EC publishes Green Paper on Modernising the Professional Qualifications Directives

EC publishes Green Paper on Modernising the Professional Qualifications Directives

The EC have published a Green Paper on 'Modernising the Professional Qualifications Directive' (COM) 2011. This Green Paper seeks to modernise professional qualifications within the EU where the service sector accounts for 70% of GDP whereas intra-EU trade in services only accounts for 25% of overall trade in the EU.

According to a recent report there will be a need for 16 million more high-skilled professionals by 2020, which under current trends will leave a severe shortage, in particular in the health sector. 

The view of the Green Paper is to enable citizens to realise their right to work anywhere in the EU and to have their professional qualifications recognised anywhere in the EU. The implications of regulatory competition within the EU may play a part in the formation of clearer and simpler rules. If different EU states have different requirements to qualify then such asymmetries must be addressed by creating a uniform approach.

 

For more commentary on directors' duties and shareholder litigation, visit Gibbs: Law and Life, a blog centering on directors' duties and company law, particularly on interpretation and practicality of directors' duties in the 21st Century.

For more information about LexisNexis products and solutions connect with us through our corporate site.