Annex VIII Self-regulation
United Kingdom
In addition to the basic legal requirement that self-regulatory initiatives must comply with all provisions of the Treaty (in particular internal market and competition rules), as well as with the international engagements of the Community, including multilateral trade rules, the following non-exhaustive list of indicative criteria may be used to evaluate the admissibility of self-regulatory initiatives as an alternative to an implementing measure in the context of this Directive:
- 1Openness of participation
- 2Added value
- 3Representativeness
- 4Quantified and staged objectives
- 5Involvement of civil society
- 6Monitoring and reporting
- 7Cost-effectiveness of administering a self-regulatory initiative
- 8Sustainability
- 9Incentive compatibility