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EU Continues Backing UN's Arbitration Transparency Push

Law360, New York (December 14, 2016, 7:25 PM EST) -- The European Commission announced Wednesday that it would continue to support a United Nations initiative aimed at improving transparency in investor-state arbitration proceedings, which has been a key priority for policymakers in Brussels over the past two years.

Earlier this year, the EU was one of several governments that agreed to take part in funding the Transparency Registry maintained by the United Nations Commission on International Trade, or UNCITRAL, as part of a broader initiative to cast more light on arbitration proceedings between sovereign governments and foreign investors.

"The Transparency Registry was established … in order to make information on investor-state...

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