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The “Conseil économique, social et environnemental – CESE” (French Economic, Social and Environmental Council) expressed its approval of the “Stratégie nationale de développement durable SNDD” (new French National Strategy for Sustainable Development), on January 27 2010, which has been drawn up by the Government for the period 2009-2013. This national strategy is to become the tool for establishing a new model of economic development.

The “Conseil économique, social et environnemental – CESE” (French Economic, Social and Environmental Council) expressed its approval of the “Stratégie nationale de développement durable SNDD” (new French National Strategy for Sustainable Development), on January 27 2010, which has been drawn up by the Government for the period 2009-2013. This national strategy is to become the tool for establishing a new model of economic development.

The implementation of a joint consumer information service on Insurance, Banking, and Insurance within the ‘Autorité de Contrôle prudential – ACP’ (French Prudential Control Authority), raises questions as to the way in which the service will be coordinated with the ACP’s other activities. The signature of the agreement creating the new joint service was the occasion for Christian Noyer, Governor of the Banque de France (Central Bank of France) and President of the ACP, to clarify that this joint service, whose principal goal is consumer protection, complements the ACP’s other missions.

ENGLISH

After a video recording of his first conference devoted to the relations between Regulation and Supreme Courts, The Journal of Regulation published a book on the future of the audit, based on another conference. This present document, written in French worked with KPMG, from conference co-hosted with this company and the "Ecole de Droit de la Sorbonne", is devoted to the debates around banking regulation and its impacts. The challenge is to enable the persons concerned, that is to say to all citizens to express their opinion on an issue that concerns them directly, but whose technical dimensions, real or serviced, stand them aloof.

 

FRENCH

Après sa vidéo retraçant sa première conférence consacrée aux relations entre la régulation et les Cours suprêmes, le Journal of Regulation a publié un libre sur L’avenir de l’audit, consacré sur la conférence suite. La présente publication, écrite en française, élaborée avec KPMG, à partir de la conférence organise avec celle-ci et l’Ecole de Droit de la Sorbonne, est consacrée aux Débats autour de la régulation bancaire et ses impacts. L’enjeu est de rendre les personnes concernées, c’est-à-dire tous les citoyens, aptes à exprimer leurs opinion sur un sujet qui les concerne tous directement mais dont la technicité, réelle ou entretenue, les tient à l’écart.

Chairman of the Board of Directors of KPMG S.A. (KPMG France). Jean-Luc Decornoy graduated from the ESSEC and is also an accountant and auditor. Jean-Luc Decornoy became part of KPMG in 1977. He became a partner in 1988. He was nominated Director-General in 1993, and has been the Chairman of the Board since 2001. (...)

Translated summaries

 

ENGLISH

Nearly 40% of French consumers feel badly or inadequately protected. This scientific report written in French and made by three members of the Conseil d’Analyse Economique du Premier Ministre (French Prime Minister’s Economic Analysis Council) formulates six propositions to organize a better protection, because this consumers protection is a crucial social issue.

 

FRENCH

Près de 40% des consommateurs français se sentent mal ou insuffisamment protégés. Le présent rapport scientifique rédigé en français et réalisé par trois membres du Conseil d’Analyse Economique du Premier Ministre formule six propositions pour organiser une meilleure protection, car cette protection des consommateurs est une question sociale cruciale. 

 

 

 

 

Main information

The Italian upper administrative court (“Consiglio di Stato”) ruled that the Autorità per le garanzie nelle comunicazioni (“AgCom” – the Italian Regulatory Authority for electronic communications) is not bound to provide a rigorous justification when issuing decisions not compliant with European Commission’s comments. This judgment is of general interest since, on the basis of a formalistic reasoning, it does not pay adequate attention to the role played by the European Commission in electronic communications’ regulatory proceedings at national level. Under the European regulatory framework (and the multilevel governance system established therein), comments from the European Commission are the main pillar of the horizontal coordination system between the European level and the national level, aimed at creating a competitive common market for electronic communications.

Procedure is that by which a body of law finds its unity: the right to an impartial tribunal, as stated in Article 6 of the European Convention on Human Rights, created a new unit in Regulation Law, as it also requires from Regulatory Authorities to "show" their impartiality whenever they act as courts.

Nevertheless, little by little, the national courts and the ECHR itself indicated the contours of this right, which cannot, admittedly, end up nullifying the effectiveness of the mission of Regulators.

It is assumed that whenever a Regulatory Authority intervenes whether in "civil matters", i.e., when it affects the civil rights or the property rights of a person, or in "criminal matters", i.e., when it sanctions a significantly serious behavior, the individuals that are exposed to the power of the Regulator are protected against it by the right to impartiality. Since the regulator has the power to judge, it also has to respond to the condition of impartiality.

As such, not only those within the Regulatory Authority involved should not be in conflict of interest or have already experienced the event (personal, subjective and/or objective impartiality), but the Authority in its organization and processes itself shall give to see its impartiality to the person who is threatened by its power- and, beyond, to the entire society. This objective structural impartiality is called after English law "apparent impartiality."

Yet such a structural impartiality is subject to conditions and limitations, which the 5th section of the ECHR reminded in its 1 September 2016 judgment about the French Autorité des marchés financiers (AMF)(French version only).

Read the analysis below.

Main information

Following the creation of the Authority of Accounting Standards (ANC – autorité des normes comptables) by the Ordinance of 22 January 2009, the Decree of 15 January 2010 defines its operational structure.

ENGLISH

The Direction générale de la concurrence, de la consommation, et de la repression des fraudes (DGCCRF – The French Directorate General for Competition, Consumer Affairs, and Repression of Fraud) organized a Competition Workshop on the theme “Transportation and Competition” that took place at the Ministry of Economics, Finance, and Industry, in Paris, on December 16, 2010. These workshops, which are half-day conferences on a given theme, have been organized by the DGCCRF multiple times a year on various themes since 1994. This event was chaired by Anne Wachsmann, a lawyer at Linklaters, and Christophe Lemaire, a teaching assistant at the Law School of the Sorbonne, and a lawyer at Ashurst.

 

FRENCH

Fiche bibliographique (transports) : La Direction générale de la concurrence, de la consommation, et de la répression des fraudes a organisé un Atelier de la Concurrence sur le thème "Transports et Concurrence"

La Direction générale de la concurrence, de la consommation, et de la répression des fraudes a organisé un Atelier de la Concurrence sur le thème "Transports et Concurrence" qui a eu lieu au Ministère de l'Economie, des Finances et de l'Industrie à Paris, le 16 décembre 2010. Ces ateliers, qui sont des colloques d'une demie-journée sur un thème donné, sont organisés par la DGCCRF plusieurs fois par an depuis 1994. Cet atelier a été présidé par Maître Anne Wachsmann, avocat chez Linklaters, Paris, et Maître Christophe Lemaire, maître de conférences à l'Ecole de  Droit de la Sorbonne et avocat chez Ashurst, Paris.

GERMAN

 

Die Direction générale de la concurrence, de la consommation, et de la repression des fraudes (DGCCRF – die französische Hauptleitung für Wettbewerb, Konsumierung und Betrugsahndung) hat ein Wettbewerbsarbeitstreffen um dem Thema « Verkehr und Wettbewerb » organisiert. Er fand statt im Gebäude des Minsisteriums für Wirtschaft, Finanz und Industrie in Paris am 16. Dezember 2010. Solche Arbeitstage, die eigentlich ein halbes Tag lang dauern, wurden seit 1994 bei der DGCCRF mehrmals im Jahr organisiert. Diese Konferenz wurde von Anne Wachsmann, Rechtsanwältin für Linklaters, und Christophe Lemaire, wissenschaftlicher Mitarbeiter an der Sorbonner Rechtsschule, und Rechstanwalt für Ashurst, geleitet. 

 

SPANISH

 

La Directiva general francesa para la competencia, asuntos del consumidor y la represión del fraude organiza un Taller de Competencia sobre el tema de “Transporte y Competencia.”

La Direction générale de la concurrance, de la consommation, et de la repression des fraudes (DGCCRF - Directiva general francesa para la competencia, asuntos del consumidor y la represión del fraude) organizó un  Taller de Competencia sobre “Transporte y Competencia” que se llevó a cabo en el Ministerio de Economía, Finanza e Industria en Paris el 16 de diciembre del 2010. Estos talleres, que son de una duración de medio día, han sido organizados por el DGCCRF en múltiples ocasiones a lo largo del año sobre varios temas desde 1994. Este evento fue dirigido por Anne Wachsmann, una abogada de Linklaters, Cristophe Lemaire, un profesor asistente en la Universidad Sorbonne, y un abogado proveniente de Ashurst.  

 

Other translations forthcoming.