scholarly journals Human Rights in the Light of the Process of Financialisation

2021 ◽  
Vol 26 (5) ◽  
pp. 161-185
Author(s):  
Tomasz Nieborak
Keyword(s):  
European Union ◽  
Human Rights ◽  
Everyday Life ◽  
Financial Market ◽  
Market Regulation ◽  
The European Union ◽  
Financial Market Regulation ◽  
The Core ◽  
Business And Human Rights ◽  
Rights Issues

Abstract The article deals with the challenges resulting from financialisation, in which we observe an increasing impact of the financial sphere in man’s everyday life. It also considers the effect of this process on the functioning of societies and concludes that the process of creating and applying financial market law must be redefined and human rights issues taken into account. In addition to the activity of the UN and the European Union in promoting the concept of business and human rights, the experiences of recent years show that combining human rights with financial market regulation is possible. To achieve this, however, many actors must be involved and a specific understanding of human rights and values must be adopted, and their protection should constitute the core of the legislator’s activity.

scholarly journals Human Rights Relationship between the European Union and China: The EU Approach to the Post-Tiananmen Incident and Xinjiang Crisis in China

2021 ◽  
Vol 4 (1) ◽  
pp. 108-116
Author(s):  
Mur-Hamida Sapaih Eldani
Keyword(s):  
European Union ◽  
Human Rights ◽  
The European Union ◽  
Human Rights Violation ◽  
Rights Issues ◽  
The Eu

This paper specifically deals with the European Union and China Human Rights, Tiananmen, and Xinjiang. As a human rights promoter and protector, the EU turned its attention to the human rights violation issues in Tiananmen and Xinjiang. This work propels the readers to realize the EU’s efficiency and approach on human rights issues. By reviewing literature works related to the study’s theme, this review essentially examines the EU approaches in the post-Tiananmen and Xinjiang human rights dilemma. Also, it scrutinizes how the EU’s Human Rights differ from China and its impact on their human rights relationship. It indicates that the EU response during the post-Tiananmen and Xinjiang crisis was relatively weak and insufficient. Correspondingly, the diverse concept of human rights between the EU and China and their conflicting views lessen their human rights negotiations and decrease the chance of stable human rights relations.

Part II The Transatlantic Dialogue, 7 The New European Capital Markets

2021 ◽  
Author(s):  
Jordan Cally
Keyword(s):  
Financial Market ◽  
Capital Markets ◽  
Market Regulation ◽  
Technical Expertise ◽  
The European Union ◽  
New Paradigm ◽  
Financial Market Regulation ◽  
Capital Markets Union ◽  
Single Rulebook ◽  
Regulatory Models

This chapter looks at the new European capital markets. The creation of the European Securities and Markets Authority (ESMA) was ‘an epochal date for EU financial market regulation’. Whereas ESMA's role is primarily one of overall supervision and promotion of supervisory convergence, the 2007–09 financial crisis, which led to its birth, continues incrementally to push the European legislator toward reinforcing ESMA's powers and capturing increasingly more activities under the ‘Single Rulebook’. With the proposal of a Capital Markets Union and Brexit, this trend is likely to continue. Potentially, the European Union is now well placed to forge a new paradigm for the regulation of capital markets, given the increased focus and the technical expertise which ESMA brings to bear. At least in theory, the EU should no longer be beholden to US or international models for its regulatory models.

scholarly journals Proposals for Reforms and Democratization of the EMU

2020 ◽  
pp. 345-360
Author(s):  
Bettina De Souza Guilherme
Keyword(s):  
European Union ◽  
Crisis Management ◽  
Financial Market ◽  
Monetary Union ◽  
Risk Sharing ◽  
Economic And Monetary Union ◽  
Market Regulation ◽  
Main Argument ◽  
Risk Avoidance ◽  
Financial Market Regulation

AbstractIn this part of the book, we discuss proposals to improve architectural and crisis management lacunas. While other partners of the network present own proposals, this chapter has the objective to sketch out proposals, which have been discussed or are still in the pipeline at the top level of European Union (EU) decision-takers and institutions to remedy lacunas, errors and omissions of the Economic and Monetary Union (EMU) architecture. A main argument advanced is that the reforms with a focus on “risk-avoidance” and stronger “surveillance” and “monitoring” had more success, while any reforms based on the principle of “risk-sharing have encountered major resistance, both for the financial market regulation and for the fiscal framework.

Nevsun: A Ray of Hope in a Darkening Landscape?

2020 ◽  
Vol 5 (2) ◽  
pp. 241-251
Author(s):  
Upendra BAXI
Keyword(s):  
European Union ◽  
Corporate Governance ◽  
Human Rights ◽  
The Netherlands ◽  
Common Law ◽  
Customary Law ◽  
High Time ◽  
Law Reform ◽  
The European Union ◽  
Business And Human Rights

AbstractThis article explores some aspects of the Canadian Supreme Court’s decision on Nevsun Resources v Araya in the light of its exposition on the act of state doctrine and application of core human rights as an integral aspect of international customary law and common law. It examines the Nevsun decision in the context of recent statutory developments in France and the Netherlands, the promised law reform in the European Union, and the proposed business and human rights treaty. I argue that it is high time to abandon the doctrinal fossil that human rights obligations do not apply to corporate governance and operations. It is hoped that COVID-19 contexts, and a post-pandemic world, will expeditiously result in the willing adoption of a treaty on business and human rights.

scholarly journals Legal challenges for the European Union concerning an international treaty on business and human rights

2021 ◽  
pp. 933-978
Author(s):  
Ondrej Blažo ◽  
Adam Máčaj
Keyword(s):  
European Union ◽  
Human Rights ◽  
The European Union ◽  
International Treaty ◽  
Business And Human Rights ◽  
Derechos Humanos ◽  
Legal Challenges

Las violaciones de los derechos humanos perpetradas por empresas son una realidad que ha sido un tema de derecho internacional y órganos de los derechos humanos por un período considerable. A lo largo de los años, se contemplaron diversas propuestas e instrumentos de carácter diverso para la regulación de la conducta empresarial. Todos son objeto de un intenso escrutinio y se han convertido en elementos polémicos entre los Estados involucrados en las negociaciones. El único documento adoptado por consenso en las Naciones Unidas, los Principios Rectores sobre Empresas y Derechos Humanos, contiene reglas no vinculantes. Sin embargo, los intentos de producir un tratado internacional vinculante nunca cesaron y actualmente se debaten con una participación considerable de la Unión Europea (UE). El objetivo de este artículo es analizar el progreso en el marco de desarrollo de las relaciones de las actividades comerciales con los derechos humanos, considerar la participación de la UE y determinar si la UE puede seguir avanzando en el estándar de protección, especialmente si tiene competencia suficiente para concluir el posible acuerdo de empresas y derechos humanos y qué enfoques son viables para que la UE implemente dicho acuerdo en su ordenamiento jurídico.

Narratives of Constitutionalization in the European Union Court of Justice and in the European Court of Human Rights’ Case Law

ICL Journal ◽  
2017 ◽  
Vol 11 (1) ◽  
pp. 11-41
Author(s):  
Maurizio Arcari ◽  
Stefania Ninatti
Keyword(s):  
European Union ◽  
Human Rights ◽  
Case Law ◽  
European Convention ◽  
Legal Systems ◽  
The European Union ◽  
European Union Law ◽  
The Core ◽  
Court Of Justice ◽  
European Court

Abstract Constitutionalization is a peculiar process which characterizes the whole fabric of modern international law. It may however display different levels of evolution and different implications when distinct legal sub-systems are considered: this appears to be especially true at the European level, in particular in the context of the European Union law and of the European Convention on Human Rights. This article aims at unveiling the key elements of the constitutionalization process as developed by the judges sitting in Luxembourg and Strasbourg. In their relevant case law, both the EU Court of Justice (ECJ) and the European Court of Human Rights (ECtHR) have identified the core concepts and elements lying behind the constitutionalization of their respective legal systems. The analysis of the ECJ and ECtHR case law will be divided into two different parts dealing with the internal dimension from one side, and external one from the other side. While presenting nuances and implications that are linked to the diverse degree of integration of the two legal systems, it may be submitted that the core elements of constitutionalization depicted by the Luxembourg and Strasbourg judges reveal some common patterns.

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