Auditors welcome greater protection for whistleblowers in the EU

A proposed system to protect persons reporting breaches of EU law – known as whistleblowers – could increase their legal rights in all Member States and give citizens a central role in ensuring EU rules are applied in the context of their work, according to a new Opinion from the European Court of Auditors. The … Continue reading Auditors welcome greater protection for whistleblowers in the EU

EU adopts tougher rules on money laundering

On Thursday 11 October, the Council adopted a new anti money laundering directive. This directive introduces new criminal law provisions which will disrupt and block access by criminals to financial resources, including those used for terrorist activities. The new rules include: establishing minimum rules on the definition of criminal offences and sanctions relating to money laundering. Money laundering … Continue reading EU adopts tougher rules on money laundering

The unfairness of an unclear contractual term which places the exchange rate risk on the borrower and does not reflect statutory provisions may be subject to judicial review

In February 2008 Ms Ilyés and Mr Kiss concluded with a Hungarian bank a credit contract for the provision of a loan denominated in Swiss francs (CHF). According to the contract, although the monthly repayment instalments were to be paid in Hungarian forints (HUF), the amount of those instalments was to be calculated on the … Continue reading The unfairness of an unclear contractual term which places the exchange rate risk on the borrower and does not reflect statutory provisions may be subject to judicial review

Infringements: Commission refers Greece, Ireland and Romania to the Court of Justice for not implementing anti-money laundering rules

Today, the Commission referred Greece and Romania to the Court of Justice of the EU for failing to implement the 4th Anti-Money Laundering Directive into their national law. Ireland implemented only a very limited part of the rules and is therefore also referred to the Court of Justice. The Commission proposed that the Court charges a … Continue reading Infringements: Commission refers Greece, Ireland and Romania to the Court of Justice for not implementing anti-money laundering rules

Judgement in Case C-89/17 Secretary of State for the Home Department v Rozanne Banger

Where an EU citizen returns to his Member State of origin, that Member State must facilitate the entry and residence of the non-EU partner with whom that citizen has a durable relationship. A decision to refuse such a residence authorisation to the non-EU partner must be founded on an extensive examination of the applicant’s personal … Continue reading Judgement in Case C-89/17 Secretary of State for the Home Department v Rozanne Banger

Security Union: Commission welcomes agreement on stronger rules criminalising money laundering

The Commission welcomes the agreement reached by the European Parliament and the EU Member States on strengthened criminal law measures to counter money laundering. The new rules, proposed by the Commission in December 2016, will harmonise offences and sanctions for money laundering, ensuring that dangerous criminals and terrorists face equally severe penalties for their crimes across … Continue reading Security Union: Commission welcomes agreement on stronger rules criminalising money laundering

Commercial agents are entitled to the indemnity and compensation provided for even if termination of the agency contract occurs during the trial period

Judgment in Case C-645/16 Comseils et mise en relations (CMR) SARL v Demeures terre et tradition SARL In 2011, DTT concluded a commercial agency contract with CMR under which CMR was required to sell 25 individual houses per year on behalf of DTT. That contract provided for a 12 month trial period during which each … Continue reading Commercial agents are entitled to the indemnity and compensation provided for even if termination of the agency contract occurs during the trial period