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Investment treaty's impact on banking highlighted in ECB legal paper

( October 25, 2019, 13:10 GMT | Official Statement) -- MLex Summary: The implications for European banking of a network of bilateral investment treaties, under which foreign investors can sue governments for discriminatory losses, have been highlighted in a series of legal papers presented at a June meeting and published today. Investors in Mexico have sought to use investment tribunals to overturn a 2017 EU decision to wind up Spain's Banco Popular, legal analysts from the ECB and European Commission noted.Document attached. ...

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