Bulletin n. 1/2015
June 2015
CONTENTS
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
    • Gianni Lo Schiavo
    A Judicial Re-Thinking on the Delegation of Powers to European Agencies under EU Law? Comment on Case C-270/12 UK v. Council and Parliament
    in German Law Journal , vol. 16, issue 2 ,  2015 ,  315-335
    The case C-270/12 UK v. Council and Parliament is a much-awaited judgment addressing the problem of the delegation of powers to European agencies in the financial markets. By distancing itself from the Advocate General’s conclusions, the Court of Justice upheld the legitimacy of the use of Article 114 TFEU to allow the European and Securities Market Authority to prohibit or restrict certain financial products on the market. The Court also gave greater flexibility to the Meroni doctrine and superseded the Romano doctrine. The Court’s decision is welcome, especially in light of the increasingly extensive use of European agencies to regulate and supervise the internal market.
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