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Online gambling operators must receive the approval of The Autorité française de régulation des jeux en ligne (ARJEL -The French Online Gaming Regulatory Authority) before exercising. It is a priori control that is to say, ex ante, specific of the regulation mechanism. But litigation were born about updates of licensed software, the update requiring a new legal approval. Regulatory authority has just notify to the European Commission on April 15, 2012 the new system that it implements: the authorised operator may modify the software originally certified and will merely notify the Regulatory authority. If it considers it necessary, the Regulatory authority may require that the operator requests a new registration. The system becomes a "semi-ex-post" supervision .

In response to the scandal of the drug called the" Médiator", politics, believing that the regulatory authority of medicinal product had not correctly done his job, responded by an act on December, 29 2011 providing the replacement of Agence française de sécurité sanitaire des produits de santé (Afssaps-) (French Agency for the Safety of Health Product) by The Agence Nationale de Sécurité du Médicament (ANSM) (National Agency for safety of medicinal product). The implementing decree organising the regulatory authority was released on April 29, 2012, that allowing the effective implementation of the new authority on the scheduled date: 1 may 2012. There is continuity between the two authorities: it is the same Professor of medicine who is the executive chairman, who was appointed at the head of the Agence française de sécurité sanitaire des produits de santé (Afssaps-) (French Agency for the Safety of Health Product) following the case of the" Médiator", and became the executive chairman of the (National Agency for safety of medicinal product). But the new authority must strengthen its own expertise; this allows therefore an increased autonomy to avoid capture by asymmetry of information for the benefit of pharmaceutical laboratories. The new Act also wants to avoid the links of interests, which lead to the same result of ineffectiveness of the control, and with a focus on transparency as an operating principle.

In Les 100 mots de la régulation (“Regulation in 100 Words”), Marie-Anne Frison-Roche clearly and pedagogically identifies and defines the vocabulary of regulation by making sure, from the introduction, to firmly distinguish between regulation and rule making. Regulation is the maintenance of various balances between principles, rules, and economic and social realities. Rule making is the translation of a collective will emanating from lawmakers or judges, be they national, European, or international.

Complete reference: e-library World Bank, 2004

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The implementation of the Transfer Matching System (TMS) on October 1, 2010 was announced by the Fédération Internationale de Football Association (FIFA) as a first step to regulate international player transfers through an increased transparency of these human and financial flows.

A Chinese economic newspaper revealed, by an anonymous source, that the Chinese banking regulator, ordered end of 2011, five first Chinese financial institutions to proceed in the determination and the quality of loans granted, so they rank their bad debt. The control by the regulator through the self-assessment will be made from end of May 2012.

It quarrels on the best model of banking regulation, but the key is to determine the criteria against which we fight. However, two representatives of the Bank of England, during the global meeting of central bankers in Jackson Hole in the US, have appointed what they believe to be the relevant criterion: simplicity. In a short intervention, they stressed that the North American banking regulation would make about 30,000 pages and 60,000 pages for the European Union. Entitling their speech "Dog and Frisbee", they said that it is equivalent to require that a dog learns Newton's laws before catching the Frisbee. Under these conditions, many would would like to return to Glass-Steagall Act, the mere fact that this law was simple.

Edouard de Lamaze, an Attorney at the Paris Bar, was successively a delegate to the Caisse Nationale des Barreaux français (CNBF), elected by the Paris Bar to be a member of the Union Nationale des Professions Libérales (...)

In the serie of conferences organized by the Journal of Regulation & Compliance (JoRC) on the topic of the Europe of Compliance, Jean-Jacques Daigre presented the general theme of this conference which took place on May 30, 2018 on the Compliance as an opportunity need to be seized by European companies.

By this, he made the general introduction to the conference that Xavier Musca, deputy director general of the Crédit Agricole Group, made on the way in which European companies of global dimension  which had integrated this phenomenon could  contribute to this Europe of Compliance, before Pierre Vimont reacted to these both speeches in a more institutional perspective.  

 

Read below the restitution of this general presentation by Jean-Jacques Daigre.

On the one hand, economic structures, i.e., the centers of economic power, are relevant data for the functioning of the economy, since, especially in the countries in the Southern Hemisphere, they account for important characteristics in the underdevelopment process. On the other hand, as we have observed, these structures are the only ones from which any kind of presumption can be made about the probable behavior of economic agents. What has yet to be defined is the kind of instruments that can be used to define the orientation and behavior of these structures. Economic instruments are worth little as they do not supply concrete economic results that are susceptible to empirical verification. Standing in the way of the use of legal instruments, however, is the apparent difficulty in applying social policy to the economic sphere. For many years, decisions that have affected the economic order have been left primarily to economic theories to which the discussion of values is unfamiliar. It is time therefore, for a legal theory of economic behavior, based on legal procedural values and on the restriction of economic power structures.