e-News 2019 Edition 2 - Articles online

The latest pick of online articles come from the following LPD committees:

Banking Law Committee

The role of finance in achieving a well-performing economy that delivers on environmental and social goals as well

Major investments are needed to transform the EU economy to deliver on climate, environmental and social sustainability goals, including the Paris Agreement and the UN Sustainable Development Goals. Sustainable finance makes sustainability considerations part of financial decision-making. Integrating sustainability considerations will mitigate the impact of natural disasters as well as environmental and social sustainability issues that can affect the economy and financial markets.

Read Barbara Bandiera's article here.

Banking Law Committee


Arbitration Committee

Recent US Court of Appeals rulings on interim relief pending international arbitration proceedings

One method of obtaining interim relief to support an international commercial arbitration is through pre-award attachment. Depending on where relief is sought, this may implicate federal procedural law and underlying statutory law. Recent cases demonstrate that resolution of these issues in US court proceedings depends not only on the unique factual circumstances of each case, but the particularities of the underlying law and legal arguments advanced by the parties.

Read Ava J Borrasso's article here.

Arbitration Committee


Taxes Committee

Chile's approach to the taxation of the digital economy

The digitalisation of the economy poses several challenges for current tax systems throughout the world, both internally and multilaterally. Although the OECD has identified these challenges and several issues which arise from them, no definitive guidelines or approaches have been issues in this regard. Many countries are taking interim and unilateral measures to approach such challenges. It is in these circumstances that Chile envisages to introduce a new tax on digital services.

Read Manuel José Garcés and José Tomás Otero's article here.

Taxes Committee


African Regional Forum

Cybercrimes Bill: hacking, cracking, disclosing and other unlawful online activities

Computer hacking is increasing in South Africa and around the world. In November 2018, the National Assembly of South Africa adopted the Cybercrimes Bill. The Bill designates certain actions as offences to protect the confidentiality, integrity and availability of computer data and systems. It criminalises a data message that incites damage to any property belonging to, or violence against, a person or group of persons, is harmful, intimate in nature and distributed without consent.

Read Ahmore Burger-Smidt's article here.

African Regional Forum