Prepared by Dominika Pietkun, CFIS 24 Programme Sherpa and PhD Candidate at the Institute of Legal Sciences of the Polish Academy of Sciences
The purpose of this Paper is to set the scene and provide the state of play and background information to the participants in Panel 8.
The FSR was adopted to address the perceived regulatory shortfall – what were the reasons to introduce the FSR and was it necessary?
The FSR is perceived as the most powerful tool in the EC’s arsenal, while at the same time called “administrative nightmare” – what are the challenges in implementation of the FSR and what are the solutions?
The costs, both economic and political, of the FSR’s adoption – what is the impact on the EU market and what are the broader implications for business operations?
The FSR’s focus on China – is it actually a regulatory weapon, and if so, is it a broad, scattergun approach, or a finely targeted instrument?