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Updated: Sept. 10, 2012 (Initial publication: Sept. 6, 2012)

Breaking news

In the United States, the Republican Party declared on the 1st September 2012 its opposition to any lifting of the ban of online poker.

In the United States, in its political program, the Republican Party has indicated that it considered inadequate the decision of the Department of Justice adopted in December 2011, according to that the prohibition of poker does not apply when this game was played on line. Indeed, the Republican Party said that this game can be pathological, because it can destroy the players and their families. As such, the distorted interpretation that the previous administration that made of the Wire Act should be canceled for that to be restored, according to it, the outright prohibition of online poker. This program must be compared, in contrast with the court decision, which comes instead to ask that poker can be freely organized, because it is not even a gambling game.

Updated: Sept. 3, 2012 (Initial publication: Aug. 26, 2012)

Breaking news

In the United States, the House of Representatives passed an Act organizing the audit of monetary decisions of the Fed.

Central banks have a decisive role on the markets and the question of their accountability is raised. This is particularly true concerning the powerful Fed which applies a genuine economic policy. For the moment, a kind of observatory made remarks to the benefit of the Congress on it. The House of Representatives voted on 8 August 2012 a text that increases the audit of this policy determined by the single Central Bank. If the Senate also voted this text, then comes a law so that the Central Bank, although independent will be more accountable . Thus the fundamental couple in regulation, namely "independence - accountability" will be more respected.

Updated: Aug. 28, 2012 (Initial publication: July 18, 2012)

Breaking news

On July 16, 2012, the Director General of the European Medicine Agency (EMA) decides to make public the scientific archives of the Agency

The European Medicine Agency decided to open its archives on the totalities of clinical trials conducted by pharmaceutical companies, work that led to the authorization of drugs market. In this, the Authority operates a fundamental change in regulation, replacing the principle of information by the principle of transparency, to the detriment of business confidentiality.

Bosnia and Herzegovina

Centralna banka Bosne i Hercegovine (CBBH- The Central Bank of Bosnia and Herzegovina)

Centralna banka Bosne i Hercegovine - 25 Maršala Tita Street, 71 000, Sarajevo Tel. : +387 (33) 278 222 Fax : +387 (33) 215 094 aalibasic@cbbh.ba

Switzerland

Département Fédéral des Finances

Denmark

Garantifonden for Indskydere og Investorer (Guarantee Fund for Depositors and Investors)

Garantifonden for Indskydere og Investorer - Amaliegade 3-5, 5 sal 1256 København K, Danmark Tel. (+45) 33 14 62 45 gii@gii.dk

France

Conseil Supérieur de l'Audiovisuel - CSA (French Media Regulatory Authority)

39/43 quai André Citroën 75015 Paris FRANCE Phone : +33 (0)1 40 58 38 00

Updated: June 9, 2012 (Initial publication: June 9, 2012)

Doctrine

Trends and Perspectives

Trends and Perspectives

Updated: June 1, 2012 (Initial publication: May 26, 2012)

Breaking news

The Swiss postal regulator submitted its annual report on May 14, 2012. The opening to competition remains low. The next regulator, the PostCom, will have more power to encourage it.

The postal Regulation Authority (PostReg) is an independent body attached to the Federal Department of the environment, transport, energy and communication (DETEC). It has the mission to assess the liberalisation of the sector and its proper functioning. In its report presented on May 14, 2012, it notices first of all the satisfactory quality of the service provided by the Post, since not only the mails but the packages arrived on time. But concerning the openness to competition, the monopoly held by the Post on the mail lets him maintaining a dominant position on the market of the package. The regulator said that the law already adopted will establish a new authority, the Commission of Post (PostCom) which will further promote new entrants.

Updated: May 29, 2012 (Initial publication: May 29, 2012)

Doctrine

Global Financial Integration, Thirty Years on. From reform to crisis

Global Financial Integration, Thirty Years on. From reform to crisis
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