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Lawyers Praise French BHR "Vigilance" Penalties
January 02, 2018
Stéphane Brabant and Elsa Savourey of the law firm Herbert Smith Freehills write that, while the elements of a French law creating a civil action for alleged victims of business and human rights (BHR) violations by French companies remain relatively weak, its penalties on companies for failing to monitor BHR violations of their subsidiaries could serve as an effective deterrent.
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Oxfam: EU Must Sanction Dozens of "Tax Havens"
December 29, 2017
The nongovernmental organization Oxfam has called on EU institutions to include in their "tax haven blacklist" at least 35 countries, including "notorious tax havens such as Switzerland and Bermuda," to ensure appropriate sanctions on countries that enable corporate "tax dodging."
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NGO Campaign Seeks Strengthened OECD Contact Points
December 29, 2017
The nongovernmental organization OECD Watch has launched a "Remedy Campaign" pushing national governments to heighten the visibility of their National Contact Points for the OECD Guidelines for Multinational Enterprises and strengthen their authority to sanction companies they find have violated the Guidelines.
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Academic: Embed UNGPs in Investment Deals
December 29, 2017
Tara Van Ho of the Aarhus University Department of Law advises countries negotiating international trade agreements to include commitments to the UN Guiding Principles on Business and Human Rights (UNGPs) in these deals to facilitate legal claims in international investment tribunals against businesses over alleged human rights violations.
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Finland Produces Guide on "Socially Responsible" Procurement
December 29, 2017
Finland's Ministry of Economic Affairs and Employment has published a guide for public-sector agents on how to adopt "socially responsible public procurement" processes that take into account "social considerations," such as working conditions and corporate social responsibility, in public procurement of goods and services.