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Regulation formulation in the European Union: a case of the life insurance industry

By K.E. Howell

Abstract

This paper provides an illustration of the difficulties in harmonising\ud European Member State legislation and explores the intricacies and\ud practicalities of successful decision-making in the European Union [EU].\ud In the aftermath of the Single European Act [SEA], the beginnings of the\ud Single European Market [SEM] and the initiation of monetary union it\ud has become evident that financial service sectors need to involve themselves\ud in the creation of the EU. Through a study of the discussions that\ud revolved around the creation of the Third Life Assurance Directive this\ud paper investigates the extent of sector involvement in EU decision-making\ud and in doing so, analyses the utilisation of interest groups and\ud supranationality in the process of European regulation formulation

Topics: ffe, com
Publisher: Bournemouth University School of Finance and Law
Year: 1998
OAI identifier: oai:eprints.bournemouth.ac.uk:3066

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