-
EU Countries Reject Money-Laundering “Blacklist”
March 08, 2019
EU member states have unanimously rejected a proposed “blacklist” imposing enhanced monitoring requirements on EU banks operating in certain non-EU countries and US territories accused of lax money-laundering enforcement, as national officials asserted the list “was not established in a transparent and resilient process.”
-
UK Official Raises ECHR as Obstacle to Brexit “Backstop”
March 08, 2019
The Guardian reports that, in recent talks with EU negotiators, UK Attorney General Geoffrey Cox argued that the Irish border “backstop” contingency measure in the UK-EU withdrawal deal could violate the rights, under the European Convention on Human Rights, of the Northern Irish people to democratic representation in EU institutions.
-
UK Confirms Continuity of UK-EU Air Travel After Brexit
March 08, 2019
The UK Department of Transport has issued a press release confirming that, based on UK government measures and a soon-to-be-finalized EU aviation regulation, a no-deal Brexit scenario will not affect flights between the UK and EU.
-
Document Indicates End of EU “Digital Tax” Effort
March 07, 2019
Reuters reports that, according to a document from the presidency of the Council of the EU, EU finance ministers are set to reject a proposal for a bloc-wide “digital tax” on multinational tech companies in favor of working on tax reform on a global level at the Organisation for Economic Co-operation and Development.
-
EU Budget Includes Development of “European Area of Justice”
March 07, 2019
An agreement reached by the European Parliament and Council of the EU on portions of the EU budget supporting the development of an integrated “European area of justice” includes “monitoring activities” to understand “obstacles to the smooth function” of legal systems across the EU.