Law for a circular economy - Chris Backes - eBook (9789462747227)

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Today humanity uses, on average, the equivalent of 1.6 earths to provide the resources we use and to absorb our waste. A pathway to sustainable resource use is the circular economy. This concept aims at optimising the value of the resources used and to minimise the amount of resources used. The author addresses the question of what kind of law we n...

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Law for a circular economy - Chris Backes - eBook (9789462747227)
Law for a circular economy - Chris Backes - eBook (9789462747227)
Today humanity uses, on average, the equivalent of 1.6 earths to provide the resources we use and to absorb our waste. A pathway to sustainable resource use is the circular economy. This concept aims at optimising the value of the resources used and to minimise the amount of resources used. The author addresses the question of what kind of law we need to realize a circular economy. He argues that many legal frameworks and rules on the national and the European level will have to be reconsidered, amended and some completely newly framed to foster a truly circular economy. This is the inaugural lecture which Professor Chris Backes delivered on 12 April 2017 on the occasion of accepting the Chair of Environmental and Planning Law at Utrecht University School of Law, Utrecht Centre forWater, Oceans and Sustainability Law.
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In practice, the same banks and investment firms are acting as a custodian under MiFID II and CRD IV, a depositary under the AIFMD/UCITSD V and a depositary/custodian under IORPD II. Although the safekeeping activities performed by both are similar, European investment law is inconsistent in in allowing depositaries and custodians to provide cross-border financial services throughout Europe. This book provides an in-depth analysis of the concept of the cross-border provision of financial services under European investment law and the regulation applying to depositaries and custodians under MiFID II, CRD IV, the CSDR, AIFMD, UCITSD V and IORPD II. The analysis considers whether and to what extent depositaries and custodians are similarly regulated under European investment law and under what conditions a cross-sectoral European depositary passport could be introduced.
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Today humanity uses, on average, the equivalent of 1.6 earths to provide the resources we use and to absorb our waste. A pathway to sustainable resource use is the circular economy. This concept aims at optimising the value of the resources used and to minimise the amount of resources used. The author addresses the question of what kind of law we need to realize a circular economy. He argues that many legal frameworks and rules on the national and the European level will have to be reconsidered, amended and some completely newly framed to foster a truly circular economy. This is the inaugural lecture which Professor Chris Backes delivered on 12 April 2017 on the occasion of accepting the Chair of Environmental and Planning Law at Utrecht University School of Law, Utrecht Centre forWater, Oceans and Sustainability Law.

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