Join IIEL in Geneva in June for our Annual Conference on WTO Law, widely considered a “must attend” event on the annual calendar. Affiliated with the Journal of International Economic Law (JIEL), published by the Oxford University Press, the program features six panels on issues such as the Globalization Backlash; Brexit; Making Trade Dispute Settlement More Effective and Inclusive; U.S. Trade Policy under President Trump; Free Trade Under Atack; and Developments in Trade Remedies Legislation and Jurisprudence. Read more.
A distinguished attorney and diplomat, Ambassador Wolff authored IIEL’s April 2017 Issue Brief, “Stressed in an Age of Populism,” in which he examines the legal system governing trade—both the rules in international agreements and those by statute. Ambassador Wolff first delivered the Inaugural Greenwald Lecture on which this article is based at Georgetown Law’s Annual International Trade Update in March 2017. In this Issue Brief, Ambassador Wolff argues that the United States and the world should be prepared for current institutions, international arrangements and domestic processes, like large financial institutions under Dodd-Frank, to be “stress-tested” by unanticipated forces and developments. Read more.
The Future of Banking in Europe
April 3, 2017
IIEL welcomed Stéphane Kerjean, Head of Section at the European Central Bank (ECB) – Banking Supervision, to our Spring 2017 International Economic Law Colloquium. Mr. Kerjean spoke about the ECB and the Single Supervisory Mechanism(SSM), discussing pillars of the Banking Union and the future of banking in Europe. IIEL’s Colloquium hosted multiple speakers throughout the semester on topics as varied as “Renegotiating NAFTA: the View from Mexico,” “Ethics and Globalization,” “FinTech Charters” and “China’s Influence on Non-Trade Concerns in International Economic Law.” Read more.
IIEL Publishes Book on the LEGAL ASPECTS OF BREXIT–Implications of the United Kingdom’s Decision to Withdraw from the European Union
March 29, 2017
On the very day that the United Kingdom (UK) began the two-year process to withdraw from the European Union (EU), IIEL published a book on the Legal Aspects of Brexit. A “must read” for anyone interested in the legal issues raised by Brexit, the book contains papers written by Georgetown Law Brexit seminar students, as well as an extensive roadmap to the many sources of information and analysis about Brexit and its implications for the UK, the EU and the rest of the world. Read more.
IIEL In The Know – Announcing the Inaugural Briefing
March 24, 2017
IIEL was pleased to introduce the inaugural issue of In the Know, an occasional publication in which Georgetown’s IIEL faculty, students, and fellows identify recent, major developments in international trade, financial regulation, monetary rules and other fields of International Economic Law—and where possible, highlight interesting sources where our readers can learn more. This inaugural posting reflects new directions taken in the Trump administration—as well as implications for the international regulatory community. Read more.
IIEL congratulates Georgetown Law’s Salzburg Cutler Fellows! Georgetown Law is one of only a handful of top law schools whose participants may compete to be named Cutler Fellows. Those chosen join a select group of students from the country’s other top international programs to participate in the Salzburg Cutler Law Fellows program for U.S. law students. Launched in 2012 to honor Lloyd Cutler, Legal Counsel to Presidents Carter and Clinton and for a decade Salzburg Global’s Board Chair, the Salzburg Cutler program selects five students from each law school every year to become Cutler Fellows. Read more.
IIEL was delighted to again co-sponsor Georgetown Law’s 38th Annual International Trade Update. This signature event is a deep dive into the most pressing and cutting-edge international trade law issues of the day. The ITU routinely draws top government officials, private practitioners and other trade law and policy stakeholders. 2017’s program featured the Inaugural Greenwald Lecture, delivered by Ambassador Alan Wolff. The Greenwald Lecture is made possible by the law firm of Cassidy Levy Kent, in memory of their former colleague and friend, John Greenwald. Read more.
IIEL Issue Brief Series – Jennifer Hillman Authors Issue Brief on Ryan-Brady Tax Plan & WTO Law
March 8, 2017
IIEL Faculty Member and former WTO Appellate Body member Jennifer Hillman authored IIEL’s March Issue Brief examining the Ryan-Brady Tax Plan and questions of WTO consistency. Professor Hillman argues that, as then-currently described, the plan’s taxes on imports are a clear violation of WTO rules and the rebates or exclusion from taxes for exports could pose challenges as well. As a result, the plan risks significant litigation, retaliation from our trading partners, possible additional duties on U.S. exports, and carries the potential to start a trade war. Read more.
Call for Papers Nets over 100 Submissions: Georgetown Law & the Graduate Institute, Geneva – Annual Conference on WTO Law
March 1, 2017
IIEL and the Graduate Institute’s Call for Papers in anticipation of the June Annual Conference on WTO Law was a resounding success, netting more than 100 papers from scholars and practitioners the world over. Read more.
IIEL Issue Brief Series – IIEL Director Chris Brummer Pens Issue Brief on China’s Currency and Systemic Risk
February 16, 2017
IIEL Faculty Director and Williams Research Professor Chris Brummer authored IIEL’s March 2017 Issue Brief. In it, Professor Brummer argues that China’s quasi-mercantilist strategy of internationalizing the renminbi (“RMB”) has introduced novel systemic risks to the global financial system, including a potentially inadequate provision of renminbi liquidity, a regulatory race to the bottom between offshore RMB-hubs, and significant transmission belts of financial risk to even non-renminbi markets. To mitigate these risks, he argues for a policy recipe of stronger Mainland macroprudential oversight, transparent countercyclical capital account reforms and credible commitments on the part of the government to refrain from competitive currency devaluations. Read more.
February 15th Reception Honoring New Members of the Congressional Black Caucus & Celebrating Black History Month
February 15, 2017
IIEL and Financial Services Professionals were pleased to welcome several members of Congress, alumni and friends to campus for a reception celebrating Black History Month and honoring new members of the Congressional Black Caucus. Read more.
As the United States stands on the brink of business tax reform, IIEL and the International Tax Policy Forum (ITPF) co-sponsored February 3rd’s high-profile conference examining international tax competition. This conference brought together experts from a variety of backgrounds to share their views on international tax competition and U.S. tax policy. Kevin Brady, the Chairman of the House Ways and Means Committee, delivered the keynote address. Read more.
IIEL greeted the new year with a new publication, launching our Issue Brief series, in which we share insights from academics, policymakers and our own student researchers to deliver short, incisive analysis of complex issues of the day. The inaugural issue was penned by Amias Gerety, Acting Assistant Secretary for Financial Institutions, U.S. Department of the Treasury, on the topic of the latest data strategies concerning the oversight of the shadow banking industry. Read more.
On December 2, 2016, Comptroller of the Currency Thomas J. Curry made global news at IIEL when he announced that his office would consider granting national bank charters to financial technology companies. Read more.
Global Trade Academy: Legal Foundations and New Directions in International Trade – the WTO & Beyond
November 14-18, 2016
IIEL held our 11th Global Trade Academy (GTA) from November 14-18, 2016. The GTA is a pillar of IIEL’s Executive Education program with over a decade of experience in training government, NGO, international organization and private sector leaders the world over. Read more.
Europe After Brexit: A Conversation with the Ambassadors of France, Germany, the Slovak Republic, and the European Union
October 17, 2016
Perhaps no international story has been covered more this year than the future of Europe after Brexit. On October 17, 2016, IIEL convened a high level, public conversation with the ambassadors of some of the countries making the critical decisions relating to the continent’s direction: France, Germany, the Slovak Republic (which then held the European Union’s Presidency) and the U.S. ambassador of the European Union. The event was broadcast live on C-SPAN TV. Read more.