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Magnette had also raised objections to a proposed court system for settling disputes between foreign investors and governments.
The WTO also has a new system for settling trade disputes, with more teeth than that of the GATT.
Its intent was to clarify rules for navigation and mining in international waters and set up a system for settling disputes.
Regulators have encouraged banks to develop a round-the-clock system for settling accounts instantly.Most governments still shrink from the biggest problem of all.
So too was a system for settling industrial disputes by arbitration and conciliation, a workers' compensation scheme, and the 44-hour workweek.
In seeking an alternative approach, the U.S. system for settling water rights disputes in irrigated areas might serve as a model.
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For example, in Japan and continental Europe, the legal systems for settling disputes are based on a civil code documented in statutes.
But Ludwin said you could imagine, instead of banks running the network, Fedwire, the current system for electronically settling payments between member banks, being reconstructed on a blockchain for which banks hold keys to make transfers.
Disclosure of a $27,000 settlement Conyers reached with a former employee intensified scrutiny of Congress for its secretive system of settling harassment complains.
In France there are two types of jurisdictions: the judiciary that judges trials between private persons and punishes infringements of the penal law and an administrative judicial system that is responsible for settling lawsuits between public bodies, such as the state, local bodies, and public establishments, as well as private individuals.
But because of the strain on the systems for settling, which is done by clearing banks, it was agreed that trades done today and tomorrow would be settled in three days.
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CEO of Professional Science Editing for Scientists @ prosciediting.com