RENFORCE Blog

Blog Archive

Ukraine War Reparations: The Legality of Confiscating Russian Assets

There are plans, especially in the West, to confiscate Russian assets with a view to transferring them to Ukraine. These plans are in tension with international law. New customary international law could crystallize, but normative developments would need the support of non-Western states to legally materialize, argues Cedric Ryngaert.

 

As we are approaching the second anniversary of Russia’s illegal aggression against Ukraine, we are witnessing a fatigue in the West to further bankroll Ukraine. From that perspective, seizing Russian assets that are already frozen in various Western countries, and possibly amount to 300 billion US dollar, may be an attractive proposition.

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Green Crimes and Ecojustice

The conference ‘Green Crimes & Ecojustice’ was held at Utrecht University in May 2023. This conference provided a unique opportunity to hear more on the increasingly important and broad fields of green criminology, environmental sociology, environmental law, political ecology, and conservation studies, and how these are engaged with the full spectrum of crimes and harms against the environment.

Professor Nigel South and Dr Daan van Uhm, coordinator of the RENFORCE Building Block on Illicit Environmental Markets, were interviewed by Gemma Venhuizen from the Dutch daily NRC Handelsblad, who wrote an article for the newspaper. A translation is shared in this blogpost.

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The Foreign Subsidies Regulation: The Extraterritorial Tax Dimension

In the fourth post in the Renforce Blog Series on the Foreign Subsidies Regulation, Dionysios Pelekis looks at the notion of a “subsidy” in relation to the notion of State aid, and discusses the extraterritorial fiscal implications of the Regulation. Taxation, and the ability to carry out economic, social, and industrial policy via the tax system, is a central aspect of sovereignty. However, due to the width of the notion of a subsidy, and to the scope of the Regulation, this new instrument seems capable of affecting the tax affairs of third countries. 

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The Foreign Subsidies Regulation: A Paradigm Shift in EU Competition Policy

The European Union (EU) has taken a significant step in addressing the challenges posed by foreign subsidies through the introduction of the Foreign Subsidies Regulation (FSR). The FSR, which applies from today, fills the void that existed between competition and state aid law, introducing an interdisciplinary approach to market governance. In this blogpost, the third in a special series on the FSR, Jasper Sluijs navigates some of the key aspects of this regulation and their potential consequences for EU competition law.

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The Foreign Subsidies Regulation: Questions of Democratic Accountability

In the second post in a Renforce special series on the Foreign Subsidies Regulation (FSR), Thomas Verellen looks at the regulation – which applies as of today – from the angle of democratic accountability. In response to geopolitical unrest, the global expansion of state capitalism, and the climate crisis, the EU has significantly strengthened the European Commission’s unilateral trade policy toolbox. How the Commission can be held democratically accountable as it starts to yield its newfound powers, he argues, should be top of mind for everybody concerned about the democratic credentials of the European Union. The FSR cannot be seen in isolation from this broader context.

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Introducing the Foreign Subsidies Regulation: New regulatory regime and enforcement powers for the EU

In this piece, the five-part RENFORCE blog series on the new Foreign Subsidies Regulation (FSR) is introduced by Urszula Jaremba.

The FSR – adopted in December 2022, and due to enter into force next week – is an extraordinary piece of EU legislation. Whereas its primary goal is to address distortions on the internal market brought on by subsidies granted by non-EU governments to undertakings active in the EU, the new rules interact and intersect with various EU regulatory regimes in the areas of antitrust, public procurement, and Common Commercial Policy. At the same time, under this novel regulatory regime, the European Commission is designated new, extensive and exclusive enforcement powers which, in turn, give rise to various questions of institutional and constitutional nature pertaining to the democratic foundations of the European Union.

Whereas this blog post offers a general introduction to this new and fascinating regulatory regime and its main features, other authors (details below) will shed light on the FSR from the perspective of their own academic disciplines.

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The Law and Practice of Global ICT Standardization: Economic Governance through Private Standards Bodies

The functioning of technologies largely relies on standards – technical specifications that ensure that devices, systems and networks “talk” to each other. Due to the rapid pace of digital development, standards are increasingly assuming regulatory, economic and societal roles. How do these standards come to being? How, if at all, can their increasing regulatory function be legitimized? And what is their role in the current legal order? In her new book, Olia Kanevskaia attempts to provide answers to these and many other legal questions arising around ICT standardization.

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EU sanctions against Russia: does the duty to freeze assets of listed persons also extend to their voting rights in corporations?

For Cedric Ryngaert, there are limits to the duty to freeze assets of persons listed under the EU sanctions regime against Russia. In particular, he approves of a recent decision of the District Court of Amsterdam, which held that a listed shareholder in a Dutch corporation should not be barred from voting regarding matters of corporate governance. He argues that such voting need not result in funds being transferred to Russia, which could be used to fund the war in Ukraine. Still, he believes that the Court of Justice of the EU may want to give more guidance on the matter on the basis of a preliminary ruling.

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Spotify, Joe Rogan and the Digital Services Act – the Sound of Issues to Come?

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For Ruairí Harrison and Anne Koopmans, as the intrigue into the final contours of the Digital Services Act (DSA) is displaced by an anticipation as to the Act’s impact on both the user experience and platform transparency, the emphasis on social media platforms is hard to avoid. Yet as the dust similarly settles on the Joe Rogan-Neil Young controversy for Spotify, how will the DSA impact Europe’s leading streaming service? Further, is the DSA appropriately ‘future proof’ to address Spotify’s increasingly diversified business model or is there a necessity for focused regulatory action on digital streaming services?

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The Application of the Comparator Approach by the CJEU in Gender Recognition Cases

In November 2020, the European Commission published its LGBTIQ Equality Strategy 2020-2025, committing to improving the recognition of trans and non-binary identities, and intersex people. For Leens van Kessel, LLB student at Utrecht University, the European protection of the human rights of transgender persons would benefit from a clearer application of what she dubs the ‘comparator approach’ in CJEU cases regarding discrimination on grounds of gender recognition.

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