European Economic
and Social Committee
Conference of Notaries in the European Union (CNUE)
Summary of the initiative
Name
Conference of Notaries in the European Union (CNUE)
Website(s)
Objective(s)
To guarantee the European consumer the same protection in national and cross-border notarial activities.
Description of the Initiative
Sector
Sector
Contact Point - Commission
GROW E1
Self/Co-Regulation Basic Act
Self/Co-Regulation Basic Act
PRIVATE ACT
Year
1995
Title of Act
European Code of Notarial Professional Ethics
Geographical Coverage
Description
Description
Problems that lead to the introduction of Self/Co-Regulation and the adoption of the Founding Act
The Single Market has generated a constant increase in commerce and transactions, accompanied by a general rise in legal operations containing a foreign element. In the light of this diversification of legal activities and the increasing frequency with which their work involves documents containing a foreign element, European notary practices have adopted a "set of common rules" with a view to guaranteeing consumers assistance and advice in cross-border operations.
Target Group(s)
Notaries.
Type of Instrument(s)
Code of Conduct.
Type of Financing
CNUE is a non-profitmaking professional body and the code of conduct is self-financed.
Type of Monitoring
| Conduct an initial survey of compliance capacity of future regulatees | Conduct regular visits and spot checks | Initiate complaints procedures | Maintain database of those bounded by the norms | Produce regular reports | Receive complaints and verify if norms were breached or not | Reflexive dialogue with the - stakeholders | Other | |
|---|---|---|---|---|---|---|---|---|
| European Commission | ||||||||
| National public authority | ||||||||
| International public authority | ||||||||
| Private regulator (code owner) | ||||||||
| Private independent party with a mandate (e.g. auditors) | ||||||||
| Self-appointed private parties (e.g. NGOs) |
Succinct description of the type of Monitoring
-
Type of Enforcement
| Faming, shaming and blaming | Judicial sanctions | Membership suspension/exclusion | Private fines | Other | |
|---|---|---|---|---|---|
| Private Regulator | |||||
| Private independent party with a mandate (e.g. auditors) | |||||
| Court system | |||||
| Alternative dispute resolution (ADR) / Online dispute resolution (ODR) |
Succinct description of the type of Enforcement
-
Results of Commission Monitoring
Link / Reference of Evaluation
-
Downloads
SMO self- and co-regulation database - private code 61