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Law and regulation

 

  • Tax law implies the payments which relate to the tax with the added-value, corporation tax, income tax.

  • Banking law and financial regulation and the standards minimum regulated of Financial Regulation on the quantities of capital banks must be held, and of the rules about the practices for the investment. It is to insure itself against the risk of economic crises, such as the accident of Wall Street of 1929.

  • Regulation treats the supply of services public and of utilities. The water law is an example. More especially as privatization became popular, of the anonymous companies private completing the work previously ordered by government were bound by social responsibilities. Energy, the telecomms of gas and water are the industries regulated in the majority of the countries of OECD.

  • Competition law It is employed to order the companies which try to employ their economic influence to twist market prices at the expense of the wellbeing of the consumer.

  • Consumer law could include anything of the payments in the unjust contractual conditions and the clauses to the directives on the insurance of luggage of air line.

  • Environmental law is increasingly important, particularly in the light of the protocol of Kyoto and the potential danger of the climate change. Environmental protection is also useful penalize pollutants in the domestic legal systems.

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