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The European Court of Auditors published yesterday its report on EU public procurement between 2011 and 2021 , looking into the competition for public contracts covered by EU rules. We also note that some of the objectives of the 2014 reform may at times go against the overarching objective of ensuring competition in public procurement.”
authorities announced major settlements with defense contractor RTX (formerly known as Raytheon Technologies Corporation) over allegations that the company violated both the Foreign Corrupt Practices Act (FCPA) and False Claims Act (FCA). On October 16, U.S. Department of Justice (DOJ) announced a $950 million settlement while the U.S.
With its mix of charm, history, and major public works set to transform its infrastructure for the future, Rome was the perfect backdrop for our event which was all about harnessing our collective knowledge to make procurement more results-driven, transparent, and impactful across Europe. This trend started long before Covid.
As these common “green procurement” strategies are adopted by governments around the world, the UN Commission on International Trade Law (UNCITRAL) model law on public procurement , last revised in 2011, could be updated to facilitate implementation.
Last updated in 2011, the CRCICA 2011 Rules (“ 2011 Rules ”), the 2024 Rules have been amended to meet the needs of users and evolving dispute resolution and trade landscapes. While the 2011 Rules contained 5 Sections with 48 Articles, the 2024 Rules contain 6 Sections with 56 Articles and 4 annexes.
It had reinstated in late 2022 a policy over 2011-13 of not agreeing to ISDS in new IIAs. This is important indeed, but enhanced transparency risks aggravating issues, especially when complex. However, as with the JSCOT procedure in Parliament, enhanced transparency risks instead aggravating concerns in Australia around ISDS.
Accordingly, in May 2011, the Von Humboldt Institute issued Resolution No. In 2011, the environmental authority denied Eco Oro’s application for an environmental license for a large-scale mining project in a páramo , adjacent to Red Eagle’s mining titles.
Scope of Application Differently from traditional investment agreements, the stated purpose of the SIFA is not only to foster foreign direct investment (“FDI”) (Article 1), but also to do so in a manner that integrates environmental and labour standards, transparency, and corporate social responsibility.
GTI-WP/2020:01, Budapest: Government Transparency Institute. It establishes a robust methodology to explore what impacts can be measured and also explores the channels through which transparency is indeed impactful – e.g. who are the stakeholders and enablers that are the actual drivers of change using increased transparency.
Accordingly, in May 2011, the Von Humboldt Institute issued Resolution No. As indicated by the Tribunal, during 2010 and 2011, Eco Oro’s application for an environmental license in an adjacent mining zone to Red Eagle’s mining titles was seriously impacted by the Santurbán Páramo ‘s preliminary and temporary delimitation.
Transparency : Arbitral institutions have typically shied away from disclosing reasons for their procedural decisions. The Rules, arguably, go further than most other major arbitral institutional rules in terms of transparency in decision making. However, the provision of such reasons is at SIACs discretion.
We will conduct a survey at the five-year mark to update the benchmark 2020 Australian Arbitration Survey to help track progress of evolving user needs, and will continue to be transparent about sharing data, as we did in our 2022 Reflections Report and release of case load statistics. In 2024, this figure is at 60%.
A Special Address was then delivered by Chief Justice Devendra Kumar Upadhyaya of the High Court of Bombay where he noted the growing focus on green arbitrations, increased use of technology, greater transparency, diversity, and procedural changes as part of various reforms in international arbitration.
Revamped Rules Issued by the Cairo Regional Centre for International Commercial Arbitration (“CRCICA”) Last updated in 2011, the CRCICA recently revamped its rules which came into force on 15 January 2024. Arbitration Events Arbitration weeks and days have increased exponentially over the last few years.
Standardization of case law : CCEE recognizes the importance of maintaining a database of the arbitral decisions to promote transparency concerning the application of regulatory rules. In short time, the AI was corrupted by the users and started sending out violent messages.
As Black History Month transitions into Women’s History Month, WNN highlights Dr. Toni Savage, Bunny Greenhouse, and Dr. Duane Bonds, whose outspoken whistleblowing activity against corruption led to significant change. In 2011, she agreed to a settlement of $970,000 in full restitution of lost wages, compensatory damages, and attorney fees.
Unless and until Mongolia embraces a stable business environment that transparently creates and predictably implements laws and regulations, investors will likely find Mongolia too risky and opt for more competitive countries. In 2011, the tribunal ruled that the windfall profit tax did not breach the BIT. State Department.
The Berman ruling highlights the California Supreme Courts commitment to invalidating arbitration clauses that do not adhere to principles of fairness and transparency, reinforcing the states pro-consumer stance. Concepcion 563 U.S. A notable case illustrating this is Asturcom Telecomunicaciones SL v.
The workshop background note explained that “the RTI act in India changed the discourse and scope of whistleblowing, opening a huge tapestry of exposes through transparency, public disclosure, investigation, follow-up, and complaints based on documents and proof.
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