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EU Ministers Advance Reporting Mandates for Tax Planners
March 30, 2018
EU economic and financial affairs ministers have reached a deal on new rules requiring financial intermediaries, such as accountants and tax planners, to report to tax authorities "complex cross-border financial schemes" they have constructed to help lower their clients' tax bills, and establishing a central EU database containing information on these structures.
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Philippines Body Prepares Hearings on Climate Impacts
March 30, 2018
Climate Home News reports that the Philippines Human Rights Commission is preparing to hold hearings in Manila, New York, and London in an effort to determine the impacts of major oil producers on climate change and to hold them accountable for the suffering inflicted on Filipino communities by recent extreme weather events.
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UN Rights Chief Pushes Papua New Guinea on BHR Agenda
March 30, 2018
The UN High Commissioner for Human Rights urged the government of Papua New Guinea to prevent, investigate, and punish human rights abuses, especially those in violation of the global business and human rights (BHR) agenda, and pushed for the creation of an independent national human rights body to enforce rights protections.
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EC Creates Group to Propose AI Ethics Standards
March 29, 2018
The European Commission (EC) has announced the creation of an expert group to propose guidelines for companies in ensuring that the development of artificial intelligence (AI) abides by ethical standards and the EU Charter of Fundamental Rights.
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EC Sets out "Sustainable Finance" Action Plan
March 29, 2018
The European Commission (EC) has produced an action plan describing how it will encourage the alignment of the EU finance sector with the UN Sustainable Development Goals (SDGs), including by pushing for recognition of a "duty" of investors to take the SDGs into account in their investment decisions and for corporate reporting on "sustainability" issues.
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