If memory serves me correctly, according to the ADRs, "driving lights" are hi-beam lights. As such, they can only be switched on via the dip-switch. They need to be mounted high (ie normal headlamp level) so they have a chance to throw the beam down the road, a-la rally cars, and interstate trucks.
There is nothing in the ADRs relating to "fog lights". They are a matter for each state to deal with. There is no requirement for them to be any particular colour. It was only in the early days they were yellow because it was believed that yellow light penetrated fog better than other colours.
Most fog lights are effective (in fog) by virtue of the design of the lens, which casts a low, wide beam. Added to the fact that they are mounted low to shine under the fog, not through it.
If these "yuppie lamps" have any benefit, it is only as "daylight running lights". But it is still possible to "dazzle" on-coming motorists, even in daylight, if the lamps are not properly aligned.
(dezz, how can you be sure your lights don't dazzle on-coming drivers - you aren't the on-coming driver)