International Finance

International Law and the Global Forum on Transparency and Exchange of Information for Tax Purposes

The first automatic exchanges of tax information took place in September 2017 and implementation will continue through 2018 based on Common Reporting Standards (CRS) among 102 countries and jurisdictions through the framework of the Global Forum on Transparency and Exchange of Information for Tax Purposes (Forum).[1] The automatic exchange of information (AEOI) allows tax authorities to receive financial account information about their taxpayers from foreign authorities without having to send a specific request.

Topic: 
Volume: 
21
Issue: 
13
Author: 
Yurika Ishii
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Singapore Court Reinstates Award against Laos, Finding Laos-China BIT Extends to Macao (September 29, 2016)

Author: 
Eric A. Heath

On September 29, 2016, the Singapore Court of Appeal ruled in Sanum Investments Limited v.

Hedge Fund Firm Och-Ziff to Pay $412 Million for FCPA Violations Related to Bribery Schemes in DRC and Libya (September 29, 2016)

Author: 
Eric A. Heath

On September 29, 2016, the U.S.

ICISD Tribunal Rules Against Philipp Morris, Finding Uruguay’s Tobacco Control Measures Do not Violate Switzerland-Uruguay Bilateral Investment Treaty (July 8, 2016)

Author: 
Catherina Valenzuela-Bock

On July 8, 2016, an arbitral tribunal constituted under the auspices of the International Centre for Settlement of Investment Disputes (ICSID) issued an

Dutch Court Overturns $50 Billion Judgment against Russia in Yukos Arbitration (April 20, 2016)

Author: 
Saiena Shafiezadeh

On April 20, 2016, the Hague District Court in the Netherlands overturned a fifty billion do

The European Commission’s Proposal of an “Investment Court System” for TTIP: Stepping Stone or Stumbling Block for Multilateralizing International Investment Law?

On November 12, 2015, the European Commission submitted to the United States its Official Proposal for the establishment of an “investment court system” in the Transatlantic Trade and Investment Partnership (TTIP) currently under negotiation.[1] The Proposal provides for a two-tiered Tribunal to hear investor-state disputes, consisting of a Tribunal of First Instance and an Appeal Tribunal. For TTIP, the Tribunal is composed of twenty-one members, who are appointed by the European Union and the U.S.

Topic: 
Volume: 
20
Issue: 
9
Author: 
Stephan W. Schill
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Argentina Reaches Deal with American Hedge Funds (February 29, 2016)

Author: 
Catherina Valenzuela-Bock

On February 29, 2016, Argentina reached an agreement with several U.S.

Barclays Pays $2.5m for Apparent U.S. Sanctions Violations (February 10, 2016)

Author: 
Catherina Valenzuela-Bock

On February 10, 2016, the U.S. Treasury’s Office of Foreign Asset Control (OFAC) reached a settlement with Barclays Bank for apparent violations of the Zimbabwe sanctions regulations.

2015: The Year of Reorienting International Investment Law

In the Chinese calendar, 2015 was the year of the sheep: a follower rather than a leader. Yet for international investment law, 2015 was a year of transformation, signaling a possible reorientation along a new path. This Insight reflects on some of the key moments reflecting such a transformation or reorientation in treaty law and practice: the draft model bilateral investment treaties of India and Norway, the public release of the agreed text of the Trans-Pacific Partnership (TPP), and the European Commission’s proposal for a new investment court.

Topic: 
Volume: 
20
Issue: 
3
Author: 
Barnali Choudhury
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