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These topics were the focus of a three-day Regional Seminar on International Taxation, held in Brasilia on June 11-13, 2024, which marked a significant milestone in the work of the Inter-American Development Bank (IDB) and its partners in helping Latin America and the Caribbean (LAC) address critical tax policy challenges.
Impact of the EU Due Diligence Legislation on International Arbitration Yulia Levashova underlined the potential impacts of the ongoing EU’s Corporate Sustainability Due Diligence Directive (CS3D) on foreign investors, commercial matters, and arbitrations. Similarly to cases involving corruption or money laundering.
Article 6 deals with general technical assistance and “capacity building”, such as advice on dispute prevention, trainings, seminars, exchange of experience and serving as a repository of information. Its mandate involves two pillars, reflected in Articles 6 and 7 of the draft statute. 37, and January 2024 Session Report , paras. 43 and 85).
Earlier in 2024, Felipe Nazar , Silvia de Paz , and Mara de Arcos noted an increasing number of arbitrations involving issues such as environmental permits, green incentives, social licensing requirements, and corruption. This decision joins the repertoire of cases in which tribunals have declined jurisdiction based on corruption allegations.
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