You are here

Self-regulation and co-regulation

EESC opinion: Self-regulation and co-regulation

Key points:

The EESC considers that:

  • self-regulation and co-regulation are mechanisms for regulating economic and social relations or commercial practices among the various economic stakeholders; they may be decided spontaneously or be imposed;
  • neither the EU treaties nor Member States' constitutions provide any such enabling basis;
  • the parameters for recognising these regulatory instruments must be quite clear, as must the principles governing them and their limits as an accessory regulatory instrument in the legal system concerned;
  • the Interinstitutional Agreement (IIA) is an important step in defining the scope of self-regulation and co-regulation at Community level;
  • the agreement could usefully be supplemented by a recommendation to the Member States encouraging them to adopt the same principles and precepts at national level. The EESC asks that the proposed revision be referred to it for an opinion.

Other related EESC documents:

Rapporteur´s expert for the opinion on self- and co-regulation: Professor Fabrizio Cafaggi

  • Recent publication by Professor Cafaggi: A Comparative Analysis of Transnational Private Regulation: Legitimacy, Quality, Effectiveness and Enforcement (12 June 2014). Available at SSRN: http://ssrn.com/abstract=2449223

For more information please contact the INT Section Secretariat

Downloads

Better Regulation - presentation 03.03.2015

Appendix I - List of related EESC opinions

Appendix II - Table on examples