Author Archives: Alessio M. Pacces

Civil Liability in the EU Corporate Sustainability Due Diligence Directive Proposal 

By | September 18, 2023

On June 1, 2023, the European Parliament substantially amended the European Commission’s proposal for the Corporate Sustainability Due Diligence Directive (CSDDD). Since my first comment on the Commission’s proposal, I have focused on Art. 22, establishing civil liability for failure to carry out due diligence. Functionally, this liability aims to counter multinational corporations’ strategic use… Read More »

Disintermediating finance: Fintech and its limitations

By | January 8, 2021

The recent Wirecard scandal highlighted an old issue that has been disturbing scholars and policymakers about technology companies offering financial services – trust. While Wirecard collapsed due to fraud, the public debate has shifted towards the fact that most of the Fintech industry is subject to minimal regulation at best. In our recent paper, we… Read More »

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