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ECB, U.K. Reach Deal on Clearing Houses
April 09, 2015
Reuters reports that following a pro-U.K. ruling at the Court of Justice of the EU, the Bank of England and the European Central Bank ("ECB") have reached a deal that will permit U.K. clearing houses to continue handling euro-denominated securities transactions.
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German Bank Challenges ECB Regulatory Authority
April 08, 2015
The Wall Street Journal reports that a small German lender has filed suit at the European Court of Justice against the European Central Bank ("ECB"), challenging the ECB's assumption of authority from national governments to monitor and regulate banks within the EU.
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European Network: Deepen Implementation of ECHR
April 08, 2015
Meeting in Brussels, members of the European Network of National Human Rights Institutions ("NHRIs") adopted a declaration expressing support for the full implementation of the European Convention on Human Rights ("ECHR") by NHRIs.
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ECHR Rules Against Italy in "Torture" of Protesters
April 08, 2015
The European Court of Human Rights ("ECHR") has found that the beating of a 62-year-old protester at a G-8 Summit in Genoa by the Italian authorities amounted to torture and has criticized the Italian Government for not holding these authorities accountable.
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Ireland: Doctors Cannot Comply with EU Working Time Rules
April 08, 2015
Ireland's Health Service Executive says the country's health system must go through substantial "reconfiguration" to meet the standards set out by the EU working time directive and that non-consultant doctors will not be in compliance with the directive until 2017.
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