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German Court Reserves Power to Sidestep ECJ
August 25, 2017
Bloomberg reports that, in a recent ruling on the authority of the European Central Bank to engage in certain bond-buying practices, the German Federal Constitutional Court reserved the power not to apply rulings of the Court of Justice of the EU (ECJ) allowing EU institutions to "blatantly" overstep their mandates.
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Booth: UK, EU Move Closer to Dispute Resolution Deal
August 24, 2017
Stephen Booth of think tank Open Europe writes that a recent policy paper released by the UK government outlining potential "dispute resolution" mechanisms to which UK and EU courts might submit after Brexit places Britain within striking distance of the EU negotiating position, but its impact will depend on the "scope and depth" of agreements on the UK-EU post-Brexit relationship.
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UK Paper Sparks Debate on Implications for Future ECJ Role
August 24, 2017
A policy paper from the UK government exploring options related to the remit of the Court of Justice of the EU (ECJ) in Britain after Brexit has sparked debate over whether the document signals a "climbdown" from previous government positions on leaving the ECJ or merely recognizes practical realities involved in enforcing future trade and immigration deals with the EU.
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Finance Companies Support EU Transaction Tax
August 23, 2017
A press release from Oxfam celebrates a letter from 52 finance professionals calling for a group of EU member states to impose a "small" tax - deemed a "Robin Hood Tax" by Oxfam - on financial transactions to raise "substantial revenue" for people "in urgent need" throughout Europe and elsewhere in the world.
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UK Confirms End to "Direct" ECJ Jurisdiction After Brexit
August 23, 2017
Reuters reports that a new paper from the British Government confirms its plans to end the "direct jurisdiction" of the Court of Justice of the EU (ECJ) in the UK after the country leaves the EU, though officials stated that British courts may continue to take into account ECJ decisions in post-Brexit judgments.