Chapter

Reforming Regulatory Sanctions—Designing a Systematic Approach

Richard Macrory

in The Regulatory State

Published in print December 2010 | ISBN: 9780199593170
Published online January 2011 | e-ISBN: 9780191595660 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199593170.003.0011
Reforming Regulatory Sanctions—Designing a Systematic Approach

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Regulation almost by definition is introduced where the unconstrained market cannot by itself guarantee the achievement of goals that society requests. An effective system of sanctions underpins any regulatory structure, and within the European Union it is something increasingly required of member states, at least in general terms. But what are the main elements of such a system? Are there principles that cut across legal and jurisdictional differences and have some degree of universality? This chapter examines recent developments in England and Wales, where significant changes are taking place in the way that regulatory sanctions have traditionally been designed.

Keywords: regulatory enforcement; sanctions; England; Wales

Chapter.  7008 words. 

Subjects: Constitutional and Administrative Law

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