On 26 February 2025, the European Commission published the Omnibus Simplification Package, a set of proposals designed to streamline key EU sustainability regulations, eliminate redundancies, and reduce administrative burden...more
3/13/2025
/ Climate Change ,
Compliance ,
Corporate Governance ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Regulatory Agenda ,
Reporting Requirements ,
Supply Chain ,
Sustainability ,
Sustainable Business Practices
Introduction - Throughout the 118th Congress, the US House of Representatives (House) has remained focused on oversight of environmental, social and governance (ESG) issues. In particular, the House Financial Services...more
Antitrust and Competition - The European Commission Opens an Investigation into Alleged Market Allocation and No-Poach Agreements in the Online Food Delivery Sector - On 23 July 2024, the Commission opened an antitrust...more
9/4/2024
/ Antitrust Investigations ,
Clean Energy ,
Energy Sector ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Economic Area (EEA) ,
No-Poaching ,
Product Labels ,
Regulatory Oversight
A new and powerful wave of “greenwashing” bans will sweep the European Union (EU) shortly. The EU’s Green Claims Directive and Greenwashing Directive (together, the Green Directives) are key legislative tools being introduced...more
8/5/2024
/ Climate Change ,
Compliance ,
Corporate Governance ,
Corporate Social Responsibility ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Greenwashing ,
Marketing ,
Member State ,
Misleading Impressions ,
Product Labels ,
Sustainability
Antitrust and Competition - The European Commission to Take Action to Address Territorial Supply Constraints - On 24 May 2024, the EU Commissioner for Competition, Margrethe Vestager, announced that the European Commission...more
7/29/2024
/ Competition ,
Cross-Border ,
Economic Sanctions ,
Electric Vehicles ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Institutions ,
Financial Services Industry ,
Imports ,
Innovative Technology ,
Manufacturers ,
Member State ,
Non-Bank Lenders ,
Regulatory Oversight ,
Sustainability ,
Trade Relations
Antitrust and Competition - The European Commission Approves Plan to Unwind a Completed Transaction in the Early Cancer Detection Sector - On 12 April 2024, the European Commission (Commission) approved the plan to unwind a...more
6/7/2024
/ Digital Services ,
Economic Sanctions ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
EU ,
EUMR ,
European Commission ,
Financial Services Industry ,
Fossil Fuel ,
Investment ,
Member State ,
Mergers ,
Methane ,
Online Marketplace ,
Online Platforms ,
Popular ,
Retail ,
Risk Assessment ,
Risk Mitigation ,
Sustainability ,
Sustainable Business Practices
Antitrust and Competition - European Commission Charges Company with Providing Incorrect, Incomplete, and Misleading Information During a Merger Control Proceeding - On 19 March 2024, the European Commission (Commission) sent...more
5/17/2024
/ Animal Health ,
Biologics ,
Capital Markets ,
Competition ,
Economic Sanctions ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Financial Services Industry ,
Hazardous Substances ,
Human Rights ,
Investigations ,
Manufacturers ,
Merger Controls ,
Mergers ,
Misleading Statements ,
PFAS ,
Popular ,
Regulatory Oversight ,
Risk Assessment ,
Russia ,
Sustainability ,
Whistleblowers
Antitrust and Competition - The European Commission Fines Apple EUR 1.8 billion for Abusing Its Dominant Position in the Music Streaming Sector - On 4 March 2024, the European Commission (Commission) fined Apple EUR 1.8...more
3/29/2024
/ Anti-Competitive ,
Antitrust Provisions ,
Apple ,
Artificial Intelligence ,
Competition ,
Cyber Threats ,
Cybersecurity ,
Economic Sanctions ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Fund Managers ,
Importers ,
Investment Funds ,
Machine Learning ,
Manufacturers ,
Member State ,
Small and Medium-Sized Enterprises (SMEs) ,
Sustainability ,
Treaty on the Functioning of the European Union (TFEU)
Antitrust and Competition - The European Commission Carried Out Unannounced Inspections in the Tires Sector - On 30 January 2024, the Commission conducted dawn raids at the premises of several companies active in the tires...more
3/5/2024
/ Artificial Intelligence ,
Competition ,
Compliance ,
Derivatives ,
Disclosure Requirements ,
EMIR ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Services Industry ,
Forced Labor ,
Imports ,
International Labor Organization (ILO) ,
Machine Learning ,
Manufacturers ,
Regulatory Oversight ,
Risk Assessment ,
Risk Management ,
Transparency ,
Treaty on the Functioning of the European Union (TFEU)
Introduction - The Corporate Sustainability Due Diligence Directive (CS3D or Directive) is a mandatory framework of rules for companies that operate in the European Union (EU) and exceed certain revenue and employee...more
Australian Update - Warnings Issued About Active Investment Greenwashing As reported by the Australian Financial Review, Australian Securities and Investments Commission (ASIC) has warned that superannuation funds who justify...more
ANTITRUST AND COMPETITION - The Court of Justice Overturns the General Court’s Judgment Annulling the European Commission’s Prohibition Decision in the Telecom Sector - On 13 July 2023, the European Court of Justice (ECJ) set...more
8/3/2023
/ Antitrust Provisions ,
Capital Markets ,
Competition ,
Economic Development ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Court of Justice (ECJ) ,
European Securities and Markets Authority (ESMA) ,
Financial Services Industry ,
Foreign Subsidies ,
Merger Controls ,
Mergers ,
Sustainable Finance ,
UK
Antitrust and Competition - Consultation on the European Commission’s Proposal for a Temporary Crisis and Transition Framework - On 1 February 2023, member states of the European Union received a consultation on a draft...more
3/1/2023
/ Antitrust Provisions ,
Aviation Industry ,
Competition ,
Distributors ,
ECON ,
Energy Sector ,
Enforcement Actions ,
Environmental Social & Governance (ESG) ,
EU ,
European Banking Authority (EBA) ,
European Commission ,
Foreign Subsidies ,
Green Deal ,
Technology Sector
ANTITRUST AND COMPETITION - EU Foreign Subsidies Regulation Expected to Enter into Force by Mid-2023 - On 28 November 2022, the Council of the European Union adopted the Foreign Subsidies Regulation (FSR), which granted the...more
12/27/2022
/ Artificial Intelligence ,
Capital Markets ,
Capital Markets Union ,
Digital Services ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Financial Services Industry ,
Foreign Subsidies ,
Greenhouse Gas Emissions ,
Online Platforms ,
Regulatory Oversight ,
Reporting Requirements ,
Sustainability
ANTITRUST AND COMPETITION - Commission Adopted the Revised Informal Guidance Notice for Novel or Unresolved Competition Issues - Following a public consultation, the European Commission (Commission) published on 3 October...more
11/4/2022
/ Antitrust Provisions ,
Artificial Intelligence ,
Aviation Industry ,
Competition ,
Corporate Social Responsibility ,
Cryptoassets ,
Environmental Social & Governance (ESG) ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Services Industry ,
Regulatory Oversight ,
Stablecoins ,
Sustainability
INTRODUCTION - On 21 June 2022, the European Parliament (Parliament) and the Council of the European Union (Council) reached a provisional political agreement on the Corporate Sustainability Reporting Directive (CSRD)....more
ANTITRUST AND COMPETITION - The European Commission Accepts Commitments from a Pharma Company to Stop Its Excessive Prices - On 15 May 2017, the European Commission (Commission) announced that it had opened formal proceedings...more
3/12/2021
/ Competition ,
Coronavirus/COVID-19 ,
Digital Marketplace ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Supervisory Authorities (ESAs) ,
Excessive Pricing ,
Pharmaceutical Industry ,
Regulatory Requirements ,
State Aid ,
UK
INSTITUTIONAL DEVELOPMENTS -
The New European Parliament: More Fragmentation, Ad Hoc Coalitions, And Greener Policies?
The results of the May 2019 European Parliament (“EP”) elections resulted in a more complex European...more
6/27/2019
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Banking Sector ,
Banks ,
Breweries ,
Cartels ,
Cross-Border Transactions ,
EIOPA ,
Enforcement Actions ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Exports ,
Financial Institutions ,
Fines ,
MiFID II ,
Online Platforms ,
Plastics ,
Regulatory Agenda ,
Treaty on the Functioning of the European Union (TFEU)