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EU Issues Proposals for Post-Brexit Euro Clearing Rules
July 19, 2017
The New York Times reports that, in the lead-up to the UK general election in June, the European Commission published a set of proposals indicating that, following Brexit, EU institutions would still seek to regulate firms located in the UK that perform euro clearing transactions and that "play a key systemic role for EU financial markets."
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UK Conservatives Drop ECtHR Pledge
July 19, 2017
The International Business Times reports that, prior to the country's general election in June, the ruling UK Conservative Party dropped its pledge to loosen or cut ties with the European Court of Human Rights (ECtHR) in the near future to make room for the time required for Brexit negotiations.
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EU Calls for Future Phaseout of Border Controls
July 19, 2017
In a recent recommendation, the European Commission called on Austria, Germany, Denmark, Sweden, and Norway to phase out their temporary border controls over the next six months, finding that the EU has made sufficient progress in securing the bloc's external borders from large waves of migration to justify opening borders within the Schengen area.
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EU Guides Citizens on Environmental Lawsuits
July 19, 2017
The European Commission has published a guide for citizens in EU member states on how to sue their governments in national courts for failing to fulfill legal obligations relating to the environment.
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UK Negotiator Maintains Hard Line on ECJ
July 19, 2017
According to The Daily Express, UK Brexit Secretary David Davis has indicated that the UK will not accept any proposal by the EU that provides for the jurisdiction of the European Court of Justice (ECJ) in Britain after the UK leaves the bloc.
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