The phenomenon of time-reversal violating generation of static magnetic   and electric fields is a basis of a new method for measurement of the   electron EDM and T-odd P-odd constants of electron interaction with a nucleon   beyond Standard Model
  It is shown that in the experiments for search of EDM of an electron (atom, molecule) the T-odd magnetic moment induced by an electric field and the T-odd electric dipole moment induced by a magnetic field will be also measured. It is discussed how to distinguish these contributions. 
Vladimir Baryshevsky