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Court of Justice of the European Union: Recognition of Treaty Negotiations as a Legal Act, Validation of Initiative to Stop TTIP

(May 31, 2017) On May 10, 2017, the General Court of the Court of Justice of the European Union (CJEU), which, inter alia, deals with actions for annulment of European Commission decisions brought by individuals, businesses, or governments of the EU Member States, reviewed the case M. Efler and Others v. the European Commission.  The […]

New Zealand: Ratification of Trans-Pacific Partnership Agreement Completed

(May 23, 2017) On May 11, 2017, the New Zealand government completed the formal process for ratifying the Trans-Pacific Partnership (TPP) Agreement, becoming the second signatory country, after Japan, to do so. (Press Release, Todd McClay, McClay Says TPP Ratification Keeps Options Open, BEEHIVE.GOVT.NZ (May 11, 2017).) The notification of the completion of New Zealand’s applicable […]

Iceland: Central Bank Eases Currency Restrictions, Ends Financial Crisis Capital Controls

(May 16, 2017) On March 12, 2017, the Icelandic Central Bank announced that it had adopted new currency exchange rules and entered into agreements to purchase Icelandic krónur from foreign holders. (Central Bank of Iceland Concludes Agreement with Owners of Offshore Króna Assets, ICELANDIC CENTRAL BANK (Mar. 12, 2017); New Rules on Foreign Exchange, ICELANDIC CENTRAL […]

Samoa: New Approval Guidelines for Arming Police Passed

(Mar. 14, 2017) On March 7, 2017, the Samoan Parliament voted to pass the Police Powers Amendment Bill 2017, which sets out the approval requirements for police officers in the country to be armed when carrying out their duties. (Police Powers Amendment Bill 2017, Parliament of Samoa website; Lagi Keresoma, Samoa Parliament Approves New Police Powers Bill, […]

United States: Conventions Proposed by U.N. Commission on International Trade Law Submitted to Senate for Ratification

(Feb. 14, 2017) On November 16, 2016, the U.S. State Department’s Advisory Committee on Private International Law held its annual meeting to discuss ongoing work involving the negotiation and drafting of instruments governing private cross-border transactions. The Committee announced that it had sent transmittal letters for each of several treaty documents to the Senate in […]

European Union: Court Rejects Compensation of Commercial Banks over Greek Debt

(Feb. 8, 2017) In a decision issued on January 24, 2017, the General Court of the European Union determined that the European Central Bank (ECB) is not obligated to compensate commercial banks for losses they incurred in 2012 from the restructuring of Greek debt. The Court said that the ECB had not broken the law by […]

Indonesia: Revision of Mining Regulation

(Jan. 24, 2017) On January 11, 2017, Indonesia’s government issued a fourth revision to a government regulation of 2010 on the management of mineral and coal businesses. (Viriya P. Singgih, Indonesia Pledges Leeway for Obedient Miners, JAKARTA POST (Jan. 16, 2017); Implementation of Mineral and Coal Mining Business Activities, Government Regulation No. 23/2010 (the Regulation) […]

EU: New Rules Proposed to Curb Financing of Terrorism and Organized Crime

(Jan. 11, 2017) On December 21, 2016, the European Commission adopted several measures designed to fight terrorist financing and organized crime.  The measures, designed to create a strong, coordinated response to the issue of terrorist financing, result from the action plan against the financing of terrorism adopted in February 2016.  These proposals would be a […]

United Kingdom: Border Force Has Bumper Haul of Seized Christmas Counterfeit Goods

(Jan. 5, 2017) Border Force, a law enforcement agency within the Home Office that is responsible for securing the borders of the United Kingdom through enforcing immigration and customs controls, seized more than 83,000 counterfeit items, with an estimated value of £3.5 million (about US$4.3 million) at airports during just six days in December 2016.  […]

Australia: Import Ban on Lever-Action Shotguns with Magazine Capacity over Five Rounds to Continue

(Nov. 28, 2016) On November 21, 2016, during a late-night session, the Australian Senate voted on a motion, put forward by Senator David Leyonhjelm, to disallow a regulation that would continue an existing ban on the importation of lever-action shotguns with a magazine capacity of more than five rounds.  (Commonwealth, Parliamentary Debates, Senate, 21 November […]