1. Introduction.–2. The Ratione Personae Scope of Application of the New Instrument: What Type of Companies Should Be Regulated?.–3. The Ratione Loci Scope of the Treaty: The Issue of Extraterritorial Regulation of Corporate Conducts.–4. Final Remarks.1. On 10 July 2015 the Open-ended intergovernmental working group on transnational corporations and other business enterprises with respect to human rights (hereinafter: OEIGWG) adopted the first Report concerning its session held from 6 to 10 July 2015 in Geneva. The Report and the session of the OEIGWG illustrate the first series of discussions on the proposal, launched one year ago by resolution 26/9 of the UN Human Rights Council, to adopt international binding rules for the business sector (see Human Rights Council, Resolution