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The principal objection to Mr Tobin's idea was that unless it were applied universally, transactions would migrate to jurisdictions without the levy.
And there are certainly advantages in terms of people trying to remit amounts back to their home countries, for example, when you're working in foreign jurisdictions, without having to go through remittance services and then suffering transaction charges as well.
This nominee to the United States Court of Appeals for the District of Columbia Circuit faces a more straightforward problem -- he practiced law in two separate jurisdictions without the required license.
The effect of mutual recognition is to allow a company to establish and offer its services in host jurisdictions without the necessity of having to comply with the regulatory controls of those jurisdictions.
It also had symbolic importance, in allowing people and goods to move back and forth between the two jurisdictions, without any necessary implication that Northern Ireland would become politically united with the Republic.
If the future of America's same-sex marriage fight looks anything like the version that aired Monday night on HBO – controlled, like so much of the rest of this country, by wealthy interests – then it doesn't look very promising for the 30 jurisdictions without that basic right.
Similar(37)
(c Appeals Council assumes jurisdiction without exceptions being filed.
He may not take the children out of the jurisdiction without the court's approval.
It proposes a legal strategy that would allow the United Nations General Assembly to establish referral jurisdiction without a treaty amendment.
The Corporation of London, the local authority for London's financial district, has complained about America extending its jurisdiction without consulting other regulators.
A Federal law applying everywhere would be far more effective; a gun purchaser subject to a waiting period now may easily travel to a jurisdiction without one.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com