The European Commission has set an end of year deadline for passing its 'e-Europe' package of electronic commerce laws required to allow the EU to compete with the US in the emerging e-commerce economy. The package includes seven separate pieces of legislation and directives which have been under consideration for some time now.
The e-Europe package covers areas such as copyright, distance selling of financial services, electronic money, as well as electronic contracts and dispute resolution. In addition, the EU will also attempt speed up the resolution of the dispute with the US over data protection rules.
According to EU information technology commissioner Erkki Liikanen the end of year deadline is achievable, and the political commitment required to fast track the new laws will be officially endorsed at the March special summit in Lisbon. "There is a sense of urgency about this at the top now. Once there is strong political commitment the EU system functions surprisingly well. We have to translate all this new consciousness into concrete political action," Mr Liikanen said.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment