações e regulação de ofertas.
The September 8th 2010 decision of the European Court of Justice rules that any national law on gambling restraining freedom of establishment and freedom to provide services, if not consistent and systemic in its purpose, violates EU Law.
SPANISH
La Corte Europea de Justicia restringe a los Estados Miembros la habilidad de dificultar la libre provisión y establecimiento de servicios de juego en su territorio nacional.
El 8 de septiembre del 2010, una decisión de la Corte Europea de Justicio juzga que cualquier ley nacional sobre los juegos que restrinjan la libertad de establecimiento y la liberad de proveer servicios, a menos de que sea consistente y sistémica en su propósito, viola la Ley de la Unión Europea.
ITALIAN
Relazione tematica (scommesse): La Corte di giustizia europea riduce la possibilità per gli Stati membri di ostacolare la libera circolazione ed il libero stabilimento dei servizi di scommesse sul proprio territorio.
La Corte di giustizia, con una sentenza dell’8 settembre 2010, ha deciso che ogni legislazione nazionale in materia di scommesse che riduce il diritto di libero stabilimento e la libera prestazione di servizi viola il diritto europeo, qualora tale legislazione non contribuisca a limitare l’attività di scommesse in maniera coerente e sistematica.
► Full reference : series of symposiums organised by the Journal of Regulation & Compliance (JoRC) and its partner universities, focusing in 2026 on the general theme of Compliance and Contract.
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► This series of colloquia follows on from previous series, which have resulted in English publications on:
► The Symposium Series in a nutshell : As a direct continuation of the previous symposium series co-organised by the Journal of Regulation & Compliance and its partner universities on "Compliance Obligation", which served as the basis for the publication of the book 📘Compliance Obligation, The series, some elements of which began in 2024 and others are already present in this book, explored in depth the specific theme of the links between compliance law and contracts. Indeed, compliance law is often analysed as the construction of laws and regulations to achieve "📘 Monumental Goals " of a political nature desired by States and public authorities, to the achievement of which systemic economic operations contribute through 📘Compliance Tools that are now well documented. Contracts are still relatively little studied, or even developed, in compliance systems that are often perceived through the orders issued, the technologies put in place and the 📘sanctions to be avoided or endured. On the contrary, the future of compliance law, particularly in its European conception, which places human beings at the centre of concerns for the sustainability of systems and the use of contracts, is the new conception that we must adopt. Contracts then appear to be both the means by which the subject company fulfils its legal obligations, forges relationships with other actors and deploys the necessary innovations. Contract law is both used and renewed as a result. The series of symposiums will examine various aspects of this general issue. It will result in the publication of a 📘book Compliance and Contrat.
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► Presentation of symposiums in development :
29 May 2026🧮THE JUDGE CONFRONTED WITH CONTRACTS OF COMPLIANCE AND COMPLIANCE CLAUSES: read the presentation
September 2026🧮COMPLIANCE, VALUE CHAINS AND CONTRACT: read the presentation
2 November 2026 🧮COMPLIANCE AND THE STRATEGIC CONTRACTUAL ORGANISATION OF CHAINS VALUE BY ENTERPRISES: read the presentation
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► All of these symposiums, designed to complement each other, form the basis of a book, available in both French and English versions. :
📕 Compliance et Contrat, to be published in 📚Regulations & Compliance, copublished by theJournal of Regulation & Compliance (JoRC) and Lefebvre-Dalloz.
📘Compliance and Contract,to be published in 📚Compliance & Regulation, copublished by Journal of Regulation & Compliance (JoRC) and Bruylant.
This colloquium took place the 31st of March 2021.
The manifestation was live broadcasted on Zoom.
Presentation of the theme:
The arbitrator is the ordinary judge of international trade. It was natural that he or she encountered Compliance: by definition Compliance Law takes hold of the whole world and follows the paths of international trade while it can only be deployed with the help of institutions which, by nature are spreading around the world and need authorities like the Courts.
The conference is based on the already perceptible connection points between Compliance and Arbitration to better identify what is emerging for tomorrow: contradiction or convergence between the two; weakening or consolidation. We are already seeing the impact that Compliance can have on the arbitrator's treatment of corruption or the consideration of money laundering. More generally, where do we stand with the arbitrator's knowledge of the many technical issues related to compliance? Beyond these, will the courts and arbitrators be able to achieve the goals, themselves new, sometimes monumental, pursued by Compliance Law?
Through this joint exploration of these avenues, the fate of compliance clauses inserted in contracts, the relevance in the matter of private codes of conduct, etc. will be examined.
Tomorrow, as of today, is the arbitrator a full and complete judge of Compliance Law?
How, with what specificities and what controls?
Notably will speak:
Mathias Audit, professeur à l'Université Panthéon-Sorbonne - Paris I (full professor at Sorbonne - University - Paris)
Cécile Chainais, director of the Centre de Recherche sur la Justice et le Règlement des Conflits (CRJ) and professeur à l'Université Panthéon-Assas (Paris II) (Full professor at Panthéon-Assas (Paris II) University)
Claire Debourg, professeure à l'Université Paris X- Nanterre (Full professor at Paris X - Nanterre)
Marie-Anne Frison-Roche, professeur à Sciences Po - Paris (Full Professor at Sciences Po - Paris)) and Director of the Journal of Regulation & Compliance (JoRC)
Catherine Kessedjian, professeur émérite de l'Université Panthéon-Assas (professor emeritus of Panthéon-Assas - Paris II University)
►This scientific manifestation is placed under the scientific responsibility of Marie-Anne Frison-Roche and Jean-Christophe Roda. It is organized by the Journal of Regulation & Compliance (JoRC) and the Centre de Droit de l'Entreprise of Lyon 3 University.
► Presentation of the topic: Initially, it was through Criminal Law, inseparable from the trial, which forced companies to take charge of monitoring within themselves behavior likely to be deviant, the requirement of Ex Ante to be designed by the 'Ex Post of the jurisdictional. From this reversal of things, there has always remained this presence of the judge and the prosecution bodies in a Compliance Law which is nevertheless defined by its concern for the future and the Ex Ante tools within the company.
In doing so, the company becoming on the one hand a judge of itself, on the other hand a prosecutor of itself, it splits up, taking in reverse the most established procedural principles. Moreover, because of the monumental goals which constitute Compliance Law, companies become attorneys and judges of the others, or for the others, the cutting machines and the "supreme courts" being by name instituted to regulate in Ex Ante all different before that it does not become litigation. The Ex Ante of Compliance would then make the Ex Post disappear.
► Method:
The colloquium which had to take place initially on 8th of April has been postponed to 23rd of June to enable speakers to meet and talk in face to face, with a limited audience.
These exchanges will be captured so that third parties can benefit from them, even before the publication of the works, La Juridictionnalisation de la Compliance and Compliance Juridictionalization, within which this work constitutes the basis for the development of a specific chapter.
Five practical cases will first be examined in five specific sectors, where this institution of the firm as prosecutor and judge of itself is particularly observable before both specific and more cross-sectoral themes are examined and discussed.
to be published in the Compliance & Regulation Series , co published by the Journal of Regulation & Compliance (JoRC) and Bruylant.
