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Updated: July 23, 2012 (Initial publication: July 15, 2012)

Breaking news

In Belgium, in December 2008, the Flemish Region issued a decree tariffing the injection into the electricity in the distribution network. The Belgian Energy regulator, the "Commission de Regulation de l’Electricité et du Gaz" (CREG – Belgian Regulatory Commission for Electricity and Gas), which has federal jurisdiction, challenged this Decree in the Constitutional Court; the regulator considered that the Region has no jurisdiction to establish such a tariff. By the decision of July 12, 2012, the Court gives reason to the regulator and cancels the order adopted by the Region, stating the need for a federal jurisdiction to adopt such tariff, in this case the jurisdiction of the regulator.

Updated: May 21, 2012 (Initial publication: May 2, 2012)

Breaking news

Prudential rules on the own funds of banks adopted by the Basle Committee are biding as soon as they will be transposed in a binding legal text. The new rules of Basel III must take the force of a European directive. This gives rise to a new discussion, nor between the central bank governors (as in Basel), but between Finance Ministers of the European Union member states, in Brussels. On this occasion, each State defends the interest of its banks; the rule advocated by him corresponds to its banking structure or its type of banking business. In any case, the banks, anticipating the application of Basle III, have already integrated the prudential requirements in their accounts, hoping that their State will preserve it.

Updated: July 21, 2010 (Initial publication: May 7, 2010)

Symposiums

The implementation of a joint 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 ‘Autorité des marchés financiers – AMF’ (French financial markets authority’s) other activities. The signature of the agreement creating the new joint service was the occasion for Jean-Pierre Jouyet, President of the AMF, to clarify that this joint service’s principal goal is consumer protection. The coordination between the AMF and the ACP is intended to improve efficiency and credibility to further this goal.

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

Doctrine

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

Updated: May 8, 2010 (Initial publication: May 7, 2010)

Symposiums

The implementation of a joint 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 ‘Autorité des marchés financiers – AMF’ (French financial markets authority’s) other activities. The signature of the agreement creating the new joint service was the occasion for Jean-Pierre Jouyet, President of the AMF, to clarify that this joint service’s principal goal is consumer protection. The coordination between the AMF and the ACP is intended to improve efficiency and credibility to further this goal.

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

Breaking news

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: April 29, 2010 (Initial publication: Feb. 11, 2010)

Sectorial Analysis

Main information

The implementation of a common repertory of information on Social Security tax payments provides the opportunity to gather real-time information on a vast majority of taxpayers, but is highly criticized for its possible violation of privacy rights.

Updated: Feb. 8, 2011 (Initial publication: Dec. 15, 2010)

Sectorial Analysis

ENGLISH
 
The College of the Autorité de régulation des jeux en ligne (ARJEL — the French online gambling regulatory authority), decided to bring a matter concerning three licensed operators before its Sanctions Committee on December 3, 2010.
 
FRENCH

Fiche thématique (Jeux en ligne): première saisie de la Commission des Sanctions de l'ARJEL.
 
Le Collège de l'Autorité de régulation des jeux en ligne (ARJEL) a décidé le 3 décembre 2010 de saisir la Commission de sanction de l'autorité pour un cas concernant trois opérateurs.
 
GERMAN

Thematischer Bericht (Online-Wetten): erster Fall vor der Santionkommission der ARJEL, die französische Behörde für Online-Wettenregulierung.
 
Das Kollegium der Autorité de régulation des jeux en ligne (ARJEL,  die französische Behörde für Online-Wettenregulierung) hat am 3. Dezember 2010 beschlossen, einen Fall bezüglich auf drei Gesellschaften der Sanktionskommission übermittelt.
 
SPANISH
 

Informe Temático (El Juego): La primera referencia a la Comisión de sanciones del ARJEL, la Autoridad francesa de la regulación del juego en la red.

El Colegio de la Autorité de régulation des jeux en ligne (ARJEL – la Autoridad francesa para la regulación del juego en la red), decidió traer ante el Comité de sanciones un asunto sobre tres operadores licenciados  el 3 e diciembre del 2010.

 

ITALIAN
 
Relazione tematica (Scommesse): Prima consultazione del Comitato destinato ad adottare delle sanzioni della ARJEL, l’autorità francese di regolazione delle scommesse online.
 
Il 3 dicembre 2010, il collegio della Autorité de régulation des jeux en ligne (ARJEL – l’autorità francese di regolazione delle scommesse online) ha deciso di sottoporre una questione riguardante tre operatori con licenza dinanzi al suo comitato destinato ad adottare delle sanzioni.

 

CHINESE
 
主题性报告ARJEL(法国在线游戏管理局)首次向法国金融市场管理局处罚委员会提交案件
 
Autorité de régulation des jeux en ligne (ARJEL-法国在线游戏管理局)于2010年12月3日会议决定将一起涉及三家许可运营商的案件交由法国金融市场管理局处罚委员会处理。

 

 
Other translations forthcoming.

Aug. 14, 2020

Newsletter MAFR - Law, Compliance, Regulation

Full reference: Frison-Roche, M.-A., Is Regulating Hate and Infox a legal obligation imposed to the Digital Enterprises or the expression of their free will to contribute to Democracy?Newsletter MAFR - Law, Compliance, Regulation, 14th of August 2020

Read, by freely subscribing, other news in the Newsletter MAFR - Law, Compliance, Regulation

 

Summary of the news

Internet permits to access to expanded knowledge but also make easier the broadcasting of fake news and hate speeches. Unfortunately, public powers cannot know who broadcast these fake news and hate speeches and are so not able to fight efficiently against this. A solution would be to expect from digital firms that they find a way to contain these fake news and hate speeches that they structurally contribute to diffuse. 

Digital firms already do that and especially Facebook which plans to sensibilize its American users to 2020 presidential elections. However, digital firms explain that if they fight against fake news and hate speeches, it is only because of its Corporate Social Responsibility (CSR). But, even if it is a calculus to get a better reputation and avoid boycott actions, this remains a willingness of the firm which is therefore neither forced to succeed, nor even to act. 

The solution proposed by Compliance Law is to make of this effort a legal obligation by internalizing in crucial operators (digital firms) the "monumental goal" to fight against fake news and hate speeches so that digital companies are required to act and that they are supervised by public authorities in this task. The forthcoming law about digital services will impose to digital firms Ex Ante obligations while the law of 22 of December 2018 related to the fight against information manipulation already forces platforms operators a legal obligation to "cooperate" in the fight against fake news. 

 

To go further, read : 

Updated: Nov. 25, 2010 (Initial publication: Oct. 2, 2010)

I. Isolated Articles

ENGLISH

On June 2nd 2010, the European Union (EU) Commission shared its 2010-2011 time-table and action plan for financial markets. It proposed to improve supervision of Credit Rating Agencies, it launched debate on corporate governance in financial institutions and it published a communication on Financial Services 2010-2011 ("Regulating financial Services for sustainable growth"). Indeed, any of these three aspects answer to the EU’s G20 commitment to create a safer regulatory framework for financial markets –itself participating to economic recovery- and implement such system as to prevent future crisis to go off. As Commission President José Manuel Barroso said on that day: "Today the Commission is launching the final push to complete the EU's financial services reform. This is part of our wider agenda to stabilize, consolidate and restore sustainable growth to the European economy".


FRANCAIS

Article: Lancement de "la dernière impulsion pour compléter la réforme des services financiers": La Commission suit-elle le bon chemin?


Le 2 Juin 2010, la Commission Européenne (CE) a rendu public son agenda 2010-2011 ainsi que son plan d'action pour les marchés financiers. A cette occasion, elle a proposé d'améliorer la surveillance des agences de notation, a lancé un débat sur le gouvernement d'entreprise dans les établissements financiers, et a publié une communication sur les services financiers 2010-2011, intitulée "La réglementation des services financiers au service d'une croissance durable". Ces trois aspects en effet répondent aux engagements du G20 de créer un cadre régulatoire  plus sûr pour les marchés financiers, pour permettre la reprise économique, et, dans l'éventualité d'une crise future, pour éviter que cette dernière ne dérape. Comme l'a précisé le Président de la Commission Européenne José Manuel Barroso ce jour-là: "aujourd'hui la Commission lance la dernière impulsion pour compléter la réforme des services financiers en Europe. Ceci fait partie d'un agenda plus global pour stabiliser, consolider et restaurer une croissance durable pour l'économie européenne."


GERMAN

Artikel: Lancierung "des letzten Schrittes zur Vervollständigung der EU-Finanzdienstleistungensreform": ist die Kommission auf dem richtigen Weg?

Am 2. Juni 2010 hat die Europäische Kommission ihre Agenda 2010-2011 veröffentlicht, sowie ihre Vorschläge zu den Änderungen der EU-Vorschriften zu Ratingagenturen vorgelegt und eine öffentliche Konsultation zur Reform der Corporate Governance in Finanzinstituten eingeleitet. Die Kommission hat auch eine allgemeinere Mitteilung 2010-2011 über den Finanzdienstleistungssektor verabschiedet („Regulierung der Finanzdienstleistungen für nachhaltiges Wachstum“). So was entspricht der Verpflichtung der Kommission beim G20-Gipfel, ein sicherer und stabiler Finanzsystem sicherzustellen. Kommissionspräsident José Manuel Barroso erklärte aus diesem Anlass: "Die Kommission lanciert heute den letzten Schritt zur Vervollständigung der EU-Finanzdienstleistungensreform. Dies ist Teil eines breitangelegten Programms zur Wiederherstellung von nachhaltigem Wachstum, sowie der Stabilisierung und Konsolidierung der europäischen Wirtschaft“

ITALIAN

 

Articolo: Verso la “spinta finale per completare la riforma dell’Unione europea dei servizi finanziari”: la Commissione è sulla strada giusta?

Il 2 giugno 2010, la Commissione del’Unione Europea (UE) ha svelato il suo calendario ed il suo piano d’azione per il 2010-2011 in materia di mercati finanziari. La Commissione ha proposto di migliorare la supervisione delle Agenzie per la valutazione dei crediti, ha aperto il dibattito sulla corporate governance nelle istituzioni finanziarie ed ha pubblicato un comunicato sui servizi finanziari 2010-2011 (“Regolamentare i servizi finanziari per uno sviluppo sostenibile”). Tuttavia, nessuno di questi tre aspetti corrisponde all’impegno, preso dall’UE durante il G20, di creare un quadro di riferimento più sicuro per i mercati finanziari – partecipando alla ripresa economica – e di attuare un sistema tale da evitare una crisi futura. Lo stesso giorno, il Presidente della Commissione José Manuel Barroso ha affermato: “Oggi la Commissione sta dando la spinta finale per completare la riforma dei servizi finanziari. Questo fa parte della nostra ampia agenda, al fine di stabilizzare, consolidare e riavviare una crescita sostenibile dell’economia europea”.

 

CHINESE

欧盟委员会“推动完成欧盟金融服务业改革”是在正确的道路上提出的吗?

The European Union (EU) Commission(欧盟委员会)于201062日公布了其关于金融市场2010-2011年的时间表和行动计划。欧委会建议完善针对Credit Rating Agencies(信用评级机构)的监管,它发起了有关金融机构公司治理的讨论并且公布了金融服务行业2010-2011年度通讯("Regulating financial Services for sustainable growth")。事实上,这三方面中的任何一项都是欧盟针对二十国集团为金融市场建立一个安全可靠的监管体系所作承诺的回复-自身参与经济重建以及建立应对经济再度衰落的预防体系。正如委员会主席José Manuel Barroso(若泽·曼努埃尔·巴罗佐)在同一天所讲:执委会今天正在推动完成欧盟金融服务业改革,这是我们关于欧洲经济稳定、巩固以及恢复其可持续增长更广泛议程的一部分。

 


SPANISH

El lanzamiento del “empuje final para completar la reforma de servicios de la Unión Europea”: ¿ira por buen camino la Comisión?

 

El 2 de junio del 2010 la Comisión de la Unión Europea compartió con el público su calendario y plan de acción para los mercados financieros en el periodo 2010-2011.  Ha propuesto mejorar la supervisión de las agencias de notación, ha lanzado un debate sobre la gerencia corporativa en las instituciones financieras y ha publicado una comunicación sobre los servicios financieros del 2010-2011 (“La reglamentación de los servicios financieros al servicio de un crecimiento durable”). Cada uno de estos tres aspectos responde al compromiso de la UE G20 de crear un marco regulatorio más seguro para los mercados financieros – contribuyendo en sí mismo al relance de la economía – y de implementar un tal sistema para prevenir crisis similares en el futuro. En las palabras del Presidente de la Comisión José Manuel Barroso: “Hoy la Comisión lanza el empuje final para completar la reforma de los servicios financieros de la UE. Esto forma parte de nuestra agenda para estabilizar, consolidar y restaurar el crecimiento durable de la economía europea.”