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Investor Group Launches Initiative on Easing Green Finance
May 31, 2019
A group of European financial institutions is leading a new initiative of the Institutional Investors Group on Climate Change aiming to lay the groundwork for investors to align their portfolios with the goals of the UN’s Paris climate deal by divesting from fossil fuel projects.
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EC Requests Study on Corporate Due Diligence Proposals
May 30, 2019
The European Commission (EC) recently requested a study from the British Institute of International and Comparative Law paving the way toward an EU-wide proposal on requiring businesses to perform due diligence on human rights and “sustainability” impacts in their supply chains.
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ECJ: German Prosecutor Cannot Issue EU Arrest Warrant
May 30, 2019
The Court of Justice of the EU (ECJ) has determined that the German public prosecutor’s office does not have sufficient independence from the government to permit the execution of a European Arrest Warrant, which requires issuance by a “judicial authority.”
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UK Lawmakers Reject PM’s New Plan on Brexit
May 30, 2019
The Guardian reports that UK Prime Minister Theresa May’s latest attempt to pass her Brexit deal, by offering a binding vote on a new EU referendum if it succeeds, has failed, as at least 20 members of her party who originally supported her deal with the EU opposed the new plan.
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Swiss Approve Gun Controls Parallel to EU Standards
May 30, 2019
The New York Times reports that Swiss voters have approved tighter gun controls in line with EU laws after Swiss authorities warned that failure to adopt the measure could threaten citizens’ access to the Schengen free travel area.
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