European Commission presents comprehensive approach for the modernisation of the World Trade Organisation

The EU's approach to the World Trade Organisation (WTO) reform outlined in a document published today will be presented to EU partners in Geneva on 20 September during a meeting on that subject convened by Canada. The European Commission has today put forward a first set of ideas to modernise the WTO and to make … Continue reading European Commission presents comprehensive approach for the modernisation of the World Trade Organisation

The General Court of the EU upholds restrictive measures adopted by the Council against a number of Russian banks and oil and gas companies in connection with the crisis in Ukraine

Since 31 July 2014, the Council has, in response to Russia’s actions to destabilise the situation in Ukraine, adopted restrictive measures against a number of Russian banks and undertakings which specialise in the oil and gas sector. Those measures impose restrictions on certain financial transactions and on the export of certain sensitive goods and technologies, … Continue reading The General Court of the EU upholds restrictive measures adopted by the Council against a number of Russian banks and oil and gas companies in connection with the crisis in Ukraine

Auditors publish Background Paper on EU competition policy enforcement

The European Court of Auditors has today published a Background Paper on the enforcement of the EU’s competition rules. Background Papers provide information on ongoing audit tasks and are designed as a source of information for those interested in the policy and/or programmes being audited. Today’s Paper is based on preparatory work for an audit … Continue reading Auditors publish Background Paper on EU competition policy enforcement

Stronger anti-money laundering supervision for a stable banking and financial sector – Questions and Answers

The Commission proposed today to further strengthen the supervision of EU financial institutions to better address money-laundering and terrorist financing threats. While the EU has strong anti-money laundering rules in place, recent cases involving money laundering in some EU banks have raised concerns that those rules are not always supervised and enforced effectively across the … Continue reading Stronger anti-money laundering supervision for a stable banking and financial sector – Questions and Answers

Vital ruling reasserts fundamental principle of client-lawyer confidentiality

The Court of Appeal ensures that clients seeking legal advice when they fear prosecution will have their confidentiality protected. So important a legal principle is the ‘legal professional privilege’ in a client’s communications with their lawyers that the Law Society of England and Wales intervened in the case – The Serious Fraud Office v Eurasian Natural … Continue reading Vital ruling reasserts fundamental principle of client-lawyer confidentiality

European Commission oversight of Member States’ application of EU Law to be strengthened, say Auditors

Opportunities exist for the European Commission to further strengthen its oversight of the way EU law is applied in the Member States, according to a new Landscape Review by the European Court of Auditors. The review looks at the Commission’s oversight activities and identifies challenges and opportunities ahead. It also points to the need for … Continue reading European Commission oversight of Member States’ application of EU Law to be strengthened, say Auditors

Shake up of legal services not backed by evidence

Widespread concerns about deregulation of the solicitor profession must be taken into account and new rules rejected by the oversight regulator, the Law Society of England and Wales said today as the Legal Services Board (LSB) considers proposals to create different tiers of solicitors and reduce consumer protections. Law Society president Christina Blacklaws said: "The … Continue reading Shake up of legal services not backed by evidence