Library of Congress

Law Library of Congress

The Library of Congress > Law Library > News & Events > Global Legal Monitor

European Union: Draft Directive on the Protection of Trade Secrets

(June 12, 2014) On May 26, 2014, the Competitiveness Council of the European Union adopted a common position on a draft directive concerning the protection of trade secrets, which was initially proposed by the European Commission in November 2013. (Proposal for a Directive of the European Parliament and of the Council on the Protection of […]

European Union: Central Bank Board Member Speaks on Bitcoin

(June 6, 2014) On May 19, 2014, Yves Mersch, an executive board member of the European Central Bank, in a speech given to Cash Symposium 2014, in Germany, argued in favor of the superiority of the euro as a form of payment in comparison with virtual currencies such as Bitcoin. He commented that consumers have […]

European Union: Russia Challenges EU Energy Laws Before WTO

(May 6, 2014) In May 2014, the Russian Federation filed a formal complaint before the World Trade Organization (WTO) against the European Union (EU) on the grounds that the EU’s energy rules, the so-called “Third Energy Package,” constitute discrimination. (Benjamin Fox, Russia To File WTO Lawsuit Against EU Energy Laws, EUOBSERVER (May 1, 2014).) The […]

European Union: Commission Proposes New Standards Regulating Use of Civil Drones

(Apr. 30, 2014) On April 4, 2014, the European Commission adopted a Communication entitled “A New Era for Aviation, Opening the Aviation Market to the Civil Use of Remotely Piloted Aircraft Systems in a Safe and Sustainable Manner” (European Commission, COM (2014) 207 final, EUROPA (Apr. 8, 2014)). The Communication constitutes the Commission’s first step […]

European Union: Adoption of the Revised Tobacco Directive

(Apr. 24, 2014) On March 14, 2014, the Council of the European Union endorsed the draft Tobacco Products Directive, following the Parliament’s approval of the proposal in February 2014. The Parliament and the Council were instrumental in urging the Commission to update the 2001 Tobacco Products Directive due to gaps and inefficiencies in that Directive. […]

European Union: New Regulation on Clinical Trials

(Apr. 17, 2014) On April 14, 2014, a new regulation on the authorization of clinical trials was adopted at the European Union level by the Council of the EU. The European Parliament approved the regulation in December 2013. (Press Release, Council of the European Union, Council Adopts New Rules on Clinical Trials, CONSILIUM [Council of […]

European Union: Parliament Endorses Stricter Rules on Personal Data Protection

(Mar. 28, 2014) On March 12, 2014, the European Parliament voted on a first reading of a major reform of European Union legislation on personal data protection, which had been proposed by the European Commission in 2012. The proposal consists of two major legislative pieces: a) a comprehensive Regulation that will replace the outdated 1995/43/EC […]

European Union: Proposal to Prohibit Proprietary Trading by Banks

(Feb. 4, 2014) On January 29, 2014, the European Commission adopted a proposal to prohibit proprietary trading by banks, that is, trading by a bank on its own account in order to make a profit for the bank. If adopted, the legislation would ban banks from investing their own funds rather than those of their […]

European Union: New Recommendations to Prevent Radicalization

(Jan. 29, 2014) On January 15, 2014, the European Commission adopted a new communication designed to improve the European Union’s (EU) response to terrorist attacks by minimizing radicalization and thus reducing the risk of violent extremist acts and strengthening the measures undertaken by the Member States. (Communication from the Commission to the European Parliament, the […]

European Union: New Measures Adopted on Shale Gas Initiative

(Jan. 29, 2014) In January 2014, the European Commission put forward three measures to tackle the issue of hydrocarbon extraction by means of hydraulic fracturing. The Commission’s initiative was in response to calls for action raised by interested parties, the related industries, the public, and local and national authorities in a public consultation initiated by […]