Pavlo Liutikov
Department of Public and Private Law, University of Customs and Finance, UkrainePublications
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Research
Self-Regulation: Leveraging Advantages, Mitigating Drawbacks and Contemplating its Use for Soft Narcotics Market
Author(s): Antonina Bobkova*, Pavlo Liutikov, Mykhailo Shevchenko, Nataliya Kantor and Vladyslav Lipynskyi
Background: Relying on scientific sources and legal documents reflecting the advantages and drawbacks of self-regulation, as well as ways to mitigate them and ensure proper functioning of the self-regulation, the article determines the best scenarios for the development of market regulation, within which the most positive aspects of the delegation of regulatory functions to self-regulatory organizations are retained and the limitations and risks inherent in self-regulatory activities, as well as the issues of democratic legitimacy of self-regulation are mitigated. Methods: The authors use a set of methods of scientific research required for accomplishing these tasks, which includes literature review, covering conceptual scientific material on advantages and drawbacks of self- regulation with delegated powers, interpreting and making gen.. Read More»
DOI: 10.4303/JDAR/236301