Co-regulation of economic activity
DOI:
https://doi.org/10.31617/zt.knute.2020(110)05Keywords:
co-regulation of economic activity, economic activity, self-regulation, economic entities, public authorities.Abstract
Background. Co-regulation requires adequate legislative support in Ukraine as a component of good governance in accordance with the provisions of the Association Agreement between the European Union and the European Atomic Energy Community and their member states, of the one part, and Ukraine, of the other part, and in the direction of harmonization with EU law.
Analysis of recent research and publications. The theoretical aspects of co-regulation of economic activity in view of the European integration trend are not well understood. The aim is to define the concept of co-regulation of economic activity.
Materials and methods. The research used general scientific and special methods of knowledge of legal phenomena and processes, among them: dialectical, systematic approach, formal-logical, generalization, comparative law, synergistic. Information base of the research - Association Agreement between the European Union and the European Atomic Energy Community and their member states, of the one part, and Ukraine, of the other part, the legislation of Ukraine, the EU Directive, the work of domestic and foreign scientists.
Results. The analysis of the content of regulations on co-regulation of economic activity indicates the fragmentation of ensuring the participation of SROs in regulating the industry. In most cases, such involvement only concerns the development of draft regulatory acts. An exception is the regulation of audit activity, which provides for the creation of a Public Audit Oversight Body. It is advisable to amend the Economic Code of Ukraine and to define co-regulation along with self-regulatory issues. Therefore, it is necessary to supplement Chapter 2-1 with the specified legal act «Basic principles of self-regulation and co-regulation in the sphere of economic activity. Self-regulatory organizations».
Conclusion. Co-regulation is an alternative or additional to the state regulation, definition and implementation of common and mutually agreed rules and means by public authorities, economic entities, self-regulatory organizations and consumers of goods and services for the purpose of streamlining economic activity in a particular field, industry, type (s). business and supervision and control. Co-regulation of economic activity should take a proper place in accordance with the role in the socio-economic life of the state. The development of civil society is a positive factor for its development. It is important to carry out analytical studies on the implementation of regulatory and organizational co-regulation in relevant areas, industries, types (types) of economic activity by establishing Co-regulatory Evaluation Criteria, which include: awareness of all stakeholders and understanding of the need; trust; the degree of preparedness of state bodies of local self-government, economic entities; benefits and risks; dispute settlement mechanism, etc.
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