Primary legislation Flashcards
1
Q
What is the primary legislation?
A
TFEU and EEA agreement
2
Q
What are the relevant treaty provisions for financial markets and services
A
Freedom of establishment
to provide services
capital movement
3
Q
What are the basic (fundamental) freedoms?
A
Free movement of goods, persons services capital and right of establishment
4
Q
What is the nature of the right of establishment?
A
Right to establish branches and subsidiaries
Right to manage branches and subsidiaries
Right to take up activates as self-employed
5
Q
What are the leagal provisions in for the right to establishment?
A
TFEU 49 and 54
EEA 31 and 34
6
Q
What is the difference between the right to establishment and services?
A
Gebhard - the temporary or permanent nature of the economic activates, not the existence of an office
