Abstract
There are many promises, but also potential risks, concerning the evolving nano-industry. For maintaining a high level of protection for the environment and consumer in this area of industry a thorough evaluation of the traditional approaches to risk assessment and management is needed. To this end, this article analyses the substance-oriented approach of the REACH Regulation as the main instrument for environmental and consumer protection and compares it to the Pesticide Directive and the Biocidal Products Directive, both of which are based on a product-oriented approach. The results challenge current assumptions that the traditional regulatory approaches are sufficiently equipped to provide for adequate risk assessment towards the new properties of nanomaterials.
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