European Economic
and Social Committee
Commission Directive 2003/125/EC of 22 December 2003 implementing Directive 2003/6/EC of the European Parliament and of the Council as regards the fair presentation of investment recommendations and the disclosure of conflicts of interest
Summary of the initiative
Description of the Initiative
Sector
Sector
Self/Co-Regulation Basic Act
Self/Co-Regulation Basic Act
Geographical Coverage
Description
Description
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 | yes | yes | ||||||
National public authority | yes | yes | ||||||
International public authority | ||||||||
Private regulator (code owner) | ||||||||
Private independent party with a mandate (e.g. auditors) | ||||||||
Self-appointed private parties (e.g. NGOs) |
Faming, shaming and blaming | Judicial sanctions | Membership suspension/exclusion | Private fines | Other | |
---|---|---|---|---|---|
Private Regulator | yes | ||||
Private independent party with a mandate (e.g. auditors) | |||||
Court system | yes | ||||
Alternative dispute resolution (ADR) / Online dispute resolution (ODR) |