ABSTRACT
It is a commonplace of political commentary on the European Union to claim that European integration lacks a cultural dimension similar to that of the individual nation states that make up the Union. A trading community not a centralized state system; rather, the nation state can be viewed as having collectively outsourced legislative and financial authority through multiple levels of aggregation through mutually binding ratified treaties. In examination there are three sets of forces that will continue to bring about change in the field of corporate governance within Europe and the trading communities and nation states which exist within her borders. The first are market forces, primarily driven by investors and the providers of corporate funds; the second forces are the ever-rising expectations of society; and finally, there are regulatory forces of one kind or another pursued by national and international authorities. The following regulations are those that to date support investor protection and individual privacy.
