Explaining Variations in Implementation of EU Directives

Capital-Market Effects of Securities Regulation: The Role of Implementation and Enforcement

This paper examines capital market effects of changes in securities regulation. We focus on two key capital market directives in the European Union (EU) that tighten market abuse and transparency regulation and enforcement. All EU member states are required to adopt these two directives but their exact implementation into national law and the design of enforcement regimes differ across member s...

Governance, Knowledge and Sustainability: the Implementation of EU Directives on Air Quality in Southampton

Corruption and Environmental Policies: What Are the Implications for the Enlarged EU?

The paper discusses the prescription of EU environmental regulations for new member states. It has been argued that these countries should be allowed looser directives as a way to take into consideration their lower income levels and correspondingly different priorities. The paper estimates the determinants of environmental policies’ stringency. We find that corruption levels are the most impor...

Financial Monitoring in the Bank as a Market Instrument in the Conditions of Innovative Development and Digitalization of Economy: Management and Legal Aspects of the Risk-Based Approach

The article examines foreign and domestic experience in organizing financial monitoring systems, systematizes the requirements for its implementation in Ukraine. The basic legal norms, enshrined in the joint directives of the European Parliament and of the Council of the EU, and underlying the national financial monitoring systems of the EU countries and Ukraine have been also analyzed. Taking ...

Implications of the new EU legislation on chemicals for Poisons Centres

In the last 5 years, the legislation on chemicals was rigorously updated in the European Union (EU). The CLP (Classifi cation, Labelling and Packaging of substances and mixtures) Regulation 1 and REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals) Regulation 2 completely renew the rules on (risk) management of substances and mixtures. They will gradually replace a large...