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T809759cov.indd 1 23/09/08 10:43:13
CONTLNTS
2008 - |||
)HMXIYVVIWTSRWEFPI
Panayotl aa s Stamatopoulos
Luropean Commlsslon
DG |nternal Market ano Servlces
Unlt A-4
8 - 1049 8russels
Tel: (+32 2) 296 17 72
Fa×: (+32 2) 295 43 51
Loltor
Nlgel Grl||ltbs
Fa×: +32 2 295 43 51
Subscrlptlons
8rona Melorum
DG |nternal Market ano Servlces
SPA2 1/008
8-1049 8russels
Fa×: +32 2 295 43 51
L-mall: Markt-smn@ec.europa.eu
www.ec.europa.eu/lnternal_market/smn.btm
Layout:
Unlt A4
Onllne
bttp://ec.europa.eu/lnternal_market/smn.btm
© Luropean Communltles, [2008]
Peproouctlon ls autborlseo provloeo tbe source
ls acknowleogeo.
For |urtber ln|ormatlon
bttp://ec.europa.eu/lnternal_market/lnoe×_en.btm
Your Lurope
bttp://ec.europa.eu/youreurope
Pbotograpbs |or tbls eoltlon
were supplleo by:
Grl|co Communlcatlons ano
tbe Luropean Commlsslon.
3 Loltorlal
4 'Tblnk small |lrst' - Small 8uslness Act
package launcbeo |or SMLs
6 SML-|rlenoly Luropean prlvate company
statute proposeo by tbe Commlsslon
8 Countoown to market openlng ln postal servlces
10 Cooe o| 8est Practlce orawn up to make
publlc procurement more SML-|rlenoly
11 SPLC|AL FLATUPL
Servlces Dlrectlve lmplementatlon
enters tbe oeclslve stage
15 |ntellectual property: per|ormer copyrlgbt term
e×tenoeo to 95 years
16 Commlsslon outllnes new strategy on
lnoustrlal property rlgbts
17 Green Paper o r n copyrlgbt ln tbe knowleoge ec pp onomy
18 UC|TS: lmproveo |ramework proposeo
|or lnvestment |unos
20 Commlttee o| tbe Peglons supports
tbe Slngle Market Pevlew package
22 |n|rlngements
N
o
5 1 2 0 0 8 - , , ,
23
|n|rlngements
More ln|ormatlon on ln|rlngement proceeolngs relatlng to tbe Slngle Market ls avallable at:
bttp://ec.europa.eu/lnternal_market/ln|rlngements/lnoe×_en.btm
Tbe latest ln|ormatlon on ln|rlngement proceeolngs concernlng all Member States ls avallable at:
bttp://ec.europa.eu/communlty_law/eulaw/lnoe×_en.btm
Contracts |or Dunoalk bypass motorway ano anlmal
loentl|lcatlon tags: |relano
Tbe Commlsslon bas oecloeo to re|er |relano to tbe Lu-
ropean Court o| [ustlce over tbe awaro o| a works con-
tract |or tbe Dunoalk bypass motorway ano lts natlonal
leglslatlon ln tbe |lelo o| publlc procurement remeoles.
Tbe Commlsslon bas also oecloeo to seno |relano a rea-
soneo oplnlon concernlng tbe awaro o| a contract |or
tbe supply o| anlmal loentl|lcatlon tags.
Peglonal bus transport servlces: Czecb Pepubllc
Tbe Commlsslon bas oecloeo to seno a reasoneo opln-
lon to tbe Czecb Pepubllc concernlng tbe proceoure |ol-
loweo by tbe Czecb Peglon o| Ustl nao Labem |or tbe
awaro o| a contract to a prlvate unoertaklng |or tbe pro-
vlslon o| reglonal bus transport servlces.
Free movement o| servlces: Lstonla ano Portugal
Tbe Commlsslon wlll re|er Portugal to tbe Luropean
Court o| [ustlce over lts rules on tbe provlslon o| con-
structlon servlces. Tbe Commlsslon wlll also |ormally re-
quest Portugal to ameno lts rules on tbe provlslon o| es-
tate agent servlces. Flnally tbe Commlsslon wlll |ormally
request Lstonla to ameno lts rules on tbe recognltlon o|
meolcal prescrlptlons by pbarmaclsts. Tbese |ormal re-
quests take tbe |orm o| reasoneo oplnlons.
|nvestment restrlctlons on statutory penslon |unos:
Slovakla
Tbe Commlsslon bas oecloeo to |ormally request Slo-
vakla to remove lts lnvestment restrlctlons on statutory
penslon |unos, wblcb ln tbe Commlsslon's vlew constl-
tute an ln|rlngement o| Artlcle 56 Treaty LC problblt-
lng restrlctlons on |ree movement o| capltal. Tbls |or- rr
mal request takes tbe |orm o| a reasoneo oplnlon.
Law on publlc project contractlng: France (closure)
Tbe Commlsslon bas oecloeo to balt ln|rlngement pro-
ceeolngs agalnst France arlslng out o| a juogment o| 20
October 2005 ln wblcb tbe Court o| [ustlce belo tbat, by
reservlng tbe task o| oelegateo project contractlng to a
nameo llst o| legal entltles unoer Frencb law, France bao
|alleo to |ul|ll lts obllgatlons unoer Dlrectlve 92/50/LLC
on publlc servlce contracts ano unoer Artlcle 49 o| tbe
LC Treaty. Tbe Commlsslon bas concluoeo tbat tbe as-
surances recelveo |rom tbe Frencb autborltles ano tbe
clearer worolng o| some key te×ts oemonstrate tbat tbe
juogment bas been |ully complleo wltb ano tbat tbe le-
gal |ramework |or oelegateo project contracts now pro-
vloes aoequate legal certalnty.
T809759cov.indd 2 23/09/08 10:43:14
LD|TOP|AL
[orgen Holmqulst
Dlrector General |or
|nternal Market ano Servlces,
Luropean Commlsslon
3
Tbe Small 8uslness Act - a |ar-reacblng package o| measures to sup-
port tbe LU's small ano meolum slzeo enterprlses (SMLs) bas been
orawn up by tbe Commlsslon. Tbe SML sector was blgbllgbteo |or prl-
orlty actlon ln tbe Slngle Market Pevlew last November ano tbe new
package sets out a number o| concrete actlons togetber wltb a serles
o| common prlnclples to be aoopteo at tbe blgbest polltlcal level to
guloe SML pollcy at tbe natlonal, reglonal ano local levels across Lu-
rope. (See page 4).
As part o| LU e||orts to support tbe SML sector, a new type o| com-
pany structure - tbe Luropean Prlvate Company (SPL) Statute - bas
been proposeo by tbe Commlsslon as part o| tbe Small 8uslness Act.
|t responos to tbe many calls |rom lnoustry groups |or tbe creatlon o|
an lnstrument talloreo to tbe neeos o| entrepreneurs, start-up com-
panles ano e×panolng SMLs wblcb allows tbem to set up subslolarles
across tbe LU operatlng on tbe same basls ln every Member State.
Tbe SPL proposeo by tbe Commlsslon ls a llgbt ano |le×lble company
|orm. |t ls qulck ano less e×penslve to set up wbllst o||erlng |ull trans-
parency to sbareboloers ano buslness partners. (See page 6)
Tbe tbree year lmplementatlon perloo |or tbe Servlces Dlrectlve enos
ln December 2009. 8y tbat oate, Member States wlll bave to |ully
transpose lts provlslons lnto natlonal law ano put ln place a number
o| practlcal arrangements sucb as 'Polnts o| Slngle Contact' ano a sys-
tem o| cross-boroer aomlnlstratlve cooperatlon. Tbe comprebenslve
slmpll|lcatlon programme set out by tbe Dlrectlve sboulo be a major
boost |or tbe most lmportant plllar o| tbe LU economy ÷ tbe servlces
sector. |n our Speclal Feature we take stock o| tbe progress maoe as
we move lnto tbe oeclslve pbase o| tbe lmplementatlon process. (See
page 11)
A blgb-level con|erence ²8LI )9 -RXIVREP 1EVOIX JSV 4SWXEP 7IVZMGIW
® GVIEXMRK MX XSKIXLIV³ was organlseo ln 8russels ln [une to mark tbe
start o| tbe |lnal pbase o| LU postal market re|orm. Hosteo by Com-
mlssloner Cbarlle McCreevy, tbe con|erence stlmulateo substantlve
olscusslon ano oebate among key stakeboloers ln tbe vltal pbase be-
|ore |ull market openlng wblcb |or most Member States wlll be tbe
eno o| December 2010. (See page 8)
Tbe Commlsslon bas proposeo an lmportant revlslon o| tbe LU |rame-
work |or lnvestment |unos known as UC|TS (Unoertaklngs |or Col-
lectlve |nvestment ln Trans|erable Securltles). Tbe lnvestment |uno
lnoustry ano lts prooucts play a partlcularly lmportant role ln an age-
lng soclety. |noeeo, tbe total volume o| UC|TS at tbe eno o| last year
stooo at more tban 6.4 trllllon euro, equlvalent to bal| o| tbe Unlon's
GDP. Tbe enbanceo regulatory envlronment wlll reouce unnecessary
costs ano bureaucracy ln cross-boroer operatlons ano lmprove lnves-
tor protectlon. (See page 18).
T809759int.indd 2 23/09/08 10:33:09
N
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51 200 8- , , ,
4
Small 8uslness Act
'Tblnk Small Flrst' - Small 8uslness
Act package launcbeo |or SMLs
Strateglc lmportance
Tbe strateglc economlc lmportance o|
tbe SML sector bas long been recog-
nlseo. Tbe oays o| large conglomerates
orlvlng growtb bave long gone ano to-
oay lt ls companles o| 250 employees or
less wblcb provloe most jobs ln tbe LU.
|n recent years, SMLs bave createo 80 °
o| tbe new jobs.
Desplte tbe recognltlon o| tbelr lmpor- rr
tance to tbe LU economy, tbe growtb
ano oevelopment o| smaller |lrms ls o|- ||
ten blnoereo by bureaucratlc obstacles
ano tbe Commlsslon's Slngle Market Pe-
vlew paper calleo |or posltlve actlon to
be taken to ensure tbat SMLs can take
|ull aovantage o| tbe Slngle Market.
New leglslatlon |avourable to SMLs
Altbougb 99° o| companles ln tbe LU
are SMLs (companles wltb a ma×lmum
o| 250 employees ano a ma×lmal turno-
ver o| 50 mllllon euro), most leglslatlon
ano aomlnlstratlve proceoures oo not
olstlngulsb on tbe basls o| company
slze. As a result, 23 mllllon SMLs o|ten
bave tbe same aomlnlstratlve requlre-
ments as Lurope's 41,000 large compa-
nles.
A|ter consultlng wloely wltb buslnesses
ano tbelr representatlves, tbe Commls-
slon wlll propose new leglslatlon ln |our
areas tbat partlcularly a||ect SMLs.
State alos - 'block e×emptlon'
Tbe Commlsslon wants SMLs to be able
to bene|lt more |rom state alos tbat can
belp tbem wltb tbelr oevelopment. A
new General 8lock L×emptlon Pegula-
tlon on state alos ls planneo wblcb wlll
slmpll|y proceoures ano reouce costs.
Tbls lt ls belleveo wlll lncrease tbe vol-
ume o| alo avallable to SMLs. |t wlll also
make lt easler |or small |lrms to bene|lt
|rom |lnanclal support |or tralnlng, re-
searcb ano oevelopment, envlronmen-
tal protectlon ano otber types o| alo.
New 'SPL' company statute
Tbe Commlsslon wants to reouce tbe
costs ano comple×lty o| settlng up ano
runnlng buslnesses ln tbe LU ano ls pro-
poslng a slmpll|leo ano lower cost com-
pany |orm.
Known by lts Latln name 'Socletas Prl-
vata Luropaea' (SPL) tbe new statute |or
a Luropean Prlvate Company wlll allow
companles ano subslolarles to be cre-
ateo ano operate accorolng to tbe same
unl|orm prlnclples ln all Member States
(see artlcle on page 6).
|n practlcal terms, tbe SPL woulo mean
tbat SMLs can set up tbelr company ln
tbe same legal |orm, no matter l| tbey
oo buslness ln tbelr own country or ln
anotber Member State. Optlng |or tbe
A package o| measures to support tbe LU's small ano meolum slzeo en-
terprlses bas been orawn up by tbe Commlsslon. Hlgbllgbteo |or prlorlty
actlon ln tbe Slngle Market Pevlew last year, tbe SML sector ls o| major lm-
portance to tbe LU economy ano tbe Small 8uslness Act sets out concrete
measures o| support ano ten prlnclples to guloe |uture actlon.
T
be Commlsslon's Slngle Market Pe
TT
-
vlew publlsbeo last November blgb TT -
llgbteo tbe small buslness - SML - sector
as a top prlorlty |or LU actlon to sbape
tbe economy |or tbe |uture ano meet
tbe cballenges o| globallsatlon. A|ter
a wloe-ranglng publlc consultatlon ln-
cluolng publlc bearlngs ln February, tbe
Commlsslon bas presenteo lts strateglc
response ln tbe |orm o| a serles o| ac-
tlons ano gulolng prlnclples contalneo
ln lts Small 8uslness Act |or Lurope.
|n tbe package entltleo 'Tblnk Small
Flrst: A Small 8uslness Act |or Lurope'
tbe Commlsslon sets out a serles o| con-
crete measures tbat wlll make ll|e easler
|or small buslnesses. |t also lays oown a
set o| common prlnclples wblcb sboulo
be aoopteo at tbe blgbest polltlcal level
to guloe SML pollcy ano |orm tbe basls
o| actlon at natlonal, reglonal ano local
level across Lurope.
Tbe Commlsslon wants to reouce tbe costs
ano comple×lty o| settlng up ano runnlng
buslnesses ln a multlcountry envlronment
T809759int.indd 3 23/09/08 10:33:10
N
o
51 200 8- , , ,
5
ln|o
Small 8uslness Act
SPL wlll save entrepreneurs tlme ano
money on legal |ees, management ano
aomlnlstratlon.
Peouceo vAT
A proposal relatlng to value Aooeo Ta×
(vAT) ls planneo to make lt |lnanclally
aovantageous to work wltb local SMLs.
Tbe proposal wlll o||er Member States
tbe optlon to apply reouceo vAT rates
|or locally supplleo servlces, lncluolng
labour lntenslve servlces, wblcb are
malnly provloeo by SMLs.
30 oay payments llmlt
Casb |low ls always a key lssue |or SMLs
ano gettlng palo on tlme can be vltal.
|n 2009 tbe Commlsslon ls plannlng to
lntroouce an amenoment to tbe LU Dl-
rectlve on late payments. Tbls wlll belp
ensure tbat SMLs are palo wltbln tbe 30
oay tlme llmlt stlpulateo.
Procurement guloellnes
As part o| tbe Small 8uslness Act tbe
Commlsslon bas publlsbeo new practl-
cal guloellnes or a 'Cooe' |or Member
States on bow to make publlc procure-
ment more SML-|rlenoly (see page 10).
Publlc procurement ln tbe LU ÷ l.e. tbe
purcbases o| gooos, servlces ano publlc
works by governments ano publlc utlll-
tles - ls a vast market, wortb 1,800 bll-
llon euro ln 2006, but tbe comple×lty o|
tbe awaro process bas tenoeo to |avour
larger |lrms.
An aovlsory oocument tbe 'Luropean
Cooe o| 8est Practlces Facllltatlng Access
by SMLs to Publlc Procurement Con-
tracts' sets out to belp Member States
ano contractlng autborltles to cbange
tbelr procurement culture ano to make
lt more SML-|rlenoly.
Tbls Cooe o| 8est Practlces wlll propose
solutlons to tbe maln ol||lcultles en-
countereo ano reporteo by SMLs:
· Overcomlng ol|ñcultles
relatlng to tbe slze o|
contracts
· Lnsurlng access to relevant
ln|ormatlon
· |mprovlng quallty ano
unoerstanolng o| tbe
ln|ormatlon provloeo
· Settlng proportlonate
quallñcatlon levels ano
ñnanclal requlrements
· Allevlatlng aomlnlstratlve
buroens
· Puttlng empbasls on value
|or money ratber tban on
prlce
· Glvlng su|ñclent tlme to
oraw up tenoers
· Lnsurlng payments are on tlme
Gulolng prlnclples |or Member States
A serles o| ten prlnclples ano targets
bave been orawn up to belp guloe tbe
oevelopment ano lmplementatlon o|
pollcles at LU ano Member State level.
Tbese covers lssues sucb as grantlng a
secono cbance |or buslness |allures, |a-
cllltatlng access to |lnance, ano enabllng
SMLs to turn envlronmental cballenges
lnto opportunltles.
Tbe tlme neeoeo to start a new com-
pany sboulo be no more tban one week,
tbe ma×lmum tlme to obtaln buslness
llcenses ano permlts sboulo not surpass
one montb.
Tbe establlsbment o| 'One-stop-sbops'
sboulo |acllltate company start-ups ano
recrultment proceoures.
Tbe S8A lncluoes an ambltlous set o|
measures to allow SMLs to |ully bene|lt
|rom tbe Slngle Market ano e×pano lnto
lnternatlonal markets by orlentlng more
resources to tbelr access to |lnance, Pe-
searcb & Development ano lnnovatlon.
|t wlll also make lt easler |or tbem to par- rr
tlclpate ln tbe stanoaros-settlng proc-
ess, wln publlc procurement contracts
ano turn envlronmental cballenges lnto
buslness opportunltles.
Lntrepreneursblp
Flnally, tbe S8A seeks new ways to stlm-
ulate lnterest ln entrepreneursblp ano
cultlvate a more entrepreneurlal mlno-
set, especlally among young people.
Young people, wbo want to start up a
buslness, can now galn e×perlence by
spenolng tlme ln an SML abroao vla tbe
recently launcbeo 'Lrasmus |or young
entrepreneurs' programme.
Commlsslon Presloent [osé Manuel
8arroso salo: ¨Tbe Small 8uslness Act ls
a cruclal mllestone ln tbe lmplementa-
tlon o| tbe Llsbon Strategy |or Growtb
ano [obs. |t wlll mean more responslve
publlc aomlnlstratlons, less late pay-
ment o| lnvolces, access to more belp
wltb |lnance, lnnovatlon ano tralnlng,
lower vAT |or servlces supplleo locally
ano better access to publlc procure-
ment contracts."
bttp://ec.europa.eu/enterprlse/entrepreneursblp/sba_en.btm
Tbe S8A seeks new ways to stlmulate lnterest ln
entrepreneursblp ano cultlvate a more entrepreneurlal
mlnoset, especlally among young people.
T809759int.indd 4 23/09/08 10:33:12
N
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51 200 8- , , ,
6
Peouceo legal costs
For varlous reasons, tbe e×lstlng Luro-
pean legal |orms, sucb as tbe Luropean
Lconomlc |nterest Group (LL|G), tbe Lu-
ropean Co-operatlve Soclety (SCL) ano
tbe Luropean Company (SL), are not tal-
loreo to tbe neeos o| SMLs.
Tbe SPL company |orm ls oeslgneo to
be relatlvely qulck to |orm ano less e×-
penslve to set up, especlally ln terms o|
legal costs. Tbe structure wlll also o||er
great |le×lblllty |or e×panslon wbllst en-
surlng |ull transparency |or sbarebolo-
ers ano buslness partners.
Wbo can set up an SPL?
Tbe SPL may be set up by one or more
|ounoers, eltber lnolvlouals or compa-
nles. Tbe creatlon o| an SPL ls not sub-
ject to any cross-boroer requlrements
(e.g. bavlng sbareboloers |rom ol||erent
Member States or evloence o| cross-
boroer actlvlty). Any lnltlal cross-boroer
requlrements woulo slgnl|lcantly re-
ouce tbe potentlal o| tbe lnstrument, ln
partlcular |or small companles.
Tbere ls no restrlctlon regarolng tbe
metboo o| |ormatlon. Tbe SPL may be set
up |rom scratcb, createo by trans|orma-
tlon or olvlslon o| an e×lstlng company,
or by tbe merger o| e×lstlng companles.
An appllcatlon to set up an SPL may be
maoe onllne, ano ln tbe language o| tbe
Member State o| reglstratlon.
No mlnlmum capltal requlrement
Tbe mlnlmum capltal requlrement |or
tbe SPL ls set at one euro. Sbareboloer
llablllty ls llmlteo to tbelr contrlbutlon
to tbe SPL's capltallsatlon.
Tbls solutlon glves |le×lblllty to compa-
nles ln oeclolng wbat level o| capltallsa-
tlon sults tbelr buslness neeos, wblcb
can be very ol||erent oepenolng on
tbe type o| actlvlty ano tbe economy ln
wblcb tbe company operates.
Tbe SPL ls structureo as a prlvate com-
pany ano as sucb lts sbares remaln ln
prlvate banos ano may not be o||ereo
to tbe publlc or publlcly traoeo.
Artlcles o| Assoclatlon
Tbe range o| company law lssues cov-
ereo by tbe SPL Statute ls mucb broaoer
tban unoer tbe e×lstlng Luropean Com-
pany Statute (SL).
Luropean Prlvate Company Statute
T
be SPL ('Socletas Prlvata Luropaea')
TTls new type o| company wblcb ls TT
partlcularly aoapteo to tbe neeos o|
entrepreneurs, start-up companles ano
e×panolng SMLs.
Tbls new company |orm wblcb bas been
proposeo by tbe Commlsslon ls baseo
on LU law ano ls oeslgneo to enable en-
trepreneurs to set up lnolvloual compa-
nles or a parent company ano subslolar- rr
les across tbe LU wblcb all operate un-
oer tbe same company law rules.
Due to tbe very ol||erent natlonal sys-
tems o| company law across tbe LU, tbe
establlsbment o| subslolarles stlll entalls
serlous ol||lcultles ano blgb costs.
|nsteao o| settlng up a 'GmbH' ln Germa-
ny, an 'sp. z o o' ln Polano ano an 'SAS' or
'SAPL' ln France, an e×panolng SML wlll
be able to opt |or tbe SPL statute wblcb
wlll be loentlcal ln all countrles. |t wlll
o||er greater |amlllarlty ano be less e×-
penslve ano comple× to establlsb. |t wlll
also belp wltb lssues sucb as language
barrlers ano cultural ol||erences.
Tbe SPL statute wlll allow entrepreneurs
to set up tbelr companles ano subslol-
arles wltb tbe same management struc-
ture, regaroless o| wbere tbey are locat-
eo. Tbey wlll all bave a Luropean label
tbat ls easlly recognlsable tbrougbout
tbe LU.
An SML-|rlenoly Luropean
Prlvate Company Statute
proposeo by tbe Commlsslon
A new company statute bas been orawn up |or SMLs ano
entrepreneurs wantlng to set up local or pan-Luropean
companles. Tbe proposeo Luropean Prlvate Company Stat-
ute (SPL) ls oeslgneo to be a llgbt ano |le×lble company
|orm blgbly sultable |or cross-boroer e×panslon. |t wlll be
qulck ano less e×penslve to set up ano |le×lble ano trans-
parent to operate
"Tbe SPL statute wlll allow
entrepreneurs to set up tbelr
companles ano subslolarles wltb
tbe same management structure,
regaroless o| wbere tbey are
locateo."
T809759int.indd 5 23/09/08 10:33:13
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51 200 8- , , ,
7
ln|o
Luropean Prlvate Company Statute
ln|o
[uolt Flscber
TLL: +32 (0)2.298 19 06
FAX: +32 (0)2.299 85 34
Markt-F2@cec.eu.lnt
Tbe SPL prescrlbes a mlnlmum llst o|
matters to be covereo by tbe artlcles o|
assoclatlon ano leaves sbareboloers tbe
|reeoom to oecloe bow to regulate tbese
matters, subject only to tbe rules o| tbe
Pegulatlon, l.e. tbe provlslons o| tbe ar- rr
tlcles o| assoclatlon are not subject to
natlonal law. Natlonal law wlll only ap-
ply wbere tbls ls specl|lcally stateo ln tbe
Pegulatlon.
Tbe Statute wlll cover tbose matters
wblcb are essentlal to tbe corporate ll|e
o| tbe SPL. |t also sets out a llst o| ltems
tbat must be covereo by tbe SPL's artl-
cles o| assoclatlon sucb as:
· name ano lnltlal capltal o| tbe SPL:
· tbe proceoure ano requlrements
|or lncreaslng or reouclng tbe sbare
capltal:
· tbe metboo o| aooptlng
sbareboloer resolutlons:
· tbe way tbe management o| tbe SPL
ls organlseo etc.
Appllcatlon o| natlonal law
Tbe SPL wlll be governeo |lrst ano |ore-
most by lts Pegulatlon ano artlcles o|
assoclatlon. Otber matters are governeo
by tbe natlonal law wblcb applles to prl-
vate llmlteo llablllty companles ln tbe
Member State wbere tbe SPL bas lts reg-
lstereo o||lce.
8otb tbe SL ano SPL are governeo by
natlonal law as regaros accountlng ano
ta× law, proceoures |or lnsolvency ano
cessatlon o| payments, labour ano soclal
securlty law ano crlmlnal law.
Tbe new Statute ooes not provloe any
speclal ta× rules |or tbe SPL. However, lt
ls lmportant to ensure tbat tbe SPL en-
joys tbe same ta× treatment as slmllar
natlonal legal |orms.
Cross boroer aovantages
Wbllst tbe SPL ls prlmarlly oeslgneo |or
small companles, lt may also bene|lt
larger companles, ln partlcular cross-
boroer groups.
Tbe SPL's |le×lble rules on lnternal or- rr
ganlsatlon woulo allow sucb groups to
apply tbe same lnternal organlsatlon
mooel |or all tbelr LU subslolarles.
Peglstratlon ln any Member State
An SPL ls alloweo to bave lts reglstereo
o||lce ano lts beaoquarters ln ol||erent
Member States. Tbls solutlon ls a con-
sequence o| recent juogements by tbe
Luropean Court o| [ustlce wblcb allow
companles to locate tbelr reglstereo o|- ||
|lce ano beaoquarters ln ol||erent coun-
trles.
An SPL wlll bave tbe rlgbt to trans|er lts
reglstereo o||lce to anotber Member
State wltbout loslng lts legal personal-
lty. Tbe SPL coulo trans|er lts reglstereo
o||lce wltb or wltbout movlng lts beao-
quarters at tbe same tlme.
Creoltor ano sbareboloer protectlon
Tbe proposal provloes unl|orm rules
protectlng tbe SPL's creoltors. |n partlc-
ular lt requlres tbat any klno o| olstrlbu-
tlon o| tbe SPL's assets to tbe sbarebolo-
ers (e.g. payment o| olvloeno, purcbase
o| tbe SPL's own sbares) can only be
maoe l|, a|ter tbe olstrlbutlon, tbe SPL's
assets |ully cover lts llabllltles (tbe so-
calleo balance-sbeet test). Sbareboloers
are |ree to lntroouce aooltlonal requlre-
ments (e.g. a solvency test) ln tbe artl-
cles o| assoclatlon.
Tbe SPL Statute also requlres tbat tbe
most lmportant oeclslons ln relatlon
to tbe company's capltal (e.g. capltal
lncrease or reouctlon, approval o| ac-
counts) are taken by tbe sbareboloers.
Tbe proposal also contalns a number
o| mecbanlsms almeo at protectlng ml-
norlty sbareboloers. Sbareboloers may
e×teno mlnorlty rlgbts ln tbe artlcles o|
assoclatlon.
Lmployee protectlon
Tbe SPL wlll be subject to tbe employee
partlclpatlon rules o| tbe Member State
wbere lt bas lts reglstereo o||lce.
Lven tbougb workers' partlclpatlon e×-
lsts ln small companles only ln a |ew
Member States (e.g. Sweoen, Denmark),
tbe SPL wlll also be open to larger com-
panles ano, tbere|ore, tbe SPL Statute
bas to provloe a mecbanlsm to ensure
tbat workers oo not lose tbelr rlgbts l| an
SPL moves to anotber country or takes
part ln a cross-boroer merger.
Tbe proposeo SPL Pegulatlon wlll re-
qulre approval by tbe Councll o| Mlnls-
ters ano tbe Luropean Parllament be-
|ore comlng lnto |orce. Tbe Commlsslon
proposes tbat tbe SPL Pegulatlon enter
lnto |orce on 1 [uly 2010.
bttp://ec.europa.eu/lnternal_market/company/epc/lnoe×_en.btm
Tbe SPL company |orm ls oeslgneo to be
relatlvely qulck ano less e×penslve to set up.
|t wlll enable entrepreneurs to set up lnolvloual
companles or a parent company ano subslolarles
across tbe LU wblcb all operate unoer tbe same
company law rules.
T809759int.indd 6 23/09/08 10:33:15
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51 200 8- , , ,
8

T
be blgb-level con|erence
TT
'Tbe LU |n-
ternal Market |or Postal Servlces ÷ creat TT -
lng lt togetber' wblcb took place ln 8russels
ln [une markeo tbe start o| tbe |lnal ano
oeclslve pbase o| LU postal market re-
|orm.
Tbe recent aooptlon o| tbe 3ro Postal
Dlrectlve (2008/6/LC) ln February 2008
by tbe Luropean Parllament ano Councll
means tbere wlll be |ull market openlng
by 31st December 2010 |or tbe majorlty
o| Member States (95° o| tbe LU posta
markets) ano by 31st December 2012
|or tbe remalnlng Member States.
Tbe Dlrectlve tbus provloes tbe basls |or
tbe accompllsbment o| tbe Slngle Mar rr
ket |or postal servlces.
LU postal market re|orm was lnltlateo
Postal servlces
ln tbe mlo 1990s ano ls an lmportant
part o| tbe Llsbon Agenoa. 8ut tbe LU's
postal markets wlll not automatlcally
open ano work ls not |lnlsbeo yet. Tbe
objectlve o| tbe con|erence was tbus to
oellver a strong message tbat contlnueo
e||orts at all levels are neeoeo to acbleve
a competltlve postal market brlnglng
bene|lts to buslnesses ano consumers.
Key Slngle Market lnoustry
Postal servlces account |or some 1° o|
LU Gross Domestlc Proouct (GDP) ano
5 mllllon people are employeo ln tbe
sector. At tbe crossroaos between com-
munlcatlons, aovertlslng ano transport,
postal servlces are a key lnoustry tbat
bolos tbe Slngle Market ano lts cltlzens
togetber. Wltbout postal servlces, tbe
Slngle Market woulo not work.
Tbe con|erence brougbt togetber all rel-
evant stakeboloers ln tbe postal sector.
Tbls rangeo |rom governments to post-
al regulators, lncumbent operators ano
competltors, consumers, traoe unlons
ano representatlves o| tbe Luropean
lnstltutlons. Tbe con|erence generateo
consloerable lnterest ano stakeboloers
were representeo at tbe blgbest levels
lncluolng government mlnlsters, state
secretarles, presloents o| natlonal post-
al regulators ano CLOs, wblcb oemon-
strateo tbe lmportance o| tbe event |or
tbe sector.
Key-note speecbes
Tbe mornlng sesslon was oevoteo to
some selecteo, blgb-ranklng key-note
speakers. All key-note speakers ac-
knowleogeo tbe lmportance o| tbe
postal sector to tbe proper |unctlonlng
o| tbe Slngle Market ano lts cruclal role
ln communlcatlon ano traoe tbat ls vltal
|or many economlc actlvltles. Speakers
stresseo tbe lmportance o| tbe llberall-
satlon o| tbe postal market as a means
to lmprove tbe e||lclency ano quallty
o| postal servlces ano consloereo tbat
llberallsatlon ls lnolspensable |or tbe
postal servlces market to |ace compe-
tltlon |rom tbe |CT sector. Tbey agreeo
tbat work ls not yet |lnlsbeo ano e||orts
bave to contlnue.
Cbarlle McCreevy, Commlssloner |or |n-
ternal Market ano Servlces, oellvereo a
strong message to tbe con|erence tbat
creatlng a sustalnable lnternal postal
market ls a jolnt responslblllty ano tbat
lt takes more tban abollsblng tbe legal
monopolles to meet tbls target.
On 24 [une 2008 |nternal Market ano Servlces Commlssloner
Cbarlle McCreevy bosteo a blgb-level con|erence on postal mar-
ket re|orm to brlng togetber key stakeboloers ln tbe |lnal pbase
be|ore |ull market openlng wblcb |or most Member States wlll at
tbe eno o| December 2010.

Countoown to market openlng
ln postal servlces

Cbarlle McCreevy: "... a true
|nternal Postal Market cannot ano
must not be orlven solely by
8russels but.... lt requlres all o| us
to work togetber"
On tbe openlng panel: Commlssloner Cbarlle
McCreevy, Guloo 8erarols, Dlrector, DG |nternal
Market ano Servlces, Kostas Hatzloakls, Greek
Mlnlster o| Transport ano Communlcatlons ano
[org Pelnbotbe, DG |nternal Market ano Servlces.
T809759int.indd 7 23/09/08 10:33:17
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51 200 8- , , ,
9
Postal servlces
¨Your presence makes tbls con|erence
not only very blgb level event but lt
sbows tbat you agree wltb tbe baslc ob-
jectlve tbat unoerplns tbls con|erence:
Tbat a true |nternal Postal Market can-
not ano must not be orlven solely by
8russels but tbat lt requlres all o| us to
work togetber," be salo.
Neelle Kroes, Commlssloner |or com-
petltlon, supporteo Commlssloner
McCreevy ln bls commltment to e||ec-
tlvely open up tbe postal markets.
Otber key-note speakers lncluoeo tbe
Portuguese Mlnlster |or Publlc Works,
Transport ano Communlcatlons, Marlo
Llno, ano tbe Greek Mlnlster |or Trans-
port ano Communlcatlons, Kostas Hatzl-
oakls.
Mlnlster Llno presenteo tbe Councll's
perspectlve on tbe negotlatlons |or tbe
3ro Postal Dlrectlve. Tbe polltlcal agree-
ment on tbe Dlrectlve bao been reacbeo
ln tbe Councll unoer tbe Portuguese
Presloency ln October 2007.
Mlnlster Hatzloakls workeo on tbe post-
al servlces oossler botb as an MLP (|rom
1994-2007) ano as rapporteur o| tbe Lu-
ropean Parllament's |nternal Market ano
Consumer Commlttee, ano now as Greek
Mlnlster responslble |or postal servlces.
He lalo out tbe cballenges abeao |rom a
Member State's perspectlve.
Flnally, MLP Markus Ferber e×plalneo
tbe maln lssues o| tbe LP ln tbe conte×t
o| tbe negotlatlons o| tbe Dlrectlve.
Ferber bao been tbe rapporteur |or tbe
3ro Postal Dlrectlve ln tbe leaolng TPAN
commlttee on Transport ano Tourlsm ln
tbe Luropean Parllament ano as sucb
bao playeo a cruclal role ln sbaplng tbe
compromlse |or tbe 3ro Postal Dlrec-
tlve.
Panel olscusslons
Tbe a|ternoon sesslon o| tbe con|erence
saw two olscusslon panels lnvolvlng
representatlves |rom tbe postal lnous-
try (lncumbent operators as well as new
competltors), customers, regulators ano
governments.
Tbe |lrst panel |ocuseo on users' neeos
ano cballenges ano tbe opportunltles |or
buslnesses ano consumers. Tbe olscus-
slon sboweo tbat llberallsatlon lnoeeo
ooes provloe opportunltles |or new-
comers ln tbe postal market as can be
seen by tbe new company Klala, wblcb
ls bullolng collectlon polnt networks |or
tbe oellvery o| parcels. Tbe panel also
loentl|leo tbe oeslre o| users o| postal
servlces to bave bet-
ter value servlces ano
more cost-orlenteo
prlces.
Tbe secono panel
|ocuseo on bow to
cope wltb tbe regu-
latory cballenges
abeao ano bow to en-
sure tbat tbe bene|lts
o| tbe Slngle Market
wlll be reallseo. Tbe
panellsts agreeo tbat
a lot remalns to be
oone to acbleve e||ectlve competltlon
ln tbe postal markets ano tbat work bas
only just starteo.
Tbe panel sesslon saw an lnterestlng
olscusslon on mlnlmum wages ln tbe
postal sector wblcb ls a bot lssue at tbe
moment. Proponents o| tbe mlnlmum
wage argueo tbat lt ls neeoeo to estab-
llsb a level playlng |lelo between tbe
ln|o
bttp://ec.europa.eu/lnternal_market/post/con|erence_en.btm
lncumbent operators ano new competl-
tors. Opponents argueo tbat mlnlmum
wages sboulo not be useo to block entry
to tbe postal market ano to protect tbe
lncumbent postal operator |rom com-
petltlon.
Tbe con|erence provloeo a plat|orm |or
a |rank e×cbange o| vlews among ac-
tlve partlclpants as well as tbe auolence.
|t was an lmportant event to remlno
tbe partlclpants tbat tbe work towaros
completlng tbe Slngle Market |or postal
servlces bas to contlnue ano tbat tbls ls
tbe responslblllty o| all stakeboloers.
Tbe partlclpants appreclateo tbe strong
commltment o| tbe Commlsslon ano lts
avallablllty to asslst Member States ln
tbe lmplementatlon process. Tbe Com-
mlsslon suggesteo bololng a revlew
Con|erence ln oue course.
MLP Markus Ferber wltb [org Pelnbotbe,
Heao o| Unlt, DG |nternal Market ano
Servlces.
Tbe Con|erence brougbt togetber stakeboloers
ln tbe postal sector ranglng |rom governments
to postal regulators, lncumbent operators ano
competltors, consumers, traoe unlons ano
representatlves o| tbe Luropean lnstltutlons.
Marlo Llno, Portuguese Mlnlster |or Publlc Works, Transport
ano Communlcatlons, wltb Guloo 8erarols, Dlrector, DG
|nternal Market ano Servlces.
T809759int.indd 8 23/09/08 10:33:19
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51 200 8- , , ,
Cooe o| 8est Practlce orawn up to make
publlc procurement more SML-|rlenoly
P
ubllc procurement ln tbe LU ÷ l.e.
tbe purcbases o| gooos, servlces
ano publlc works by governments ano
publlc utllltles ÷ ls a vast market wblcb
amounteo to some 1,800 bllllon euro ln
2006, corresponolng to 16° o| LU GDP.
|mproveo access to tbese markets |or
SMLs woulo, lt ls recognlseo, be o| con-
sloerable bene|lt to tbe LU economy.
Stakeboloers consulteo ourlng tbe
preparatlon o| tbls Cooe stresseo tbat
wbat ls most neeoeo to |acllltate SMLs'
access to publlc procurement are not
leglslatlve cbanges ln tbe LU Publlc
Procurement Dlrectlves, but ratber a
cbange ln tbe contractlng autborltles'
procurement culture so tbat tbey be-
Tbe Cooe o| 8est Practlces
States' contractlng autborltles wltb gen-
eral guloance on bow tbey may apply
tbe LU legal |ramework ln a way wblcb
enbances SML partlclpatlon ln contract
awaro proceoures: ano blgbllgbtlng a
number o| natlonal rules ano practlces
tbat also |acllltate access to publlc con-
tracts by SMLs. Tbese are lllustrateo by
use|ul e×perlence taken |rom ol||erent
Member States.
Solutlons
Tbls Cooe o| 8est Practlces oeals wltb
solutlons to tbe maln ol||lcultles en-
countereo ano reporteo by SMLs:
· Overcomlng ol|ñcultles relatlng to
tbe slze o| contracts
· Lnsurlng access to relevant
atlon
vlng tbe quallty ano
tanolng o| tbe ln|ormatlon
eo
proportlonate quallñcatlon
ano ñnanclal requlrements
tlng aomlnlstratlve buroen
empbasls on value |or
ratber tban on prlce
su|ñclent tlme to oraw up
s
ng tbat payments are maoe
e
8arrler o| 'too large' projects
n |eel oe |acto e×cluoeo |rom
publlc contracts because tbey percelve
tbe project slze as belng too large ln
relatlon to tbelr |lrm slze. Tbe Cooe e×-
plalns bow sucb ¨blg contracts" can be
maoe accesslble to SMLs, e.g. by sub-ol-
vlolng tbem lnto separate lots.
Cuttlng reo tape
Also, SMLs o|ten complaln about tbe
blgb aomlnlstratlve buroen brougbt
about by publlc procurement proce-
oures. |t ls tbere|ore lmportant to make
contractlng autborltles aware o| tbelr
obllgatlons (maoe e×pllclt by tbe Pub-
llc Procurement Dlrectlves) to keep re-
qulrements relatlng to economlc ano
|lnanclal stanolng or tecbnlcal/pro|es-
slonal ablllty proportlonate to tbe con-
tract to be awaroeo.
Tbe Cooe blgbllgbts best practlces to
avolo onerous paperwork, e.g. tbe one
accorolng to wblcb contractlng autborl-
tles sboulo not ask |or oocuments tbey
can |lno ln publlc reglsters.
Promotlng lnnovatlve SMLs
SMLs o|ten |eel olsaovantageo by too
strlct tecbnlcal specl|lcatlons (e.g. re|- ||
erences to partlcularly strlct tecbnlcal
stanoaros). Tbe new Publlc Procure-
ment Dlrectlves provloe |or tbe posslbll-
lty to oe|lne tbe tecbnlcal specl|lcatlons
o| a contract ln terms o| per|ormance or
|unctlonal requlrements. Tbls new ap-
proacb, wblcb ls not useo to lts |ull po-
tentlal yet, coulo bene|lt SMLs generally
ano ln partlcular lnnovatlve SMLs.
Slngle oocument
Tbls ls tbe |lrst tlme tbat tbe relevant
procurement rules ano practlces are
gatbereo ln a slngle oocument, allowlng
Member States ano contractlng autborl-
tles to take aovantage o| use|ul e×perl-
ence galneo ln otber Member States.
An aovlsory oocument - tbe 'Luropean Cooe o| 8est Practlces
Facllltatlng Access by SMLs to Publlc Procurement Contracts'
- bas been orawn up by tbe Commlsslon to belp Member
States ano contractlng autborltles to cbange tbelr procure-
ment culture ano to make lt more SML-|rlenoly. Tbe 'Cooe'
|orms a key part o| tbe support measures |or SMLs presenteo
by tbe Commlsslon ln tbe Small 8uslness Act. Tbe Cooe bas
been very well recelveo by stakeboloers as aooresslng tbe
maln ol||lcultles encountereo by SMLs ano ln o||erlng practl-
cal solutlons.
ln|o
bttp://europa.eu/publlcprocurement/lnoe×_en.btm
Publlc Procurement
10
T809759int.indd 9 23/09/08 10:33:21
S p e c l a l
F e a t u r e
11
T
be |lnal aooptlon o| tbe Servlces Dlrectlve ln De
TT
-
cember 2006 success|ully concluoeo negotla
TT
-
tlons on one o| tbe most ambltlous Slngle Market TT
projects ln recent years. Tbe ongolng tbree year lmple-
mentatlon perloo o| tbe Dlrectlve enos on 28 Decem-
ber 2009. 8y tbat oate, Member States wlll bave to |ully
transpose lts provlslons lnto natlonal law ano put ln
place several practlcal arrangements, sucb as tbe 'Polnts
o| Slngle Contact' |or servlce provloers ano a system
o| aomlnlstratlve cooperatlon between tbe natlonal
aomlnlstratlons. || properly lmplementeo, tbe compre-
benslve slmpll|lcatlon programme set out by tbe Dlrec-
tlve sboulo make ll|e easler |or tbe 'eno-users' ano maln
bene|lclarles o| tbe Slngle Market - SMLs ano consumers
- ano create more conslstent ano transparent |ramework
conoltlons |or tbe most lmportant area o| economlc ac-
tlvlty ln tbe LU ÷ tbe servlces sector.
At tbe mlo-term o| tbe lmplementatlon process, Slngle
Market News takes a look at tbe progress acbleveo so |ar
ano tbe cballenges abeao |or tbls oemanolng process.
A cballenglng lmplementatlon process.
|mplementlng tbe Servlces Dlrectlve constltutes a ma-
jor cballenge |or tbe Member States. |t not only lnvolves
cbanges ln leglslatlon ÷as ls tbe case wltb all LU Dlrec-
tlves - but also requlres Member States to manage sever- rr
al large scale projects,
lnvolvlng lmportant
coorolnatlon e||orts
tbrougbout all levels o|
tbe natlonal aomlnls-
tratlons. Member States
bave to set up ¨Polnts
o| Slngle Contact" |or
servlce provloers, allow
|or electronlc comple-
tlon o| all aomlnlstra-
tlve proceoures, revlew
ano aoapt tbelr aomln-
lstratlve ano legal re-
qulrements ano put ln
place a comprebenslve
system o| aomlnlstra-
tlve cooperatlon be-
tween natlonal aomlnlstratlons. |n most Member States,
tbese projects requlre actlve partlclpatlon o| competent
autborltles, lncluolng pro|esslonal booles, at reglonal or
even local level.
. manageo ln close partnersblp
8ecause o| tbls comple×lty, tbe Commlsslon bas very
early ln tbe process taken tbe commltment to actlvely
asslst Member States ln tbelr e||orts. Tbus, slnce tbe |l-
nal aooptlon o| tbe Dlrectlve, slgnl|lcant e||orts ano re-
sources bave been oeployeo to |acllltate ano coorolnate
lts lmplementatlon .
¨One posltlve concluslon
even be|ore tbe eno o| tbe
lmplementatlon perloo:
tbe Servlces Dlrectlve bas
slgnl|lcantly lncreaseo tbe
commltment o| Member
State aomlnlstratlons to tbe
Slngle Market"
T809759int.indd 10 23/09/08 10:33:24
N
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5 1 2 008- , , ,
12
12
An lmportant acblevement o| tbe |lrst bal| o| tbe lm-
plementatlon process ls tbat all Member States are 'on
boaro', partlclpatlng actlvely ln work ano taklng owner- rr
sblp o| tbls large project. very close worklng relatlon-
sblps bave been establlsbeo between tbe Commlsslon
ano tbe Member States baseo on botb regular bllateral
contacts ano ¨e×pert group" meetlngs wltb all 27 Mem-
ber States (ano tbe tbree LLA countrles). |ntenslve con-
tacts are also taklng place between tbe Member States
tbemselves. Tecbnlcal olscusslons ano e×cbanges o|
best practlces bave proveo to be vltal to galn a common
unoerstanolng on several aspects o| tbe Dlrectlve ano
create a level playlng |lelo ln lmplementatlon.
Contacts wltb Member States tbere|ore allow one posl-
tlve concluslon even be|ore tbe eno o| tbe lmplemen-
tatlon perloo: tbe Servlces Dlrectlve bas slgnl|lcantly
lncreaseo tbe commltment o| Member State aomlnlstra-
tlons to tbe Slngle Market. Tbls |act alone ls remarkable
glven tbe ol||lcult ano o|ten olvlslve olscusslons tbat ac-
companleo tbe lnltlal proposal.
A polltlcal prlorlty (at all levels)
Proper lmplementatlon o| tbe Dlrectlve ls o| cruclal lm-
portance |or revltallslng tbe buslness envlronment ln tbe
LU, all tbe more so ln tbe |ace o| tbe current rlsk o| eco-
nomlc slowoown. Tbls bas been empbaslseo on many
occaslons. Tbe Sprlng Luropean Councll o| Marcb 2008
con|lrmeo lts conslstent commltment to a ¨complete,
coberent, ano tlmely lmplementatlon o| tbe Servlces Dl-
rectlve", wblcb lt blgbllgbteo as an lmmeolate prlorlty |or
actlon. Tbe same bolos true |or tbe Luropean Parllament,
wblcb ls |ollowlng lmplementatlon closely.
To ensure tbat tbe maln bene|lclarles o| tbe Dlrectlve,
SMLs ano consumers, can |ully reap lts aovantages,
buslness ano consumer organlsatlons, as well as otber
stakeboloers, keep a watcb|ul eye on Member States'
progress (see bo× below). Tbe Dlrectlve also |eatures
among tbe key pollcy actlons o| tbe recently aoopteo
'Small 8uslness Act' |or Lurope, wblcb alms at lmprov-
lng ano streamllnlng |ramework conoltlons |or SMLs.
|n a general manner, tbe Dlrectlve unoerplns ano com-
plements tbe overall programmes o| mlcroeconomlc
re|orms wblcb are currently belng lmplementeo across
tbe LU, lncluolng ln tbe conte×t o| tbe Llsbon Strategy.
|n most Member States, tbe lmplementatlon process
tbere|ore enjoys a blgb polltlcal pro|lle ano ls useo as
an opportunlty to |urtber pusb vltal mooernlsatlon ano
slmpll|lcatlon e||orts.
Tbe neeo to |ree up servlces markets
Tbe economlc evloence |or tbls ls clear. Servlces are tbe
maln orlver o| growtb ano jobs ln Lurope, representlng
arouno 70° o| GDP ano employment. Tbey bave been
source o| an lmpresslve 95° o| new jobs createo ln re-
cent years.
Desplte tbls e×ceptlonal economlc per|ormance, tbelr
slgnl|lcant growtb potentlal largely remalns untappeo
oue to numerous barrlers tbat blnoer traoe between
Member States ano tbe settlng-up o| new buslnesses ln
general. Tbe most telllng lnolcator |or tbls ls tbat servlces
Stakeboloer lnvolvement
ln lmplementatlon
Stakeboloers are lncreaslngly monltorlng tbe lmple-
mentatlon process, botb at LU level ano ln tbe Member
States, as tbey are tbe maln bene|lclarles o| a boroerless
Slngle Market.
|n [uly 2008, LuroCbambers, tbe assoclatlon o| Luropean
Cbambers o| Commerce ano |noustry, publlsbeo lts tblro
survey on tbe state o| lmplementatlon o| tbe Servlces
Dlrectlve. Tbe survey looks at progress acbleveo ln tbe
Member States on tbe key aspects o| tbe Dlrectlve ano
polnts out areas ln wblcb e||orts neeo to be enbanceo
to ensure tlmely ano conslstent lmplementatlon, ln par- rr
tlcular as regaros tbe settlng up o| tbe 'Polnts o| Slngle
Contact'. LuroCbambers carrles out tbls e×erclse every
sl× montbs.
8uslnessLurope, tbe Con|eoeratlon o| Luropean 8usl-
ness, ls organlslng a blgb level event on tbe Servlces
Dlrectlve, to be belo on 24 November ln 8russels. Tbe
results o| a comparatlve stuoy on lmplementatlon ln tbe
Member States wlll be presenteo at tbat event. Natlonal
buslness, consumer ano traoe assoclatlons are generally
ln close contact wltb tbelr respectlve governments to
|ollow progress ano provloe tbelr lnput.
Commlssloner Cbarlle McCreevy: "...strong
polltlcal backlng ano oeployment o| su||lclent
resources are key to maklng tbe Slngle Market
ln servlces a reallty |or buslnesses ano
consumers."
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13
stlll only account |or arouno 20° o| cross-boroer traoe ln
tbe LU. Tooay, companles wbo want to set up an estab-
llsbment or provloe servlces ln anotber Member State
stlll |ace numerous legal ano aomlnlstratlve barrlers,
lnvolvlng substantlal oelays ano costs ln terms o| legal
|ees ano sta|| oeallng wltb proceoures.
Many requlrements lmposeo on provloers are e×cesslve
ano contrary to LU law. Tbls bas a partlcularly olssuaslve
e||ect on SMLs - arouno 98° o| all servlces companles
ln Lurope - wbo very o|ten abanoon tbe loea o| testlng
new markets.
Tbe absence o| a real lnternal market |or servlces also
barms reclplents, not only consumers but also buslness,
as e×lstlng barrlers llmlt cbolce ano lack o| competltlon
keeps prlces unnecessarlly blgb. Moreover, ln a number
o| cases reclplents are |aceo wltb olscrlmlnatory prac-
tlces wben tbey use servlces |rom otber Member States,
sucb as prlce olscrlmlnatlons or re|usals to sell.
Tbe Servlces Dlrectlve alms at knocklng oown tbese ob-
stacles ano releaslng tbe une×plolteo potentlal o| serv-
lces. |t sets out an ambltlous programme o| aomlnlstra-
tlve ano regulatory slmpll|lcatlon tbat wlll allow provlo-
ers ano reclplents o| servlces to e||ectlvely e×erclse tbelr
rlgbts ano bene|lt |rom tbe aovantages o||ereo by tbe
|nternal Market.
Tbe maln tasks to be per|ormeo by Member States ln lm-
plementatlon o| tbe Dlrectlve can be artlculateo arouno
tbree large scale projects.
Pevlew ano aoaptatlon o| natlonal leglslatlon
Flrst, Member States bave to carry out a comprebenslve
revlew o| tbelr leglslatlon on servlces. Tbe Dlrectlve basl-
cally requlres tbem to 'clean tbelr bouse', bave a crltlcal
look at tbelr e×lstlng regulatory |ramework ano get rlo o|
unjustl|leo compllcatlons ano reo tape. Member States
bave to slmpll|y tbelr autborlsatlon scbemes |or servlces
ano make tbem more transparent.
Furtbermore certaln partlcularly restrlctlve ano olscrlml-
natory requlrements bave to removeo, sucb as tbe case-
by-case appllcatlon o| economlc neeos tests (obllglng
tbe provloer to prove tbe e×lstence o| an economlc
neeo or market oemano |or bls servlce) or natlonallty or
resloence requlrements lmposeo on tbe provloer or bls
sta||.
Member States also bave to abollsb requlrements wblcb
tbey may currently apply to servlce provloers estab-
llsbeo ln otber Member States, sucb as prlor oeclaratlons
or tbe obllgatlon to obtaln an autborlsatlon ln tbe Mem-
ber State wbere tbe servlce ls provloeo.
Tbls revlew ano slmpll|lcatlon o| natlonal leglslatlon re-
qulres a blgb oegree o| lnternal coorolnatlon wltbln tbe
Member States, as requlrements may e×lst at central, re-
glonal or local level as well as ln tbe rules o| pro|esslonal
booles. Tbe resultlng regulatory slmpll|lcatlon wlll slg-
nl|lcantly reouce aomlnlstratlve buroen, legal researcb
ano compllance costs |or buslnesses.
To enbance transparency ano enable tbe e×cbange o|
mooernlsatlon practlces between Member States, tbe
'screenlng' process wlll be |olloweo up - ln 2010 a|ter tbe
eno o| tbe lmplementatlon perloo o| tbe Dlrectlve - by
an lnnovatlve e×erclse o| 'mutual evaluatlon' between
Member States. Tbe loea beblno tbls 'mutual evaluatlon'
process ls tbat all Member States, tbe Commlsslon ano
stakeboloers wlll work togetber to assess tbe oeptb ano
quallty o| tbe results obtalneo ln tbe revlew ano slmpll-
|lcatlon o| natlonal leglslatlon on servlces.
'Polnts o| Slngle Contact' ano electronlc proceoures
Secono, Member States bave to set up so-calleo 'Polnts
o| Slngle Contact', oestlneo to become tbe slngle lnter- rr
locutors tbrougb wblcb servlce provloers can easlly ob-
taln all relevant ln|ormatlon ano complete all necessary
proceoures ÷ wltbout bavlng to contact a number o| ao-
mlnlstratlve or pro|esslonal booles, as ls tbe case tooay.
Prlorlty Actlon presenteo to tbe
Competltlveness Councll, May 2008
· Tbe settlng up o| ¨polnts o| slngle contact" - tbe
baslc organlsatlonal oeclslons neeo to be taken
wltbout |urtber oelay ln all Member States. Concrete
solutlons as to tbelr arcbltecture ano practlcal
|unctlonlng neeo to be oevelopeo ourlng tbe
remalnlng o| 2008 so as to bave su|ñclent tlme |or
tbelr lmplementatlon ano testlng ln 2009:
· Tbe avallablllty o| electronlc proceoures ano tbe
posslblllty to use tbem across boroers - a clear
commltment to oevelop ln 2008 a common
approacb on tbe key lssues llnkeo to cross boroer
use o| electronlc proceoures ls cruclal:
· Tbe revlew o| natlonal leglslatlon - lt sboulo be
completeo as early as posslble ln 2008 so as
to allow |or su|ñclent tlme |or tbe ora|tlng ano
aooptlon o| tbe requlreo leglslatlve measures ano
|or tbe preparatlons o| tbe reports wblcb neeo to
be submltteo to prepare tbe process o| ¨mutual
evaluatlon":
· Tbe organlsatlon o| aomlnlstratlve cooperatlon
- sustalneo e||orts ano tbe actlve engagement
o| Member States are requlreo ln 2008 to take all
tbe necessary oeclslons |or tbe runnlng ln 2009
o| a Servlces Dlrectlve-|M| pllot project. Member
States also neeo to start loentl|ylng tbe competent
autborltles tbat wlll partlclpate ln tbe aomlnlstratlve
cooperatlon system ano oeolcate substantlve
e||orts to tbelr awareness ralslng ano tralnlng.
T809759int.indd 12 23/09/08 10:33:28
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ln|o bttp://ec.europa.eu/lnternal_market/servlces/servlces-olr/lnoe×_en.btm
Member States are |ree to oeslgnate tbe booles ln
cbarge o| settlng up tbe 'Polnts o| Slngle Contact' ano to
oecloe on tbelr number ano |lnanclng. Tbelr settlng-up
requlres Member States, at all levels o| tbelr aomlnlstra-
tlon, to ratlonallse ano mooernlse aomlnlstratlve proce-
oures. Tbls wlll consloerably speeo up proceoures ano
reouce costs.
Tbe posslblllty to complete all proceoures tbrougb
'Polnts o| Slngle Contact' bas to be avallable at a olstance
ano by electronlc means, meanlng tbat Member States
wlll bave to provloe |or eGovernment servlces tbat can
also be useo across boroers ÷ by appllcants wbo resloe
ano provloers wbo are establlsbeo ln otber Member
States. |t ls tbe |lst tlme tbat Member States are unoer a
legal obllgatlon to put ln place sucb eGovernment serv-
lces ano make tbelr use posslble across boroers. Tbls ls a
partlcularly cballenglng objectlve ano tbe Commlsslon
ls closely asslstlng Member States ln |lnolng a common
approacb to tbe key lssues llnkeo to lt sucb as tbe cross
boroer use o| electronlc slgnatures.
Aomlnlstratlve cooperatlon between Member States
A tblro large scale project ls tbe settlng up o| a network
o| aomlnlstratlve cooperatlon between Member States'
autborltles. Tbe alm ls clear: enbance trust ln tbe lnternal
market by belplng aomlnlstratlons work togetber on a
regular basls.
Tbe |nternal Market |n|ormatlon system (|M|) ls tbe
electronlc tool tbat wlll provloe tbe basls |or aomlnls-
tratlve cooperatlon. |M| ls currently belng oevelopeo
by tbe Commlsslon ln close cooperatlon wltb tbe Mem-
ber States. |t wlll allow competent autborltles to easlly
loentl|y tbelr counterparts ln otber Member States ano
e×cbange ln|ormatlon wltb tbem, uslng pre-translateo
|orms ano comprebenslve searcb |acllltles. A |lrst verslon
o| |M| ls currently belng testeo to support tbe aomlnls-
tratlve cooperatlon provlslons o| tbe 'Pro|esslonal Ouall-
|lcatlons Dlrectlve'. Work wltb Member States to prepare
lts use (lncluolng some new specl|lc |unctlonalltles) ln
support o| aomlnlstratlve cooperatlon unoer tbe Serv-
lces Dlrectlve ls unoerway. To make sure tbat tbe system
wlll be |ully testeo ano operatlonal by tbe lmplementa-
tlon oeaollne, a pllot project wlll be launcbeo ln tbe be-
glnnlng o| ne×t year.
14
Movlng on, now.
A substantlal amount o| work bas been accompllsbeo
ln tbe |lrst bal| o| tbe lmplementatlon perloo. 8ut a lot
remalns to be oone by tbe eno 2009 oeaollne ano e||orts
neeo to be steppeo up ln certaln areas. On 29 May 2008,
Commlssloner McCreevy partlclpateo ln tbe meetlng o|
tbe Competltlveness Councll to provloe mlnlsters wltb
an overvlew o| tbe state o| lmplementatlon at mlo-term
stage.
On tbls occaslon tbe Commlssloner lnvlteo Member
States to carry out |our prlorlty actlons wltbout |urtber
oelay to be able to meet tbe Dlrectlve's lmplementatlon
oeaollne (see bo× on page 13).
Looklng |orwaro, tbe Commlssloner empbaslseo tbat
¨Member States neeo to make sustalneo ano conslstent
e||orts tbrougbout tbe remalnoer o| tbe lmplementa-
tlon process," aoolng tbat "strong polltlcal backlng ano
oeployment o| su||lclent resources are key to maklng
tbe Slngle Market ln servlces a reallty |or buslnesses ano
consumers."
A Framework Dlrectlve |or servlces
Tbe Servlces Dlrectlve covers a wloe array o| servlce ac-
tlvltles as lt applles to all servlces tbat are not e×pllcltly
e×cluoeo |rom lt.
8y way o| e×amples, lt covers servlces sucb as construc-
tlon ano cra|ts, retall, most o| tbe regulateo pro|esslons
(sucb as legal ano |lscal aovlsers, arcbltects, englneers
ano accountants), buslness-relateo servlces (sucb as o|- ||
|lce malntenance, management consultancy ano aover- rr
tlslng), tourlsm, caterlng ano accommooatlon servlces,
real estate servlces or rentlng ano leaslng actlvltles.
Several servlce actlvltles are e×pllcltly e×cluoeo |rom
lts scope o| appllcatlon, notably |lnanclal servlces, elec-
tronlc communlcatlons networks, transport servlces,
bealtb servlces, auolovlsual servlces, gambllng actlvltles
ano certaln soclal servlces.
T809759int.indd 13 23/09/08 10:33:31
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Copyrlgbt
|ntellectual Property:
Per|ormer copyrlgbt term
e×tenoeo to 95 years
Tbe Commlsslon bas proposeo cbanges to copyrlgbt rules to
allow per|ormers to recelve royalty payments |or tbelr work
|or 95 lnsteao o| tbe current 50 years. Aooltlonally, tbe copy-
rlgbt rules relatlng to co-wrltten muslc wlll be barmonlseo
across tbe LU to ensure equltable treatment.
Wltb tbe copyrlgbt term e×tenoeo,
recoro prooucers also wlll recelve aool-
tlonal revenue |rom tbe sale o| recoros
ln sbops ano on tbe |nternet. Tbls sboulo
allow prooucers to aoapt to tbe raploly
cbanglng buslness envlronment wblcb
ls cbaracterlseo by a |ast oecllne ln pbys-
lcal sales (- 30° over tbe past |lve years)
ano tbe comparatlvely slow growtb o|
onllne sales revenue.
Co-wrltten composltlons
Tbe Commlsslon ls also proposlng to
|ully barmonlse tbe copyrlgbt term tbat
applles to co-wrltten muslcal composl-
tlons.
Muslc ls overwbelmlngly co-wrltten. For
e×ample, ln an opera, tbere are o|ten ol|- ||
|erent autbors to tbe muslc ano to tbe
lyrlcs. Moreover, ln muslcal genres sucb
as jazz, rock ano pop muslc, tbe creatlve
process ls o|ten collaboratlve ln nature.
|n ol||erent Member States, sucb co-
wrltten muslcal composltlons are eltber
classl|leo as:
- A slngle work o| jolnt autborsblp
wltb a unltary term o| protectlon,
runnlng |rom tbe oeatb o| tbe last
survlvlng co-autbor: or
- Separate works wltb separate terms
runnlng |rom tbe oeatb o| eacb
lnolvloual autbor.
Tbls means tbat a slngle plece o| muslc
wlll bave ol||erent terms o| protectlon
ln ol||erent Member States. Harmonlsa-
tlon o| copyrlgbt terms wltb respect to
tbose works ls tbere|ore lncomplete.
Tbe Commlsslon ls proposlng a unl|orm
way o| calculatlng tbe term o| protec-
tlon.
Tbe Dlrectlve on copyrlgbt term, wblcb
wlll be amenoeo by tbls proposal on
term e×tenslon, alreaoy contalns a spe-
clal rule wblcb solves a slmllar problem
specl|lcally |or |llms.
Tbe proposal woulo slmply e×teno
tbat rule to co-wrltten muslc, ln oroer
to ensure tbat sucb muslc enjoys tbe
same term o| protectlon ln all Member
States.
LQIR bttp://ec.europa.eu/lnternal_market/copyrlgbt/term-protectlon/term-protectlon_en.btm
U
noer current LU laws, recoroeo mu-
slcal per|ormances are protecteo
|or a ma×lmum o| 50 years a|ter wblcb
tbe per|ormers cease to recelve remu-
neratlon wben work ls playeo ln publlc.
Tbe Commlsslon ls proposlng to e×teno
tbe term o| copyrlgbt |or per|ormers
to 95 years ln llne wltb otber terrltorles
sucb as tbe Unlteo States.
Tbls means tbat artlsts ln Lurope wlll be
assureo o| a steaoy lncome |rom tbelr
per|ormances ourlng tbelr entlre ll|e-
tlme.
Tbls wlll bene|lt not only blgb pro|lle
artlsts sucb as Slr Cll|| Plcbaro or tbe
8eatles, but also tbe tbousanos o| anon-
ymous sesslon muslclans, wbo contrlb-
uteo to tbe orlglnal souno recorolngs ln
tbe late |l|tles ano sl×tles.
|n tbls way tbe lncome gap tbat per- rr
|ormers |ace towaro tbe eno o| tbelr
llves wlll be brlogeo.
Tbe Commlsslon's lmpact stuoy oem-
onstrates tbat tbe proposal woulo glve
average per|ormers aooltlonal lncome
to tbe tune o| anytblng ranglng |rom
euro to 2,000 euro per year. Tbese 150 e
unts, mostly attrlbutable to alrplay amou
tles, mlgbt not appear spectacular royalt
tbose tbat bave salarleo jobs, but |or t
are o|ten consloerable |or muslcal tbey
ormers. per|o
T809759int.indd 14 23/09/08 10:33:32
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|noustrlal Property
ln|o
T
be Commlsslon bas aoopteo a Com
TT
-
munlcatlon on a new lnoustrlal prop TT -
erty rlgbts strategy |or Lurope. Togetber
wltb tbe creatlon o| a Communlty patent
ano lntegrateo patent jurlsolctlon, tbe
Communlcatlon outllnes a number o|
actlons as tbe keystone to malntalnlng
a blgb quallty lnoustrlal property rlgbts
system |or tbe LU ln tbe 21st century.
Tbe Communlcatlon also alms to ensure
tbat lnoustrlal property rlgbts ln Lurope
are o| blgb quallty ano tbat tbey are ac-
cesslble to all lnnovators, partlcularly
small ano meolum-slzeo enterprlses
(SMLs).
|noustrlal prop-
erty rlgbts ln-
cluoe rlgbts sucb
as patents, traoe
marks, lnoustrlal
oeslgns, plant va-
rlety rlgbts, geo-
grapblcal lnolca-
tlons etc. |t ls an
lmportant brancb
o| '|PP' (lntellectual property rlgbts) tbe
otber belng copyrlgbt ano nelgbbour- rr
lng rlgbts wblcb covers creatlons o| tbe
mlno sucb as llterary ano artlstlc works
sucb as |llms or books as well as souno
recorolngs ano per|ormances.
Wby LU actlon
A strong ano balanceo |PP system ls a
orlvlng |orce |or promotlng lnnovatlon
ano lmprovlng competltlveness. |n tbe
2008-2010 cycle o| tbe reneweo Llsbon
strategy |or growtb ano jobs, tbe lnvest-
ment ln knowleoge ano lnnovatlon ls
one o| tbe |our prlorlty areas |or |ocuseo
actlons.
|n oroer |or Lurope to respono to tbe
cballenges o| tbe global economy, a
strategy on lnoustrlal property rlgbts ls
neeoeo to ensure a blgb-quallty, a||oro-
able, conslstent ano balanceo system.
Luropean buslnesses neeo strong ln-
oustrlal property rlgbts to malntaln tbelr
competltlve aovantage ln tbe global
market place tbrougb proouct lnnova-
tlon.
Scope o| tbe Communlcatlon
Tbe Communlcatlon sets out a coberent
|ramework |or ol||erent categorles o| ln-
oustrlal property rlgbts.
Tbe subjects oealt wltb lncluoe:
· tbe quallty o| lnoustrlal property
rlgbts:
· support |or small ano meolum-slzeo
enterprlses:
· tbe ñgbt agalnst counter|eltlng ano
plracy.
Tbese are covereo ln relatlon to actlon ln
tbe LU ano tbe lnternatlonal olmenslon
wltb tblro countrles.
Along wltb tbe urgent aooptlon o| tbe
Communlty patent proposal ano tbe
creatlon o| an lntegrateo LU-wloe ju-
rlsolctlon |or patents, tbe actlons pro-
poseo ln tbe Communlcatlon set out
to ensure tbat Lurope wlll bave a blgb
quallty lnoustrlal property rlgbts system
ln tbe years to come.
Hlgb quallty rlgbts
Lurope bas to bave blgb-quallty lnous-
trlal property rlgbts. Sucb rlgbts, tbat
only o||er rewaros to lnventlons tbat
meet tbe legal requlrements, are essen-
tlal to a well-|unctlonlng system, along
wltb user-|rlenoly access on ln|ormatlon ln|o ln|o
on tbese rlgbts to buslness ano soclety.
To tbls eno, tbe Commlsslon wlll unoer- rr
take stuoles on patent quallty ano on
tbe overall |unctlonlng o| tbe traoemark
systems ln tbe LU.
Tbls woulo also lncluoe tbe Communlty
traoemark, wblcb tbe O||lce |or Har- rr
monlsatlon o| tbe |nternal Market bas
been success|ully reglsterlng |or over 10
years.
Commlsslon launcbes strategy
to orlve lnnovatlon |rom tbe
laboratory to tbe marketplace
A new strategy to strengtben tbe lnoustrlal property rlgbts |or Lu-
rope bas been publlsbeo by tbe Commlsslon. |t sets out to support
lnventors ln maklng ln|ormeo cbolces on tbe protectlon o| tbelr
lnoustrlal property rlgbts ano calls |or robust en|orcement agalnst
counter|eltlng ano plracy.
"L||ectlve en|orcement on tbe
grouno agalnst counter|elt-
lng ano plracy ls essentlal. Tbls
problem ls reacblng alarmlng
levels...."
T809759int.indd 15 23/09/08 10:33:34
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ln|o bttp://ec.europa.eu/lnternal_market/copyrlgbt/lnoe×_en.btm
Copyrlgbt
ln|o bttp://ec.europa.eu/lnternal_market/lnoprop/lnoe×_en.btm
Green Paper on Copyrlgbt ln tbe Knowleoge Lconomy
A
consultatlve Green Paper about |u
AA
-
ture copyrlgbt pollcy ln tbe know- AA
leoge economy bas been publlsbeo by
tbe Commlsslon.
Tbe alm o| tbe consultatlon process ls to
bave a structureo oebate on tbe long-
term |uture o| copyrlgbt pollcy ln tbe
knowleoge-lntenslve areas.
|n lts Slngle Market Pevlew package
publlsbeo last November, tbe Commls-
slon blgbllgbteo tbe neeo to promote
|ree movement o| knowleoge ano ln-
novatlon as tbe 'Fl|tb |reeoom' ln tbe
Slngle Market.
Tbe Green Paper wblcb lt bas orawn up
|ocuses on bow researcb, sclence ano
eoucatlonal materlals are olssemlnateo
to tbe publlc ano wbetber knowleoge ls
clrculatlng |reely ln tbe lnternal market.
Tbe consultatlon oocument also looks
at tbe lssue o| wbetber tbe current
copyrlgbt |ramework ls su||lclently ro-
bust to protect knowleoge prooucts
ano wbetber autbors ano publlsbers are
su||lclently encourageo to create ano
olssemlnate electronlc verslons o| tbese
prooucts.
Tbe consultatlon oocument |ocuses on
toplcs tbat appear relevant |or tbe oe-
velopment o| a mooern economy, orlv-
en by tbe raplo olssemlnatlon o| know-
leoge ano ln|ormatlon.
|n partlcular, tbe Green Paper ls an at-
tempt to structure tbe copyrlgbt oebate
as lt relates to sclentl|lc publlsblng, tbe
olgltal preservatlon o| Lurope's cultural
berltage, orpban works, consumer ac-
cess to protecteo works ano tbe speclal
Con|erence on '|noustrlal Property
Plgbts ln tbe |nternal Market'
|n lts recent Communlcatlons, tbe Com-
mlsslon bas set out lts vlslon |or lmprovlng
tbe patent system ln Lurope ano |or revl-
tallslng tbe oebate on tbls lssue. Patents
are lnoeeo a orlvlng |orce |or promotlng
lnnovatlon, growtb ano competltlveness,
but tbe slngle market |or patents remalns
lncomplete.
To oebate tbe best |uture olrectlon a
Con|erence on |noustrlal Property Plgbts
ls belng organlseo ln Strasbourg, 16 -17
October 2008, by DG |nternal Market ano
Servlces ln collaboratlon wltb tbe Frencb
Presloency o| tbe LU.
Tbe tbree maln toplcs to be tackleo by
tbe Con|erence wlll be: a [urlsolctlon
|or Luropean ano Communlty Patents,
tbe Communlty Patent, ano Counter- rr
|eltlng. Tbe tblro o| tbese toplcs wlll be
olscusseo |rom ol||erent aspects sucb
as tbe economlc stakes ano lmpllcatlons
|or competltlveness ano lnnovatlon, tbe
consequences |or tbe bealtb ano sa|ety
o| cltlzens, ano cross-boroer cooperatlon
to strengtben en|orcement o| |noustrlal
Property Plgbts.
neeos |or tbe olsableo to partlclpate ln
tbe ln|ormatlon soclety.
Future cballenges
Tbe Green Paper polnts to |uture cbal-
lenges ln tbe |lelos o| sclentl|lc ano
scbolarly publlsblng, searcb englnes
ano speclal oerogatlons |or llbrarles, re-
searcbers ano olsableo people.
Tbe Green paper |ocuses not only on
tbe olssemlnatlon o| knowleoge |or re-
searcb, sclence ano eoucatlon but also
on tbe current legal |ramework ln tbe
area o| copyrlgbt ano tbe posslbllltles
lt can currently o||er to a varlety o| us-
ers (soclal lnstltutlons, museums, searcb
englnes, olsableo people, teacblng es-
tabllsbments).
L×ploltatlon o| rlgbts
|t ls lmportant to |acllltate tbe e×plolta-
tlon by SMLs o| lnoustrlal property rlgbts.
Tbe Communlcatlon bas outllneo meas-
ures to |acllltate access to lnoustrlal
property rlgbts ano olspute resolutlon
proceoures, ano to lmprove awareness
among SMLs o| tbe management o| ln-
oustrlal property as an lntegral element
wltbln an overall buslness plan.
Ln|orcement
L||ectlve en|orcement on tbe grouno
agalnst counter|eltlng ano plracy ls es-
sentlal. Tbls problem ls reacblng alarm-
lng levels wltb oamaglng e||ects to job
creatlon ln Lurope ano tbe bealtb ano
sa|ety o| consumers.
|n aooltlon to lmprovlng coorolnatlon
between key en|orcement actors at a
natlonal level, tbe Commlsslon wlll work
towaros e||ectlve cooperatlon between
Member States ln lntelllgence gatber- rr
lng ano raplo ln|ormatlon e×cbange on
counter|elt ano plrateo gooos.
Furtbermore, tbe Commlsslon wlll belp
|acllltate agreements lnvolvlng botb tbe
publlc ano prlvate sector to crack oown
on blatant vlolatlons o| lntellectual
property rlgbts.
Cbarlle McCreevy, Commlssloner |or
|nternal Market ano Servlces salo: ¨Tbls
strategy wlll o||er a sprlngboaro |or Lu-
ropean companles to compete ln tbe
global economy.
"Not only wlll lt belp lnventors across Lu-
rope to protect tbelr loeas wltb strong
lnoustrlal property rlgbts, but lt wlll also
provloe a catalyst |or cuttlng-eoge ln-
ventlons |rom companles o| all slzes to
become success|ul ln tbe market.
"|n aooltlon, tbe Communlcatlon reln-
|orces once more tbe polnt tbat tbe LU
wlll strlke baro at counter|eltlng ano pl-
racy."
T809759int.indd 16 23/09/08 10:33:36
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|nvestment |unos
UC|TS:
|mproveo LU |ramework proposeo
|or lnvestment |unos
|mportance o| UC|TS
|nvestment |unos are lnvestment proo-
ucts createo wltb tbe sole purpose o|
gatberlng assets |rom lnvestors, ano
lnvestlng tbose assets ln a port|ollo o|
|lnanclal lnstruments sucb as stocks,
bonos ano otber securltles. |n tbls way,
small lnvestors bave access to a pro|es-
slonally manageo ano olversl|leo bas-
ket o| |lnanclal lnstruments at a||oro-
able costs.
|nvestment |unos are a long-term sav-
lngs proouct wloely useo by Luropean
bousebolos. Tbey account |or 11.5° o|
Luropean bousebolo |lnanclal assets.
UC|TS are lnvestment |unos establlsbeo
ano autborlseo ln con|ormlty wltb tbe
requlrements o| Dlrectlve 85/611/LLC.
Once autborlseo, a UC|TS |uno can be
olstrlbuteo to lnvestors across tbe LU
upon notl|lcatlon to tbe corresponolng
natlonal autborltles.
Tbe Dlrectlve bas been key to tbe suc-
cess|ul oevelopment o| tbe Luropean
market |or lnvestment |unos.
New notl|lcatlon proceoure
Tbe proposeo revlslons to tbe UC|TS Dl-
rectlve wlll remove aomlnlstratlve bar- rr
rlers to tbe cross-boroer olstrlbutlon o|
UC|TS |unos.
Tbe current buroensome notl|lcatlon
proceoures can take several montbs
be|ore completeo. Tbey entall unneces-
sary reo-tape ano aomlnlstratlve costs
estlmateo at arouno 45 mllllon euro.
Tbe new notl|lcatlon proceoure wlll be
reouceo to a slmple, electronlc, regula-
tor-to-regulator communlcatlon. Tbe
olstrlbutlon o| unlts o| |unos wlll start
lmmeolately a|ter sucb communlcatlon.
Framework |or mergers
Tbe proposeo cbanges wlll also create a
|ramework |or mergers between UC|TS
|unos ano allow tbe use o| master-|eeo-
er structures.
T
be Commlsslon ls proposlng actlon
TTln a number o| key areas to lncrease TT
tbe e||lclency o| tbe current leglslatlve
|ramework relatlng to lnvestment |unos
tbat are autborlseo ln tbe LU as 'UC|TS'
(Unoertaklngs |or Collectlve |nvest-
ment ln Trans|erable Securltles). Sucb
lnvestment |unos are o| great strateglc
lmportance ln tbe LU economy ano tbe
volume at tbe eno o| last year stooo
at more tban 6.4 trllllon euro ln total,
equlvalent to bal| o| tbe Unlon's GDP.
LU |unos are currently on average 5
tlmes smaller tban U.S. |unos ano tbe
cost o| managlng tbem ls twlce as blgb.
Tbe proposeo revlslons wlll allow UC|TS
managers to oevelop tbelr cross-boroer
actlvltles ano generate savlngs consoll-
oatlon ano economles o| scale.
|nvestors wlll also bene|lt |rom a greater
cbolce o| lnvestment |unos operatlng at
lower costs.
Tbe proposal also seeks to lmprove ln-
vestor protectlon by maklng sure tbat
retall lnvestors recelve clear, easlly un-
oerstanoable ano relevant ln|ormatlon
wben lnvestlng ln UC|TS.
Tbese lmprovements wlll belp reln|orce
tbe competltlveness o| UC|TS on global
markets. Currently 40 ° o| UC|TS orlgl-
natlng ln tbe LU are solo ln tblro coun-
trles, malnly Asla, tbe Gul| reglon ano
Latln Amerlca.
Tbe Commlsslon bas proposeo an lmportant revlslon o| tbe LU
|ramework |or lnvestment |unos. Tbe new provlslons set out to
lncrease tbe e||lclency o| tbe current leglslatlve |ramework ln a
number o| key areas ano belp provloe consumers wltb access to
pro|esslonally manageo lnvestments on a||oroable terms.
"Tbe current buroensome
notl|lcatlon proceoures can
take several montbs be|ore
completeo. Tbey entall
unnecessary reo-tape ano
aomlnlstratlve costs estlmateo
at arouno 45 mllllon euro.
Tbe new notl|lcatlon
proceoure wlll be reouceo to
a slmple, electronlc, regulator-
to-regulator communlcatlon."
T809759int.indd 17 23/09/08 10:33:38
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51 200 8- , , ,
19
|nvestment |unos
ln|o
Funo mergers wlll be alloweo, on botb a
oomestlc ano a cross-boroer basls, ano
tbelr autborlsatlon proceoure wlll be
barmonlseo, as wlll tbe requlreo level o|
ln|ormatlon to be provloeo to lnvestors.
Subject to approval ano tbe approprlate
ln|ormatlon o| lnvestors, a UC|TS |uno
(|eeoer) wlll be alloweo to |ully lnvest lts
assets lnto anotber |uno (master).
|t ls estlmateo tbat
tbese new manage-
ment opportunltles
wlll allow UC|TS to
make up to 6 bllllon
euro ln savlngs ano
economles o| scale.
Tbese coulo ln turn be
sbareo wltb lnvestors
ln tbe |orm o| lower
lnvestment costs.
Key lnvestor ln|ormatlon
|n tbe proposals, tbe Slmpll|leo Prospec-
tus wlll be replaceo by a new concept o|
Key |nvestor |n|ormatlon (K||).
K|| wlll be contalneo ln a sbort oocument
conveylng key |acts to retall lnvestors ln
a clear ano unoerstanoable manner so
as to asslst tbem ln taklng an ln|ormeo
lnvestment oeclslon.
Tbe new proposals also set out to lm-
prove cooperatlon mecbanlsms be-
tween natlonal supervlsors.
Management company passport
As regaros tbe 'management company
passport' (MCP) - l.e. tbe posslblllty |or
|unos autborlseo ln one Member State
to be manageo remotely by a manage-
ment company establlsbeo ln anotber
Member State - tbe most recent consul-
tatlon process bas revealeo tbat tbere
are a serles o| potentlal supervlsory ano
lnvestor protectlon concerns.
Tbese neeo to be tackleo l| tbe MCP ls
not to lessen tbe protectlon o| retall
lnvestors or enoanger tbe UC|TS brano
- traoltlonally consloereo to be a Luro-
pean 'golo stanoaro' |or lnvestor protec-
tlon.
Tbe Commlsslon bas tbere|ore oecloeo
to consult tbe Commlttee o| Luropean
Securltles Pegulators (CLSP) on tbese ls-
sues.
CLSP wlll be lnvlteo to provloe aovlce
tbat wlll belp tbe
Commlsslon to
oevelop provl-
slons permlttlng
tbe lntroouctlon
o| a management
company pass-
port unoer conol-
tlons tbat are con-
slstent wltb blgb
evel o| lnvestor
protectlon.
|n tbat regaro CLSP wlll be lnvlteo to
aovlse tbe Commlsslon by 1 Novem-
ber 2008 on tbe structure ano prlncl-
ples wblcb coulo guloe potentlal |uture
amenoments to tbe UC|TS Dlrectlve
wblcb may be neeoeo to glve e||ect to
tbe UC|TS management company pass-
port.
Followlng tbat aovlce, tbe Commlsslon
wlll come |orwaro wltb an approprlate
proposal ln tlme to allow |or lts aooptlon
ourlng tbe current leglslature.
'8reaktbrougb' proposal
|nternal Market ano Servlces Com-
mlssloner Cbarlle McCreevy salo: ¨Tbe
UC|TS proposal represents a real break-
tbrougb |or lnvestment |unos ln Lurope.
Tbe enbanceo regulatory envlronment
wlll reouce unnecessary costs ano bu-
reaucracy ln cross-boroer operatlons
ano lmprove lnvestor protectlon. We
e×pect tbese bene|lts to leao to lower
costs |or lnvestors.
Tbls leglslatlve package sboulo ensure
tbat tbe UC|TS rulebook contlnues to
be a success story ln Lurope ano also
ln otber parts o| tbe worlo, llke Asla or
Latln Amerlca, wbere tbe UC|TS brano ls
wloely solo ano blgbly valueo."
As part o| tbe Commlsslon's 8etter Pegu-
latlon Strategy ano lts |lrm commltment
to slmpll|y tbe regulatory envlronment,
tbe new Dlrectlve wlll replace tbe e×lst-
lng 1985 UC|TS Dlrectlve ano lts succes-
slve amenoments wltb a slngle te×t.
Tbe proposal now passes to tbe Luro-
pean Parllament ano Councll |or conslo-
eratlon.
bttp://ec.europa.eu/lnternal_market/securltles/uclts/lnoe×_en.btm
"...tbese new management
opportunltles wlll allow
UC|TS to make up to
6 bllllon euro ln savlngs ano
economles o| scale."
ln|o
Plotr Swlstun
TLL: +32 (0)2.295 56 07
FAX: +32 (0)2.299 86 30
Markt-G4@cec.eu.lnt
T809759int.indd 18 23/09/08 10:33:40
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Slngle Market Pevlew
Support |rom tbe Commlttee
o| tbe Peglons |or tbe
Slngle Market Pevlew
|n tbe Autumn tbe LU's Commlttee o| tbe Peglons (CoP) wlll
be presentlng lts oplnlon on tbe Slngle Market Pevlew pub-
llsbeo by tbe Commlsslon last November. Mlnlster volker Ho||
o| tbe Lano o| Hessen, CoP's rapporteur on tbe Slngle Market
Pevlew report, talks to SMN
n tooay's Lurope, some tbree quarters
o| LU leglslatlon ls lmplementeo at
reglonal or local level. Ano tbe job-cre-
atlng ano wealtb-creatlng |orces o| tbe
LU economy are recognlseo to be tbe
small buslnesses - tbe SMLs - wbo are
|or tbe most part local operators. We at
tbe Commlttee o| tbe Peglons tbus bave
a slgnl|lcant perspectlve to o||er on |u-
ture pollcy to e||ectlvely oevelop tbe
Slngle Market," empbaslses volker Ho||,
rapporteur o| tbe CoP's Commlsslon |or
Lconomlc ano Soclal Pollcy (LCOS).
Tbe Slngle Market Pevlew package pre-
senteo by tbe Commlsslon last Novem-
ber bas been closely e×amlneo by tbe
members o| LCOS ano lts report 'Slngle
market, soclal vlslon ano servlces o|
general lnterest' wlll be presenteo |or
aooptlon by tbe CoP ln tbe autumn.
Great acblevements
"We recognlse, llke many otbers, tbat tbe
Slngle Market ls one o| tbe LU's greatest
acblevements to oate ano ls a key |actor
ln enbanclng tbe quallty o| ll|e ano pros-
perlty o| LU cltlzens," Ho|| says.
"8ut tbe economlc ano polltlcal envl-
ronment o| tbe 1980s wben tbe Slngle
Market strategy was concelveo ls mark-
eoly ol||erent |rom tooay. Tbe worlo
economy ls more globallseo. Tbere are
major new players on tbe scene. Tbe LU,
as an economlc bloc ls |aceo wltb |lerce
competltlon |rom otber o|ten lower cost
terrltorles."
Agalnst tbls backgrouno, tbe CoP sees
tbe package o| measures orawn up by
tbe Commlsslon as an lmportant step
towaros meetlng tbe cballenges o| tbe
present ano tbe |uture.
Tbe globallsatlon cballenge requlres a
strong response |rom tbe LU lnvolvlng,
among otber tblngs, tbe removal o| bar- rr
rlers to tbe promotlon o| knowleoge ano
lnnovatlon ln LU countrles. |t must also
lncorporate a strong soclal ano envlron-
mental olmenslon, tbe CoP stresses.
"Wblle | am ln |ull agreement wltb tbe
broao sweep o| tbe Commlsslon's ap-
proacb, tbere are many areas o| oetall
wblcb wlll bave to be e×amlneo closely.
O| partlcular concern to tbe CoP ano tbe
reglons ano local governments lt repre-
sents ls tbe lssue o| subslolarlty," Mlnls-
ter Ho|| e×plalns.
"We are convlnceo tbat tbe Slngle
Market can only operate e||ectlvely l|
buslnesses are competltlve ano tbe
subslolarlty prlnclple ls complleo wltb.
Tbe Luropean lnstltutlons cannot ml-
cromanage 500 mllllon consumers. |t
sboulo |ocus ls e||orts wbere lt o||ers a
clear value aooeo to cltlzens ano busl-
nesses. "
Tbe CoP polnts out tbat tbe Commls-
slon may, ln llne wltb tbe prlnclples o|
subslolarlty ano proportlonallty, only
take actlon l| tbe Member States alone
are not su||lclently equlppeo to acbleve
tbe objectlves ln questlon ano on con-
oltlon tbat LU-level actlon wlll brlng a
oemonstrable aooeo value.
SML support ano better regulatlon
Tbe CoP sbares tbe Commlsslon's vlew
tbat tbe Slngle Market must strengtben
tbe posltlon o| SMLs ano ma×lmlse
bene|lts to consumers.
Tbe Commlsslon rlgbtly polnts to tbe
lmportance o| tbe small buslness sector
÷ tbe SMLs - to tbe LU economy. Tbey
now account |or most o| tbe job crea-
tlon ln tbe LU ano are orlvlng |orce o|
tbe economy, Ho|| e×plalns.
More lnoeeo sboulo clearly be oone to
|acllltate access |or SMLs to tbe Slngle
Market to enable tbem to grow more
e||ectlvely ano to e×plolt tbelr entrepre-
neurlal potentlal to a greater oegree.
"We |ully support tbe Commlsslon ln
promotlng tbe 'tblnk small |lrst' prlncl-
ple ano lts lnltlatlves to back SMLs," Ho||
says. "Tbe slmpll|leo company law struc-
tures tbat are ln tbe plpellne are a gooo
way o| boostlng tbe competltlveness o|
Luropean buslnesses.
"We belleve tbat slmple, unbureaucratlc
ano e||ectlve rules provloe a olrect con-
oult to a balanceo competltlve envlron-
ment ano to economlc stablllty. Suc-
Mr volker Ho|| (DL/LPP), Mlnlster o|
tbe Lano o| Hessen ano rapporteur |or
tbe CoP's oplnlon on tbe Slngle Market
Pevlew: "LU-level actlon must brlng
oemonstrable value aooeo"
"
T809759int.indd 19 23/09/08 10:33:41
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51 200 8- , , ,
21
"Tbe capaclty o| tbe Mem-
ber States, reglons ano
local autborltles to lnvest
ln buman capltal neeos to
be lmproveo so tbat tbe
concept o| ll|elong learn-
lng ooes ln |act become a
reallty.
"CoP recognlses tbe key
lmportance o| eoucatlon
ano skllls acqulsltlon |or
young people as a slne
qua non o| job creatlon,
soclal lntegratlon ano
tbus tbe success o| tbe
Slngle Market."
Managlng cbange
Wbllst tbere can clearly be
bene|lts to globallsatlon,
Lurope's response to meet
tbe cballenge wlll requlre slgnl|lcant
cbanges to tbe economlc ano soclal
lanoscape o| tbe LU ln oroer to ensure
tbe long term lnternatlonal competl-
tlveness o| LU lnoustry.
CoP agrees wltb tbe Commlsslon tbat
many o| tbe requlslte lnnovatlve eco-
nomlc ano soclal pollcy solutlons wlll
bave to be |ouno prlmarlly at local, re-
glonal ano natlonal levels. Tbls, tbe CoP
says, blgbllgbts tbe lmportant role to
be playeo ln tbls conte×t by local ano
reglonal autborltles, ano tbe soclal part-
ners.
Perceptlon
"Tbe LU, we recognlse, ooes bave a
perceptlon problem at tbe grass roots
level," Ho|| cautlons. "People are more
aware o| LU rules trylng to regulate tbe
sbape o| bananas tban tbe global eco-
nomlc bene|lts wblcb tbe Slngle Market
bas brougbt about.
"|n my own Lano o| Hessen we bao a
sbort-llveo but beateo olspute wltb
8russels over a tbreateneo cbange to
tbe LU classl|lcatlon o| our |amous ano
centurles-olo 'Ap|elweln'. Tbougb tbe
Commlsslon |lnally accepteo tbat our
apple-baseo orlnk coulo contlnue to be
calleo 'wlne', sucb olsputes oo no gooo
|or tbe reputatlon o| tbe LU at tbe popu-
lar level."
cess|ul measures ln tbls |lelo wlll bave
a olrect ano posltlve economlc lmpact.
Lven reouclng tbe costs ano comple×lty
o| start-up aovlce ls bene|lclal at tbe en-
trepreneurlal level."
8etter regulatlon
Tbe CoP welcomes tbe |act tbat tbe
Slngle Market Pevlew repeateoly oraws
attentlon to tbe lmportance o| ¨8etter
Pegulatlon", lmpact assessments, evalu-
atlon ano slmpll|lcatlon ln respect o| le-
gal provlslons: ano tbe neeo to reouce
bureaucracy.
Tbe Lano o| Hessen Mlnlster polnts out
tbat tbe reglonally-|ocuseo members o|
tbe CoP can play a use|ul role |ocuslng
LU e||orts to cut bureaucracy. CoP mem-
bers strongly belleve tbe Commlsslon
ano tbe Member States sboulo consult
local ano reglonal autborltles ano lnous-
try to olscuss wblcb bureaucratlc barrl-
ers can be olsmantleo ln tbe lnterests o|
buslnesses, ano SMLs ln partlcular.
Pesearcb ano lnnovatlon
|n tbe |ace o| belgbteneo competltlon
|rom knowleoge-baseo economles Lu-
ropean buslnesses, tbe CoP recognlses,
neeo to be even more lnnovatlve ano
creatlve l| tbey are to stay competltlve. |t
ls lmportant tbere|ore tbat tbe LU pusb-
es abeao ano ralses researcb spenolng.
"Tbe Luropean Councll bas set tbe ob-
jectlve o| ralslng researcb e×penolture
ln tbe LU to 3° o| GDP. Tbls ln our vlew
ls a key element ln tbe competltlveness
ano |uture sustalnablllty o| Luropean ln-
oustry, " Ho|| empbaslses.
"|n aooltlon to lncreaseo competltlon,
entrepreneursblp, lnnovatlon ano ln-
vestment, tbese |actors are a orlvlng
|orce o| enbanceo proouctlvlty."
Loucatlon ano tralnlng
Tbe Commlttee o| tbe Peglons also ac-
coros great lmportance to eoucatlon
ano tralnlng ÷ ano tbus skllls oevelop-
ment. "Tbls ls tbe major cballenge |ac-
lng tbe LU, Member States ano tbe re-
glons," Ho|| says.
Tbe Lano o| Hessen lnoeeo ls very prouo
o| lts work ln removlng bureaucracy,
Ho|| e×plalns, ano tbe last tblng lt wants
ls more paperwork oroereo |rom 8rus-
sels ln tbe searcb |or greater regulatlon.
"Support |or tbe LU wlll lncrease only
wben people personally e×perlence
tbe bene|lts wblcb lt o||ers tbem. Tbere
ls clearly a neeo |or Member States to
communlcate, ln a more |ocuseo way,
tbe llnks between tbe Slngle Market,
on tbe one bano, ano consumer pro-
tectlon, tbe e×panslon o| employment,
economlc growtb ano prlce stablllty, on
tbe otber bano. "
Mlnlster Ho|| belleves tbat tbe reglons
can play a more promlnent role ln lm-
provlng communlcatlons about Lurope.
|n an earller report ('Tbe |uture o| tbe sln-
gle market ano stocktaklng o| Luropean
soclety') tbe CoP bas glven lts vlew tbat
tbe Commlsslon, tbe Member States ano
local ano reglonal autborltles sboulo, ln
oroer to allay tbe concerns o| cltlzens
ano buslnesses, better communlcate
bow to manage economlc ano soclal ao-
justment tbat results |rom globallsatlon
ano lncreaseo competltlon.
Tbe Commlttee o| tbe Peglons (CoP) ls tbe polltlcal assembly
tbat provloes local ano reglonal autborltles wltb a volce at tbe
beart o| tbe Luropean Unlon. Tbe CoP, wbose seat ls ln 8russels,
ls composeo o| 344 representatlves o| reglonal ano local
governments ano alms at lncreaslng tbe partlclpatlon o| Luropean
reglons ln communlty ll|e.
Slngle Market Pevlew
T809759int.indd 20 23/09/08 10:33:43
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o
5 1 200 8- , , ,
22
|n|rlngements
|NFP|NGLMLNT PPOCLDUPLS
|| tbe Commlsslon obtalns or recelves convlnclng evloence |rom a complalnant tbat an ln|rlngement o| LU
law ls taklng place, lt |lrst senos tbe Member States concerneo a letter o| |ormal notlce.
|| tbe Member State ooes not reply wltb ln|ormatlon allowlng tbe case to be closeo, tbe Commlsslon senos
a reasoneo oplnlon, tbe secono step o| tbe ln|rlngement proceeolngs unoer Artlcle 226 o| tbe LC Treaty. ||
tbere ls no satls|actory response wltbln two montbs, tbe Commlsslon may tben oecloe to re|er tbe case to tbe
Luropean Court o| [ustlce ln Lu×embourg.
Hyoroelectrlc concesslon system: France
Tbe Commlsslon bas oecloeo to re|er France to tbe Lu-
ropean Court o| [ustlce over lts leglslatlon glvlng pre|er- rr
ence to outgolng concesslon-boloers wben concesslons
|or works uslng byoraullc power come up |or renewal. 8y
bene|ltlng companles wblcb alreaoy bolo a concesslon
ano wblcb are tbus alreaoy establlsbeo ln France, tbls
system ls consequently lncompatlble wltb tbe prlnclple
o| tbe |reeoom o| establlsbment wblcb problblts restrlc-
tlons on tbe cross-boroer e×erclse o| economlc actlvltles,
lncluolng ln partlcular any |orm o| olrect or lnolrect ols-
crlmlnatlon between Communlty operators.
Awaro o| contracts |or tbe supply o| bellcopters: Spaln
Tbe Commlsslon bas oecloeo to seno a reasoneo opln-
lon to Spaln concernlng tbe concluslon o| two |rame-
work agreements wltb tbe company Lurocopter |or tbe
supply o| bellcopters respectlvely to tbe Mlnlstry o| tbe
|nterlor |or natlonal pollce ano ¨Guarola Clvll" ano to tbe
Mlnlstry o| Agrlculture, Flsberles ano Fooo |or mlsslons
o| survelllance ano support o| tbe natlonal |lsblng |leet.
8aseo on tbese |ramework agreements botb Mlnlstrles
bave alreaoy awaroeo two contracts |or tbe supply o|
bellcopters.
Anoaluslan rules on commerclal premlses: Spaln
Tbe Commlsslon bas oecloeo to seno a letter o| |ormal
notlce to Spaln because o| restrlctlons on tbe establlsb-
ment o| commerclal premlses ln tbe Autonomous Com-
munlty o| Anoalusla. Tbe Anoaluslan provlslons on set-
tlng up commerclal premlses coulo be contrary to wbat
Artlcle 43 o| tbe LC Treaty lays oown regarolng |reeoom
o| establlsbment.
Llqulolty reserve obllgatlons: Austrla (closure)
Tbe Commlsslon bas closeo tbe ln|rlngement proceoure
lnltlateo agalnst Austrla on leglslatlon requlrlng banks
ln tbe cooperatlve ano savlngs banks sector to keep a
llqulolty reserve e×cluslvely wltb tbelr central lnstltu-
tlon ln Austrla. Followlng an amenoment maoe to tbe
Austrlan leglslatlon ln questlon, tbese banks are o||ereo
tbe posslblllty to keep tbe llqulolty reserve wltb anotber
bank ln tbe LU l| tbey joln a scbeme o| jolnt llqulolty
compensatlon ano keep tbat reserve to provloe llqulo-
lty ln case o| neeo.
Pestrlctlons on provlslon o| servlces by networks o|
auolt |lrms: France
Tbe Commlsslon bas oecloeo to re|er France to tbe Lu-
ropean Court o| [ustlce over lts natlonal lnoepenoence
rules relatlng to lnternatlonal networks o| auolt |lrms.
Tbe Commlsslon consloers tbat Artlcles 24 ano 29 o| tbe
2005 Frencb Cooe o| Ltblcs |or auoltors unouly restrlct
tbe |reeoom to provloe servlces as guaranteeo by Artlcle
49 o| tbe Treaty. Tbls |ollows a reasoneo oplnlon sent ln
October 2007, a|ter wblcb tbe Frencb autborltles |alleo
to ameno tbe relevant Artlcles accorolngly.
S|NGLL MAPKLT |NFP|NGLMLNTS
T809759int.indd 21 23/09/08 10:33:45
CONTLNTS
2008 - |||
)HMXIYVVIWTSRWEFPI
Panayotl aa s Stamatopoulos
Luropean Commlsslon
DG |nternal Market ano Servlces
Unlt A-4
8 - 1049 8russels
Tel: (+32 2) 296 17 72
Fa×: (+32 2) 295 43 51
Loltor
Nlgel Grl||ltbs
Fa×: +32 2 295 43 51
Subscrlptlons
8rona Melorum
DG |nternal Market ano Servlces
SPA2 1/008
8-1049 8russels
Fa×: +32 2 295 43 51
L-mall: Markt-smn@ec.europa.eu
www.ec.europa.eu/lnternal_market/smn.btm
Layout:
Unlt A4
Onllne
bttp://ec.europa.eu/lnternal_market/smn.btm
© Luropean Communltles, [2008]
Peproouctlon ls autborlseo provloeo tbe source
ls acknowleogeo.
For |urtber ln|ormatlon
bttp://ec.europa.eu/lnternal_market/lnoe×_en.btm
Your Lurope
bttp://ec.europa.eu/youreurope
Pbotograpbs |or tbls eoltlon
were supplleo by:
Grl|co Communlcatlons ano
tbe Luropean Commlsslon.
3 Loltorlal
4 'Tblnk small |lrst' - Small 8uslness Act
package launcbeo |or SMLs
6 SML-|rlenoly Luropean prlvate company
statute proposeo by tbe Commlsslon
8 Countoown to market openlng ln postal servlces
10 Cooe o| 8est Practlce orawn up to make
publlc procurement more SML-|rlenoly
11 SPLC|AL FLATUPL
Servlces Dlrectlve lmplementatlon
enters tbe oeclslve stage
15 |ntellectual property: per|ormer copyrlgbt term
e×tenoeo to 95 years
16 Commlsslon outllnes new strategy on
lnoustrlal property rlgbts
17 Green Paper o r n copyrlgbt ln tbe knowleoge ec pp onomy
18 UC|TS: lmproveo |ramework proposeo
|or lnvestment |unos
20 Commlttee o| tbe Peglons supports
tbe Slngle Market Pevlew package
22 |n|rlngements
N
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5 1 2 0 0 8 - , , ,
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|n|rlngements
More ln|ormatlon on ln|rlngement proceeolngs relatlng to tbe Slngle Market ls avallable at:
bttp://ec.europa.eu/lnternal_market/ln|rlngements/lnoe×_en.btm
Tbe latest ln|ormatlon on ln|rlngement proceeolngs concernlng all Member States ls avallable at:
bttp://ec.europa.eu/communlty_law/eulaw/lnoe×_en.btm
Contracts |or Dunoalk bypass motorway ano anlmal
loentl|lcatlon tags: |relano
Tbe Commlsslon bas oecloeo to re|er |relano to tbe Lu-
ropean Court o| [ustlce over tbe awaro o| a works con-
tract |or tbe Dunoalk bypass motorway ano lts natlonal
leglslatlon ln tbe |lelo o| publlc procurement remeoles.
Tbe Commlsslon bas also oecloeo to seno |relano a rea-
soneo oplnlon concernlng tbe awaro o| a contract |or
tbe supply o| anlmal loentl|lcatlon tags.
Peglonal bus transport servlces: Czecb Pepubllc
Tbe Commlsslon bas oecloeo to seno a reasoneo opln-
lon to tbe Czecb Pepubllc concernlng tbe proceoure |ol-
loweo by tbe Czecb Peglon o| Ustl nao Labem |or tbe
awaro o| a contract to a prlvate unoertaklng |or tbe pro-
vlslon o| reglonal bus transport servlces.
Free movement o| servlces: Lstonla ano Portugal
Tbe Commlsslon wlll re|er Portugal to tbe Luropean
Court o| [ustlce over lts rules on tbe provlslon o| con-
structlon servlces. Tbe Commlsslon wlll also |ormally re-
quest Portugal to ameno lts rules on tbe provlslon o| es-
tate agent servlces. Flnally tbe Commlsslon wlll |ormally
request Lstonla to ameno lts rules on tbe recognltlon o|
meolcal prescrlptlons by pbarmaclsts. Tbese |ormal re-
quests take tbe |orm o| reasoneo oplnlons.
|nvestment restrlctlons on statutory penslon |unos:
Slovakla
Tbe Commlsslon bas oecloeo to |ormally request Slo-
vakla to remove lts lnvestment restrlctlons on statutory
penslon |unos, wblcb ln tbe Commlsslon's vlew constl-
tute an ln|rlngement o| Artlcle 56 Treaty LC problblt-
lng restrlctlons on |ree movement o| capltal. Tbls |or- rr
mal request takes tbe |orm o| a reasoneo oplnlon.
Law on publlc project contractlng: France (closure)
Tbe Commlsslon bas oecloeo to balt ln|rlngement pro-
ceeolngs agalnst France arlslng out o| a juogment o| 20
October 2005 ln wblcb tbe Court o| [ustlce belo tbat, by
reservlng tbe task o| oelegateo project contractlng to a
nameo llst o| legal entltles unoer Frencb law, France bao
|alleo to |ul|ll lts obllgatlons unoer Dlrectlve 92/50/LLC
on publlc servlce contracts ano unoer Artlcle 49 o| tbe
LC Treaty. Tbe Commlsslon bas concluoeo tbat tbe as-
surances recelveo |rom tbe Frencb autborltles ano tbe
clearer worolng o| some key te×ts oemonstrate tbat tbe
juogment bas been |ully complleo wltb ano tbat tbe le-
gal |ramework |or oelegateo project contracts now pro-
vloes aoequate legal certalnty.
T809759cov.indd 2 23/09/08 10:43:14
SU8SCklP1l0NS
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T809759cov.indd 1 23/09/08 10:43:13

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