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This article is an excerpt from GovLoop’s virtual summit e-book, “ Forget About Transformation & Get Stuff Done.” “Not just asking people,” he said, “but really diving into what was going on in their lives and how we could make some changes.”. Organizations that do not embrace the mantra ‘People First.
Smart Public Procurement Can Contribute to Marofiscal Stability Smart public procurement spending can be a critical area for improving fiscal balances because it can improve the effectiveness of public expenditure by reducing waste. Better fiscal balances will contribute to greater macroeconomic stability.
This change in perspective is especially crucial now, as many LAC countries are undergoing fiscal consolidation to balance their budgets and reduce debt levels while facing increasing pressure from their populations to tackle key development challenges. Calibrate escape clauses to accommodate economic shocks.
As discussed below a recurring theme was the need to find a balance between having model clauses that were, on the one hand, innovative and likely to lead to faster and more efficient resolution of disputes in practice, while, on the other hand, containing sufficient quality and due process safeguards. The proposal drew stark views.
The Evropaïki Dynamiki (ESP-ISEP) Judgment has been issued on the basis of Article 100(2) of Council Regulation (EC, Euratom) No 1605/2002 of 25 June 2002 on the Financial Regulation applicable to the general budget of the European Communities (OJ 2002 L 248, p. 1) (‘the Financial Regulation’). 114) (‘Directive 2004/18’).
This paper considers the prevailing approaches taken across different jurisdictions and ultimately proposes an alternative approach for common law to strike a better balance among all competing interests. Increasingly, corporations and other non-State actors are parties to such disputes.
One of the most significant changes in the New Law is its broader scope, which now regulates both foreign and local investors in the KSA in Article 1, unlike the Old Law, which was limited to foreign investors. In contrast, under Article 5.2 Notably, Article 4.1 See Foreign Investment Law, Articles 7 and 11.
This article analyses fifteen arbitration cases in which the respondent argued that the claimant contributed to its injury, either as a result of the investor’s bad business judgment or because the investor’s behaviour provoked the state’s wrongful conduct.
The goal is to ensure transparency in class arbitration proceedings involving stock market investors, corporations, officers, and major stakeholders (“Securities Disputes”), seeking to further protect the investors’ interests. 2.925/2023 (“ Bill ”) is intended to amend federal law no. 80/2022 (“Resolution”), Annex I, art.
While the 2011 Rules contained 5 Sections with 48 Articles, the 2024 Rules contain 6 Sections with 56 Articles and 4 annexes. The 2024 Rules aim at increasing efficiency, flexibility and transparency of arbitral proceedings conducted under the auspices of the CRCICA.
Introduction: In the realm of Canadian public sector procurement, understanding the fundamental principles of contract law is essential for ensuring fair, transparent, and effective practices. This article delves into the core concepts of Canadian contract law and examines their practical applications within the context of procurement.
The Arguments Mr Goren’s objection to publication included the following arguments: Article 30 of the LCIA rules contains an undertaking by the parties and tribunal to keep confidential all awards and materials in the arbitration. Once joined to the arbitration, he may have had an expectation of confidentiality pursuant to LCIA Article 30.
While much attention is being paid to ways to harness the power of AI, equally important are questions of safety and transparency, and the balance of collaboration between government and industry to advance strategic leadership in the global AI race.
While much attention is being paid to ways to harness the power of AI, equally important are questions of safety and transparency, and the balance of collaboration between government and industry to advance strategic leadership in the global AI race.
“What people are expecting is personalized, online, digital services for those things that can be digitized,” said Charlie Francis, Senior Consultant at Questica, which provides multi-user budgeting, performance measures, transparency and data visualization software for governments. It’s a level of service guide.
Article 34 of the Mining Code establishes that no exploration and exploitation can be performed in areas declared and delimited by environmental authorities as “protected areas,” called “mining exclusion zones.” The tribunal ruled that FET should not be taken as a standalone principle and must not go beyond the scope of MST.
Article 34 of the Mining Code establishes that no exploration and exploitation can be performed in areas declared and delimited by environmental authorities as “protected areas,” called “mining exclusion zones.” The tribunal ruled that FET should not be taken as a self-standing standard, it is part of MST and must not go beyond its scope.
Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. By 2025, many Directors will be Millennials and will drive to find renewable disposition and consumption approaches to resources while balancing ways to drive revenue. Sustainability.
In this regard, states and stakeholders would have to work on finding a more balanced approach which takes into account public participation, transparency and steps to make it more legitimate in the eyes of public. Where do We Stand? AI and energy transition are expected to play a significant role in the global economy.
This article explores practical approaches to streamline public sector procurement processes and focuses on increasing participation from Small and Medium-sized Enterprises (SMEs). Thankfully, there are methods that encourage procurement simplification and SME participation while maintaining a balance between risk, quality, and standards.
Find the summary of their advice in this article or watch the full conversation here. Educate on the benefits to both them and the organization if the rules are followed—such as spending budget efficiently, increased transparency, avoiding legal issues, streamlined workflows, etc. Everyone has to buy in.”
Transparency is the general rule in all arbitrations with state parties. It’s a fine balance. Conclusion Much like what happened when Bumble appeared, BRAMIA tilts the power balance back towards the party which often finds itself more exposed, putting them in a more comfortable setting.
Transparency is the general rule in all arbitrations with state parties. It’s a fine balance. Conclusion Much like what happened when Bumble appeared, BRAMIA tilts the power balance back towards the party which often finds itself more exposed, putting them in a more comfortable setting.
Is greater transparency needed for revolution? The panel considered this question against the need to maintain confidentiality and balance competing common and civil law practices. Institutions have evolved to keep up with the expectations of users.
But unlike the fair administrative treatment in the PIA, the standard under Article 14 does not, at least explicitly, protect investors from arbitrary or manifestly arbitrary measures. See e.g., PSEG v Turkey , ICSID Case No. ARB/02/5, Award , ¶ 240; Infinito Gold Ltd.
On balance, emotion AI should be embraced, albeit within responsible and ethical boundaries. Robust data protection measures, transparency, adherence to local, national, and international laws, and a mechanism for challenging outcomes are needed (see e.g., the European Union’s Artificial Intelligence Act ).
For instance, the IBA Report notes that the Morocco Model BIT prevents investors and investments from initiating dispute settlement under its provisions if they have not complied with anti-money laundering, bribery, corruption, and anti-terrorist standards outlined in Article 19 of the Model BIT (IBA Report, pp.
The EU submission The EU submission notes that current WTO rules are not effective in tackling industrial subsidies, especially due to a lack of transparency in some Members’ interventions in the market.
The administration of the tax would require a single tax return (consolidated balance sheet of the mega MNE) to be filed with the tax authorities of the country where the ultimate parent company is domiciled, and the information would be shared with the other countries.
It is noteworthy in this regard that the right to good administration under Article 41 of the Charter of Fundamental Rights of the European Union (OJ 2007 C 303, p. GC T-183/10, at paras 27 to 40, emphasis added, own translation from French). 46 The statement of reasons in the contested decision is thus sufficient in law. (GC
The other group suggested enhancements and more pronounced checks and balances of the existing arbitration system. Paschalis Paschalidis has written the second article on the 2019 BLEU Model BIT, which reflects a vision of the future of investment protection within the EU and would no doubt have significant impact on future treaty drafting.
For contracts being developed or negotiated during this period of unusually high inflation, an EPA clause may be an appropriate tool to equitably balance the risk of inflation between the Government and contractor. Tenaglia wrote the following. 62] Schott Gov’t Servs., United States is instructive. [63] 62] AT&T Commc’ns, Inc. 64] See id.
Lire cet article en Français The potential of open data to transform governance and public services is immense, but realizing this potential requires overcoming common obstacles. Trust and transparency will be prioritized as more data is collected and leveraged. This will empower employees to use data effectively in their roles.
The PAP includes other directives and guidance that raise questions regarding equity and balance in the evaluation and negotiation of FSS pricing terms. Importantly, this process should be transparent, providing all stakeholders, including the public, the opportunity to provide feedback on any proposed revisions.
As clarified, Section 181 only applies to disputes that arise from implementation of articles of incorporation or bylaws, and those which arise from intra-corporate relations. This article is submitted in a personal capacity. It does not apply to listed corporations, criminal offenses, or disputes involving third parties.
If there was a balance in the regulation where social impact and price and technical proposal and past performance, if all of those were weighted equally, then the government would truly get the best value and the best benefit from each of those contracts. A lot of those things are now becoming a priority and a requirement of the program.
It was held that unilateral arbitrator appointments undermine this principle, tilting the balance in favour of the appointing party. In case of public-private contracts involving government entities, unilateral appointment clauses would also violate the non-arbitrariness standard in Article 14 of the Constitution.
The EO directs Independent Regulatory Agencies to clarify responsibilities, conduct due diligence and monitor third-party AI services they use, and to clarify expectations and requirements related to the transparency and explainability of AI models. View the full article
This article reports on the second day of the JCAA Arbitration Days, held in hybrid format on 21 November 2024. JCAA aims to strike a balance between efficiency and quality by providing a reasonable amount of scrutiny performed by its secretariat. Miriam Rose Ivan L.
These revised rules are aligned with global best practices and aim to enhance the efficiency, transparency, and flexibility of the arbitration process, solidifying QICCA’s position as a leading international arbitration institution within the MENA region. Article 12.3 Article 12.2
This was followed by a panel led by Mr. Pedro Martini, which focused on the possibility of restoring contractual balance. He emphasized that transparency is beneficial and can help combat fake news, thereby legitimizing the arbitration process. Niamh Leinwather , discussed the media’s influence on arbitration. Similarly, Ms.
The Canadian Public Sector Landscape The Canadian public sector is characterized by its commitment to diversity, inclusivity, and transparency. A balance must be struck; humour should enhance the narrative rather than detract from it. Context Matters The appropriateness of humour can vary depending on the context.
Transparency : Arbitral institutions have typically shied away from disclosing reasons for their procedural decisions. The Rules represent a delicate balancing act in addressing issues of legitimacy while also focusing on efficiency. Combined with a host of other factors, arbitration has been facing an increasing legitimacy crisis.
The Working Group III, during its 47th and 48th sessions (succeeding the 43rd and 46th discussions), discussed the draft statute of the Advisory Centre, which, per articles 6 and 7 of the draft statute, has the mandate of capacity building and provision of legal support and advice with regard to an international investment dispute proceeding.
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