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German Official: EU Must Retain "Major Part" of Euro Clearing
August 02, 2017
City A.M. reports that German Finance Minister Wolfgang Schäuble has called for the EU to retain the "major part" of the clearing of euro-denominated currency, much of which is currently located in London, within its territory after Brexit.
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EU Allows Cross-border "Investigation Orders"
August 02, 2017
The European Commission has announced the entry into force of the European Investigation Order, an initiative to "simplify and speed up cross-border criminal investigations" by allowing judges to commandeer the law enforcement authorities of other EU member states to obtain evidence within their territories.
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EU Parliament Seeks Legal Action on Refugee Sharing
August 02, 2017
The European Parliament adopted a resolution in May calling on countries to fulfill their commitments under EU legislation to relocating refugees within their territories and calling for the European Commission to consider legal action against countries that refuse to do so.
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ECtHR: Lithuanian Life Sentences Violate Rights
August 02, 2017
The European Court of Human Rights (ECtHR) has held that various measures permitting the review in Lithuania of prisoners' life sentences for aggravated offenses, including a presidential pardon process, did not allow these prisoners a sufficient prospect of release as required by European human rights law.
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EU Launches "Low-Ambition" Military HQ
August 01, 2017
The Daily Telegraph reports that British officials are branding a much-anticipated EU Military Planning and Conduct Capability headquarters launched in May a bare "call centre" comprising fewer than 10 people who all already have existing jobs and cannot command military operations.
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