Financial Stability and the Global Influence of EU Law

2019 ◽  
pp. 146-173
Author(s):  
Paul Davies

This chapter considers the influence of European Union law in the post-crisis regulation of financial institutions on a global basis. The financial crisis of 2007–2009 created incentives for jurisdictions to ‘export’ their legislative solutions globally, in order to promote domestic stability. The resulting frictions were reduced by (a) promoting international agreement on optimal regulatory strategies and (b) using some form of mutual recognition strategy at the level of individual jurisdictions. The chapter argues that the European Union had relatively little influence on (a) because the international standard-setters are still dominated by the individual Member States. On the other hand, with the adoption of a Union level common rule book, implementation of (b) was placed in the hands of Union institutions. A case study of EU/US recognition of each other’s rules on central counterparties for derivatives clearing shows how cumbersome and political recognition may be.

2017 ◽  
Vol 24 (5) ◽  
pp. 721-739 ◽  
Author(s):  
Valsamis Mitsilegas

The article will put forward a proposal for a paradigmatic change that aims to ‘humanize’ solidarity by moving away from a concept of state-centred solidarity to a concept of solidarity centred on the individual. It will demonstrate how the application of the principle of mutual recognition in the field of positive asylum decisions – accompanied by full equality and access to the labour market for refugees across the European Union – can play a key role in achieving this paradigmatic change. The relationship between solidarity and mutual recognition will be analysed in four steps: by exploring the parameters of the principle of solidarity as currently expressed in European refugee law; by examining the development of state-centred solidarity in secondary European refugee law as articulated by the Dublin system; by critically evaluating attempts to contain state-centred solidarity in the Dublin system via imposing fundamental rights limits to automatic mutual recognition; and by examining ways in which the recognition of positive asylum decisions throughout the European Union can act as a catalyst for a paradigmatic change leading to a model of solidarity that is centred on the refugee.


2016 ◽  
Vol 18 ◽  
pp. 215-238 ◽  
Author(s):  
Leandro MANCANO

AbstractThis article analyses the interaction between the application of mutual recognition in criminal matters and the right to liberty. The main argument is that the current content of the right to liberty in EU law is unsuitable for mutual recognition procedures. As for the structure of this article, firstly, the main features of mutual recognition as a method of inter-state cooperation in criminal matters are outlined. Secondly, the approach of the European Union (especially the Court of Justice) to the right to liberty is clarified. Thirdly, four mutual recognition instruments are analysed in light of the right to liberty: namely, the Framework Decisions on the European Arrest Warrant; the Transfer of Prisoners; the Probation Measures; and the European Supervision Order (ESO). The assessment confirms that the higher level of automaticity in judicial cooperation introduced by mutual recognition requires a rethink of the existing understanding of the right to liberty in EU law.


2017 ◽  
Vol 19 (2) ◽  
pp. 5 ◽  
Author(s):  
Nicoleta Corbu ◽  
Raluca Buturoiu ◽  
Flavia Durach

The European Union (EU) is under severe pressure, due to the multiple crises it has to manage. Among them, the refugee crisis is remarkable, since it is shaking both the individual member states and the EU as a whole. The media coverage of the refugee crisis is important because the media still are the main source of information concerning distant issues (the refugee crisis included), and as such it facilitates people’s access to social reality. Using the perspective of agenda-setting and the conceptual background of framing theory, we aim to (1) identify the most prominent frames online media employ with reference to the refugee crisis, and (2) reveal the tone of voice online media use when portraying issues related to this crisis. To achieve these two goals, we content analyzed 1493 online news articles, published between April 15, 2015 and February 29, 2016. Main findings show that online media outlets mainly refer to the refugee crisis in terms of responsibility and conflict, in this order of prominence. At the same time, online media portals prefer using a reasonably balanced viewpoint when portraying the refugees, and a slightly negative one in terms of attitudes towards the European Union.


2019 ◽  
Vol 7 ◽  
Author(s):  
Marek Moška ◽  
Peter Plavčan

This text provides an overview of the international document on the Global Compact for Safe, Orderly and Regular migration, alongside other international documents, in particular issued by the European Union, on the recognition of professional qualifications. Comments on the individual provisions of the document are also provided in connection with possible application practice. It is based on the current state of migration in Europe and the world, and explains the causes and consequences, details of migratory waves and the consequences of non-compliance with legal regulations by individual states in this area. In addition, the Global Compact is characterized, and the positive impacts and the requirements on important facts that are crucial for migrants in the receiving states are outlined. The negative impacts of migration in the social, economic and cultural spheres are also described. The text lists one of the 23 objectives of the Global Compact, namely the development of skills and the mutual recognition of skills, qualifications and competences. It highlights the risks of recognizing education and qualifications from the point of view of regulated and unregulated professions in the Member States of the European Union. This issue is governed by special regulations. Finally, the European Union Member States are recommended to focus on the actual employability of migrants on their labour markets by focusing on language courses for migrants, social assistance and, in particular, on organizing specialized courses for migrants to carry out specific activities in the field of specific occupations with employers in unregulated professions. Of course, the performance of regulated migrant professions is also proposed when meeting the requirements. Key words: global framework, migration, recognition of professional qualifications, international document.


Author(s):  
M.V. Gromovchuk

The issue is topical in the context of actively expanding the list of human rights, including within the national dimension, because human rights as a dual category are subject to transformation due to the following factors: European integration processes, creating the need for integration and harmonization of Ukrainian legislation with European Union law; globalization processes, as Ukraine is a member of the world community and modern economic, environmental, legal, etc. phenomena have a direct impact on national state processes, and on the legal reality, and on the rights and freedoms of the individual. It is determined that the recognition of new human rights, the expansion of the existing list - one of the trends in the development of the legal status of the individual. And when regulating relations in the field of somatic claims through the category of human rights, it should be borne in mind that somatic human rights should be characterized by what characterizes the category of human rights in general. It is pointed out that in human history no "new right" has really been recognized without a struggle and without overcoming the fierce opposition of some "old rights". It is proved that the legal regulation of the possibility of exercising somatic rights in the international arena (primarily within the European Union) has significantly improved. Basically, we are talking about the existing basic (basic) regulations in the field we study. Thus, among the most important of them, we should first focus on such as, the Council of Europe Convention on Human Rights and Biomedicine 1997, the EU Council Recommendation of June 29, 1998 "On the suitability of blood and plasma donors and donor blood screening. in the European Community" (98/463 / EC), Directive 2004/23 / EC of 31 March 2004 on the establishment of quality and safety standards for the donation, purchase, testing, treatment, preservation, storage and distribution of human tissues and cells". That is, we believe that the Council of Europe and the European Union, as regional international organizations, have established common normative criteria for the possibility of implementing and protecting somatic human rights in general and in the field of biomedical research in particular.


Author(s):  
Anna S. Burdanova ◽  

Introduction. Social rights belong to the second generation of human rights and freedoms, they ensure social security, all-round development of the individual. They are widely represented in the national legislation of the countries of the European Union, primarily in the relevant legislation. However, the same cannot be said about constitutional law, which is associated with different approaches of legal scholars and proven practices in the legal regulation of the implementation of social guarantees in a particular state. The methodological basis of the work was formed by general scientific and special legal research methods. Theoretical analysis. In the scientific European literature there is no single approach to the definition of basic social rights, their essence, types, legal consequences. Moreover, there are fundamentally opposite points of view about the need for their recognition and consolidation at the constitutional level. Thus, the discussion is on in individual states and the European Union as a whole. In the legal doctrine of a number of countries, for example Germany, broad and narrow approaches are used to define social rights. At the same time, at the pan-European level, a broad approach is mainly used, which draws attention to the presence of social guarantees in the Constitutions and, accordingly, state target programs of a social orientation. Empirical analysis. In general, the Constitutions of the EU countries enshrine certain social rights, which may differ in the actual form of their expression in constitutional acts. This form depends on legal approaches, traditions, historical path, economic and political experience of the state. Meanwhile, the point of view about the need to recognize social rights at the highest level, despite the existing criticism, became decisive during their subsequent inclusion in the Charter of Fundamental Rights of the European Union. Results. The working document of the European Parliament distinguishes between three systems for integrating social rights into the Basic Law: liberal (for example, Austria), moderate (for example, Germany) and southern European (typical of Spain, Italy, Portugal, Greece). At the same time, the comparison shows that for the realization of the rights of the second and third generations, constitutional consolidation is not enough; a socio-political consensus is needed, reflected through the normative legal acts adopted by the legislative body. In the European Union, attempts are being made to expand social guarantees, which face the rejection of the concept of unification of social rights by individual member states.


2020 ◽  
Vol 11 (2) ◽  
pp. 55-64
Author(s):  
Chris van Duuren ◽  
Tomasz Zwęgliński

The increasing integrity of the European Union member states is more and more regarding the security and civil protection aspects. On the other hand the priority in responsibility for the safety and security is still in the domain of the sovereign states. It means that the individual states of the EU are responsible for designing and managing their own security and civil protection systems. However, the integration processes within the EU trigger a significant need for an increase of common understanding of the individual member states’ philosophies, approaches and systems utilized in the domain of security and civil protection. Only then if we understand how the others work, we are able to assist them in a crisis or disaster. Therefore, it is highly important to share and understand each other’s systems between member states. The article presents the Dutch approach to national risk assessment as well as organizational aspects of internal security system applied in the Netherlands. It also suggest the future challenges which are at the near horizon of the system development.


2015 ◽  
Vol 6 (1) ◽  
pp. 145-150 ◽  
Author(s):  
Katharina Ó Cathaoir

Case C-354/13, Fag og Arbejde (FOA) v Kommunernes Landsforening (KL) [2014] (not yet reported)There is no general principle under European Union law prohibiting discrimination on the basis of obesity in regard to employment and occupation. Obesity alone is not a disability but can constitute a disability where it is accompanied by a limitation resulting from long term physical, mental or psychological impairments which in interaction with various barriers may hinder the full and effective participation of the individual in professional life on an equal basis with other workers (official headnote).In December 2014, the Court of Justice of the European Union (CJEU) issued a preliminary ruling addressing, firstly, whether obesity is a protected ground of non–discrimination, and, secondly, whether obesity can amount to a disability. This piece begins with an introduction to the topic of obesity, followed by the facts of the case, the CJEU's judgment and a comment on the decision.


Toxins ◽  
2021 ◽  
Vol 13 (6) ◽  
pp. 368
Author(s):  
Pasquale Gallo ◽  
Samantha Imbimbo ◽  
Silvana Alvino ◽  
Vincenzo Castellano ◽  
Olga Arace ◽  
...  

This study reports the results of aflatoxins B/G monitoring in food of vegetal origin, imported in Southern Italy from extra-European Union countries. From 2017 to 2020, we analyzed 1675 samples using an accredited HPLC method with fluorescence detection. We found out 295 samples (17.6%) were contaminated by aflatoxin B1, 204 by aflatoxins B/G (12.2%), while 75 (4.5%) resulted non-compliant to maximum limits set by the European Union law. Most of the batches tested were unprocessed food; the distribution of contamination levels, incidence of non-compliant samples, inference for different kinds of food are reported. The study focuses on the food more susceptible to contamination by aflatoxins; nuts are the food more controlled, showing the higher number of non-compliant samples. Our study confirms that pistachio nuts, hazelnuts and almonds are the major sources of exposure for consumers. Still, other products, such as chili pepper and Brazil nuts, need to get more information about their contamination levels. The study’s findings are discussed in the perspective of the last opinion by EFSA about chronic exposure to aflatoxins. A case study to evaluate not compliance of a composed food to the European Union law is reported.


2018 ◽  
Vol 14 (24) ◽  
pp. 153
Author(s):  
Никола Жарковић

Резиме: Економска криза је избрисала прогрес европских привреда остварен у годинама прије кризе. Стабилан привредни раст и раст запослености који су карактерисали деценију прије кризе су нестали. У условима раста и економског просперитета, асиметрија Европске уније и еврозоне није стварала веће проблеме. Међутим, економска криза у Европској унији је имала израженији интензитет и дуже вријеме трајања у односу на САД и неједнак интензитет на поједине земље чланице Европске уније. Криза је открила фундаменталне слабости Европске уније. Европска унија се налази пред великим изазовом: како обезбиједити просперитетан развој у будућности? Европској унији је потребан већи степен политичке и фискалне интеграције, веће улагање у истраживање и развој ради развијања економије утемељене на знању и иновацијама, квалитетније образовање, већи степен запослености и заштите животне средине. Европска унија треба ријешити сопствене слабости и даљњим процесом интеграција обезбиједити нове изворе снаге.Summary: The economic crisis has wiped out the progress of European economies achieved in the years before the crisis. Steady economic growth and employment growth that characterized the decade before the crisis are gone. In terms of growth and economic prosperity, the asymmetry of the European Union and the euro zone did not cause major problems. However, the economic crisis in the European Union had a stronger intensity and longer duration compared to the US and the unequal intensity of the individual Member States of the European Union. The crisis has revealed fundamental weaknesses of the European Union. The European Union is facing a great challenge, to ensure prosperous development in the future? The EU needs a greater degree of political and fiscal integration, greater investment in research and development to develop economies based on knowledge and, innovation, quality education, higher level of employment and protection of the environment. The European Union should solve their own weaknesses and further the process of integration to provide new sources of power.


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