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Many of you will know that weve always been interested in opening up and improving the procurement and contracts that underpin mega-sporting events, which have – all too-often been – vectors for cronyism, corruption or massive mis-spending. Nine implementing bodies are involved, with Simico S.p.A. of allocated funds.
The EPPO has the power to investigate, prosecute and bring to judgment crimes against the EU budget, such as fraud, corruption or serious cross border fraud. In its ImpactAssessment Report for the new customs reform, the European Commission also indicated this procedure as being prone to fraud.
For instance, the South African Development Community Model BIT Template mandates investors to conduct an environmental impactassessment ( Art. 34) already has such provisions in place.
To obtain an environmental license, the investor must obtain approval from the environmental authority of (i) an Environmental ImpactAssessment and (ii) an Environmental Management Plan (“PMA”). The views expressed herein are those of the authors, and do not necessarily reflect those of their employer.
To obtain an environmental license, the investor must obtain approval from the environmental authority of (i) an Environmental ImpactAssessment and (ii) an Environmental Management Plan (“PMA”). The views expressed herein are those of the authors, and do not necessarily reflect those of their employer.
Procurement rules and policies seek to ensure that contract awards are free from corruption, conflicts of interest or anticompetitive practices, and that these vast sums of public funds generate value for money and support social, environmental, and innovative practices.
In certain situations, deployers have additional duties to carry out data protection impactassessments (Article 26(9)) and cooperate with national EU authorities (Article 26(12)). In case of non-compliance, financial and non-financial sanctions are foreseen (Article 99).
Ex Ante ImpactAssessments and Ex Post Reviews Another important lawmaking standard that is encouraged relates to conducting both ex ante and ex post reviews of measures of general application. Affordance of a reasonable time between the enaction of a law and regulation and its date of application (Article 8, no. Article 25 (no.
Investors frequently make expenditures in the preparatory phase of an investment, such as environmental impactassessments , scientific surveys, or financial advice. When are these expenditures considered an investment?
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