Third-Party Certifiers

Third-Party Certifiers includes detailed research on existing certification processes in selected fields, such as finance, transport, products and medical devices, and a specific proposed framework for more accurate and reliable certification. Third-party certifiers are organisations that are independent vis-à-vis a requesting entity. They attest that a product, service, information or person possesses certain qualifications or meets safety, quality or technical standards. This important book presents an in-depth analysis of the liability and obligations of certifiers, evaluates existing certification processes in selected fields and proposes new mechanisms which could increase the accuracy and reliability of certifiers’ ratings, marks or reports.

What’s in this book:

Highlighting the risks of errors in this activity – inaccurate certification was a major factor in the global financial crisis of 2008 – the author takes a comparative approach, looking at the certification process in several European countries, Australia and the United States. Such aspects of the process as the following are thoroughly described:

• obligations and liability of certifiers during the certification process;
• risk of ‘information asymmetry’ between the requesting entity and the end user; and
• relationship between the civil liability of certifiers and public law aspects.

How this will help you:

Because the efficient and effective functioning of third-party certifiers is extremely important in today’s world – especially in such areas as health, the environment, safety or economic values – this deeply researched contribution to an important area of commercial law, combining analysis of current issues with proposed reforms, will be welcomed by practitioners when confronted with legal issues with regard to the certification process. The book’s conceptual framework will also prove highly useful for policymakers charged with developing reliable certification mechanisms.