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European Commission › Corporate Counsel › Reporting Requirements

Ropes & Gray LLP

US and EU Agree on Trade Framework Agreement – Implications for ESG/CSR Compliance

Ropes & Gray LLP on

On August 21, the US and EU announced that they have agreed on a Framework on an Agreement on Reciprocal, Fair, and Balanced Trade. The Framework Agreement expands upon earlier official statements on the US-EU trade deal and...more

Orrick, Herrington & Sutcliffe LLP

EU Commission – Guidelines on the Scope of the Obligation for GPAI Models under the AI Act

Orrick, Herrington & Sutcliffe LLP on

The European Commission published guidelines concerning the definition of “general-purpose AI models” (GPAI) under the AI Act and the scope of the Chapter V obligations imposed on providers of these models. The final...more

White & Case LLP

EU Omnibus Package: 10 things you should know about the proposed changes to key sustainability legislation

White & Case LLP on

The European Commission published an "Omnibus" package of proposed changes on 26 February, marking the start of a process that could result in significant changes to key EU laws on sustainability reporting, diligence and...more

Proskauer - Regulatory & Compliance

CSRD Slashed: EU’s Corporate Sustainability Regulations Significantly Reduced

Proskauer - Regulatory & Compliance on

On 26 February 2025, the European Commission (the “Commission”) adopted a new package of proposals to simplify the regulations on sustainability. Their aim is to combine the competitiveness and climate goals of the European...more

Latham & Watkins LLP

EU Commission Suggests Potential Consolidation of ESG Reporting Frameworks in 2025

Latham & Watkins LLP on

The announcement follows declarations to simplify regulatory frameworks for businesses, and an overall drive to increase competitiveness in Europe. On 8 November 2024, European Commission President Ursula von der Leyen...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Enacts a New Digital Regime Regulating the Conduct of Major Tech Platforms

Skadden, Arps, Slate, Meagher & Flom LLP on

The Digital Markets, Competition and Consumers Act (DMCC or the Act), adopted on 24 May 2024, empowers the Competition and Markets Authority (CMA) to regulate the conduct of major tech platforms....more

Cadwalader, Wickersham & Taft LLP

EU Commission Adopts Final Sustainability Reporting Rules

Cadwalader, Wickersham & Taft LLP on

On July 31, 2023, the European Commission announced its adoption of the European Sustainability Reporting Standards (ESRS) for companies subject to the Corporate Sustainability Reporting Directive (CSRD). The long-awaited...more

Latham & Watkins LLP

European Commission Adopts the European Sustainability Reporting Standards

Latham & Watkins LLP on

The adoption of the standards marks a key milestone for reporting under the CSRD. On 31 July 2023, the European Commission (Commission) adopted the European Sustainability Reporting Standards (ESRS), following a four...more

McDermott Will & Schulte

CSRD Update: Corporate Sustainability Reporting Directive (CSRD) adopted

McDermott Will & Schulte on

In November 2022, the Corporate Sustainability Reporting Directive (CSRD) was adopted by the EU Parliament (Parliament) and approved by the European Council (EC). It has thus taken the last hurdle in the legislative process...more

Jones Day

How Green Are You? EU Proposes Climate-Related Update to Guidelines on Non-Financial Reporting

Jones Day on

The Situation: The European Union continues to roll out its Action Plan for Financing Sustainable Growth with its latest proposal concerning climate-related disclosures and the European Commission's launch of a public...more

McGuireWoods LLP

EU Country-by-Country Tax Reporting Proposal Draws Attention

McGuireWoods LLP on

With the European Commission’s recent finding in the Apple Inc. state aid case, there has been greater attention on the need for more public transparency on taxes. European Union (EU) Competition Commissioner Margrethe...more

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