Public-‐Private Hybrid Governance for Electronic Payments in the European Union

German Law Journal

Volumn 13, Issue 12, 2012, Pages 1438-1458

  Janczuk Gorywoda, Agnieszka ^a  

^a School for International and Public Affairs   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 85178015047     PISSN: None     EISSN: 20718322     Source Type: Journal    
DOI: 10.1017/S2071832200017934     Document Type: Conference Paper

References (45)

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17. 24 European Payments Council, EPC Roadmap 2004-2010, available at: http://www.europeanpaymentscouncil.eu/documents/Roadmap%20public%20version%204th%20April%20amended%20March%2008.pdf (last accessed: 1 December 2012).
18. 25 E.g. European Payments Council, SEPA Credit Transfer Scheme Rulebook, Version 6.0 Approved, Section 5.2 (Nov. 17, 2011), available at: http://www.europeanpaymentscouncil.eu/knowledge_bank_detail.cfm?documents_id=551 (last accessed: 1 December 2012).
19. 26 Directive 2007/64/EC of the European Parliament and of the Council of 13 November 2007 on Payment Services in the Internal Market Amending Directives 97/7/EC, 2002/65/EC, 2005/60/EC and 2006/48/EC and Repealing Directive 97/5/EC, 2007 OJ (L 319), at 1.
20. 31 Regulation (EC) No 924/2009 of the European Parliament and of the Council of 16 September 2009 on Cross-border Payments in the Community and Repealing Regulation (EC) No 2560/2001, 2009 OJ (L 266) at 11.
21. 32 Regulation (EU) No. 260/2012 of the European Parliament and of the Council of 14 March 2012, Establishing Technical and Business Requirements for Credit Transfers and Direct Debits in Euro and Amending Regulation (EC) No 924/2009, 2012 OJ (L 94) at 22.
22. 41 European Payments Council, Resolution: Reachability of all Scheme Participants in SEPA Credit Transfer and Direct Debit Schemes, (Nov. 1, 2006), available at: http://www.europeanpaymentscouncil.eu/documents/EPC146_06_RESOLUTION%20on%20Reachability.pdf (last accessed: 1 December 2012).
23. 49 Since 2003 the ECB publishes annual progress reports on SEPA, available at: http://www.ecb.int/paym/sepa/stakeholders/eurosystem/html/index.en.html#reports (last accessed: 1 December 2012)); among many communications and other documents of the Commission probably the most influential was the Consultative Paper on SEPA Incentives (Febr. 13, 2006).
24. 50 See European Central Bank, Governance, available at: http://www.ecb.int/paym/sepa/stakeholders/governance/html/index.en.html (last accessed: 1 December 2012).
25. 51 See the list of agendas and summaries from COGEPS meetings, European Central Bank, Contact group on euro payments strategy, available at: http://www.ecb.int/paym/groups/cogeps/html/index.en.html#meetings (last accessed: 1 December 2012).
26. 52 Agnieszka Janczuk-‐Gorywoda, Author’s personal interview with ECB officer (Brussels, Dec. 14, 2009), on file with the author.
27. 53 The European Single Market, Payments Committee, EUROPEAN COMMISSION, available at: http://ec.europa.eu/internal_market/payments/advisory_groups/pc_en.htm (last accessed: 1 December 2012).
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29. 55 The European Single Market, Commission’s role in SEPA, EUROPEAN COMMISSION, available at: http://ec.europa.eu/internal_market/payments/sepa/ec_en.htm (last accessed: 1 December 2012).
30. 57 See e.g. European Competition Network (ECN Subgroup Banking and Payments), Information Paper on Competition Enforcement in the Payments Sector, (March 2012), available at: http://ec.europa.eu/competition/sectors/financial_services/information_paper_payments_en.pdf (last accessed: 1 December 2012).
31. 58 The European Single Market, SEPA Council, EUROPEAN COMMISSION, available at: http://ec.europa.eu/internal_market/payments/sepa/council_en.htm (last accessed: 1 December 2012).
32. 61 On the understanding of private rule making from the perspective of legal pluralism, see Gunther Teubner, Global Bukowina: Legal Pluralism in the World Society, in GLOBAL LAW WITHOUT A STATE (Gunther Teubner ed., 1997).
33. 62 European Payments Council, supra note 25, at Sections 5.1 and 5.15; European Payments Council, supra note 30, Sections 5.1. and 5.16; European Payments Council, SEPA Business to Business Direct Debit Scheme Rulebook, Version 4.0 Approved, Sections 5.1. and 5.16 (2011), available at: http://www.europeanpaymentscouncil.eu/knowledge_bank_detail.cfm?documents_id=555 (last accessed: 1 December 2012).
34. 63 Cf. TIM BÜTHE & WALTER MATTLI, THE NEW GLOBAL RULERS: THE PRIVATIZATION OF REGULATION IN THE WORLD ECONOMY (2011);
35. Fabrizio Cafaggi & Katharina Pistor, Distributional Effects of Transnational Regulation, REG. & GOV’CE. (2012, forthcoming).
36. 64 Even the key member of the EPC, the European Saving Banks Group, despite the official position of the EPC to support end-‐date for SEPA migration, used a vague language in its response to the Commission’s consultation on SEPA migration end-‐date and refrained from supporting it; see CIRCA, Responses, available at: http://circa.europa.eu/Public/irc/markt/markt_consultations/library?l=/financial_services/sepa_migration_end-‐date&vm=detailed&sb=Title (last accessed: 1 December 2012).
37. ; Christian Joerges et. al., The Law’s Problems with the Involvement of Nongovernmental Actors in Europe’s Legislative Processes: The Case of Standardisation under the ‘New Approach’, 99/9 EUI WORKING PAPERS (1999)
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39. 68 Annex of the Council Directive 83/189/EEC of 28 March 1983 Laying Down a Procedure for the Provision of Information in the Field of Technical Standards and Regulations, 1983 OJ (L 109) at 8.
40. 70 See General Guidelines for the Cooperation between CEN, CENELEC and ETSI and the European Commission and the European Free Trade Association (March 28, 2003), 2003 OJ (C 91) at 4. It substituted the previous agreement of 1984. For details, see id. at 104-‐07, 242-‐46; Fabrizio Cafaggi & Agnieszka Janczuk, Private Regulation and Legal Integration: The European Example 12 BUS. AND POL. 10-‐12 (2010).
41. 72 See Angelina Topan, The Resignation of the Santer-Commission: The Impact of ‘Trust’ and ‘Reputation’ 6 EUROPEAN INTEGRATION ONLINE PAPERS (2002), available at: http://eiop.or.at/eiop/texte/2002-‐014a.htm (last accessed: 1 December 2012)
42. ; Beate Kohler-‐Koch & Berthold Rittberger, ‘The Governance Turn’ in European Studies, 44 J. OF COMM. MKT. STUD. 27 (2006); David Bailey, Governance or the Crisis of Governmentality? Applying Critical State Theory at the European Level, 13 J. OF EUR’N PUB. POL’Y 16, 27 (2006).
43. 74 E.g. COM (2002) 278 final (June 5, 2002); COM (2002) 275 final (June 5, 2002) and in particular, Interinstitutional Agreement on Better Law-‐making between European Parliament, the Council of the European Union and the Commission of the European Communities, 2003 OJ (C 321) at 1. For the list of key documents, see European Commission, Key Documents, available at: http://ec.europa.eu/governance/better_regulation/key_docs_en.htm (last accessed: 1 December 2012).
44. 75 See e.g. Michelle Everson, Control of Executive Acts: The Procedural Solution. ‘Proportionality, State of the Art Decision-Making and Relevant Interests’, in THE EU CONSTITUTION - THE BEST WAY FORWARD? 181 (Deidre Curtin et. al. eds., 2005).
45. 80 Michelle Everson, A Technology of Expertise: EU Financial Services Agencies 3-‐4 LSE ‘Europe in Question’ Discussion Paper No. 49/2012, available at: http://www2.lse.ac.uk/europeanInstitute/LEQS/LEQSPaper49.pdf (last accessed: 1 December 2012).