SELF-REGULATION. Assumes primary responsibility for maintaining competence and fitness to practice. CLINICAL PRACTICE:
SELF-REGULATION. A number of instances were identified of a self-regulated approach to regulating particular professions. Self-regulation must of course be compatible with prevailing national and European laws, notably competition rules. 48 Loi 96-603 modifiant la loi n° 73-1193 du 27 décembre 1973 d'orientation du commerce et de l'artisanat 49 Article 9 of the Small Business Act sets out the conditions for obtaining a business license and Article 10 sets out the rules for how the different business entities may obtain this license. Under a self-regulated approach, professional associations and trade bodies play an important role in encouraging the development of professional standards and codes of conduct and guidance on ethical practices. An example of a self-regulated profession that did not have any reserve of activities associated with it was an architect in Finland. According to the Finnish Association of Architects (SAFA), the market for architectural services is unregulated, and there is no regulation of the profession through qualifications. There is only a voluntary register (maintained by a professional association, the Qualification of Professionals in Building, HVAC and Real Estate Sector in Finland (FISE). While participation in the register has become more popular among architects in recent years because it is viewed as a mark of high service quality, many smaller companies and entrepreneurs in rural areas do not belong to the association. In the Netherlands, a good example was identified of a profession that has been deregulated, real estate agent, but where professional associations have stepped in and set up voluntary certification scheme as part of self-regulation. Changes in national legislation in 2001 mean that the title of real estate agent (‘makelaar’) is no longer protected. However, in order to promote high quality standards, the three main professional federations: NVM (Dutch Federation of Real Estate Agents), VBO (Association of Real Estate Agents) and VastgoedPro formulated their own voluntary admission requirements. In order to become a fully accredited member of these professional associations, real estate agents must sign up to a certification scheme. This is linked to specific educational and qualification requirements and also requires adherence to a code of conduct. This voluntary mechanism has replaced legislation regulating the profession as the primary means of structuring the market.
SELF-REGULATION. All those signed up to this user agreement will have a responsibility to assist with the self regulation of it. Each User Group will be allocated an individual number by the Chairman. Each instructor entering the Xxxx will be required to wear a high-visibility yellow vest with their User Group number prominently displayed on the vest in black. Groups not observing these guidelines should be challenged in a firm, but friendly way, to adhere to the agreement. If it becomes clear that they have not signed up to the agreement it would be helpful to encourage them to approach the Institute OL to enable a follow up letter to be sent to them. The Chairman of the Church Xxxx User Group should monitor compliance with this requirement and if they are unable to establish compliance, this should be brought to the attention of the Land Owners. Maintaining the Site Groups using the site will ensure the area is litter free. To protect the flora of the gorge follow the Ghyll Scrambling Code:
SELF-REGULATION. Lex Mercatoria At the core of self-regulation lies the value that parties are free to pursue their goals and make their own choices without the need for government inter- vention. In other words, there is an element of laissez nous faire (‘let us do it’) when market participants enter into a private contractual relationship.64 Such a system was discussed in the Wealth of Nations by Xxxx Xxxxx in 1776, who uses the “invisible hand” metaphor to describe individuals’ self-interested pursuit of wealth against the backdrop of minimal state intervention.65 How- ever, as noted by 21st Century commentators, such a system does not come without limits on economic liberties, which are those imposed by the govern- ment to prevent systemic risk and mitigate market failures, particularly negat- ive externalities.66 In today’s financial marketplace, there are indeed strong parallels with private sector rules and laissez nous faire via self-regulatory customs and practices. Self-regulation originated in the medieval period and, in many jurisdictions around the world, effective self-regulation existed before statutory regulation. A pertinent example is the Lex Mercatoria, where a form of com- Law of International Trade, its Growth, Formulation and Operation” (1964) in C Schmitthoff (ed) The Sources of the Law of International Trade 3 at 33. The Lex Mercatoria (self-regulation) will be discussed in this chapter further below, see section 3.2 “Self-Regulation: Lex Mercato- ria”. 61 This is particularly true in relation to the EMIR, which heavily interacts with the ISDA Credit Support Annex, as discussed below. See also, X Xxxxxxx, “Financial collateral arrange- ments in the European Union: current state and the way forward” (2017) 22 Unif. L. Rev. 258 at 260. See also, X Xxxxxxxxxxx, “Xxx Xxxxxxxxxx, The ISDA Master Agreement, and Ius Cogens” (2015) in X Xxxxxxxxx, X Xxxxxxx and X Xxxxxxxxxxx (eds), Contract Govern- ance: Dimensions in Law and Interdisciplinary Research (2015) 407 at 408-409. 62 ‘Self-regulation’ and ‘master agreements’ will be explored further below. See also, X Xxxxxxxxx and P xx Xxxxx-Xxxxxxxxxxx, European Banking and Financial Law (2020) 235. 63 Public law will be the focus of section 4 below. 64 J S Mill, Principles of Political Economy (1848). 65 A Xxxxx, An Inquiry into the Nature and Causes of the Wealth of Nations (1776) 12-15, 400-401 and 436-437. 66 X Xxxxxxx, “Liberal and Illiberal Libertarianism” (2018) in X Xxxxxxx, X xxx xxx Xxxxxx and X Xxxxx...
SELF-REGULATION. The Purchaser shall ensure that its dealings in and usage of BETU and the Platform do not violate any provisions of any laws, orders or regulations in any of the applicable jurisdictions. Without prejudice to the generality of the foregoing, the Purchaser shall further ensure that its dealings in and usage of BETU and the Platform will not be in breach of any applicable laws and regulations.
SELF-REGULATION. The contractor shall refer incidents of inconsiderate use to any relevant self‐ regulating body to take appropriate action and copy the Committee on any action.
