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Ropes & Gray LLP

Seeing the Forest for the Trees: Further Changes to the EU Deforestation Regulation are Likely

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The EU Deforestation Regulation (EUDR) covers cattle, cocoa, coffee, oil palm, rubber, soy(a) and wood, as well as many derived products. The Regulation is currently scheduled to apply to operators and traders beginning at...more

White & Case LLP

EU unveils methodology to calculate emissions savings in low-carbon fuels

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The European Commission is ramping up support for low-carbon "blue" hydrogen, increasingly positioning it alongside renewable "green" hydrogen as a key pillar of the EU's future energy mix. On July 8, 2025, the European...more

White & Case LLP

European Commission tables proposals to cut red tape for defence industry

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On 17 June 2025, the European Commission issued the Defence Readiness Omnibus, through which it proposes to amend key pieces of EU legislation to remove regulatory obstacles for the EU defence market. The initiative is part...more

Jones Day

The EU's Deforestation Regulation: Will There Be Further Changes?

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The EU's Deforestation Regulation (EUDR), designed to ensure that no products that contribute to deforestation are sold in, or exported from, the EU, continues to be criticized by EU Member States and major market players....more

Jones Day

ESRS Simplification: Updated Timeline and Expectations

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The European Commission has extended the deadline for the European Financial Reporting Advisory Group (EFRAG) to submit its technical advice on simplifying the European Sustainability Reporting Standards (ESRS) under the...more

A&O Shearman

ESMA publishes technical advice on eligible assets for UCITS

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The European Securities and Markets Authority (ESMA) has published its final technical advice to the European Commission (EC) on the review of the UCITS Eligible Assets Directive (EAD) accompanied by a press release. The EAD...more

A&O Shearman

EC adopts amendments to Delegated Regulation No 876/2013 to align with EMIR 3 reforms

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The European Commission has adopted a Delegated Regulation amending Delegated Regulation (EU) No 876/2013, which supplements EMIR (Regulation (EU) No 648/2012) in relation to the functioning and management of colleges for...more

A&O Shearman

EC adopts technical standards for the development of consolidated tapes

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The European Commission (EC) has adopted a suite of technical standards for the development of consolidated tapes. The creation of consolidated tapes and the removal of obstacles to the development of consolidated tapes, were...more

A&O Shearman

EC adopts Delegated Regulation updating AML/CFT high-risk third country List

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The European Commission (EC) has adopted a Delegated Regulation amending Delegated Regulation (EU) 2016/1675 to update the list of high-risk third countries with strategic deficiencies in their anti-money laundering and...more

Bergeson & Campbell, P.C.

Council of the EU and EP Agree on “One Substance, One Assessment” Legislative Package

The Council of the European Union (EU) announced on June 12, 2025, that it reached a provisional agreement with the European Parliament (EP) on the “one substance, one assessment” (OSOA) legislative package, “which aims to...more

Jones Day

Uneven Stop-the-Clock Provisions Throughout Europe on Sustainability Reporting

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As discussed in a previous article, the European Union is seeking to "bring competitiveness and climate goals together," and therefore launched a reform package—the Omnibus package—regarding sustainability reporting and...more

Bergeson & Campbell, P.C.

Call for Evidence for Impact Assessment of the European Biotech Act Will Close June 11, 2025

The European Commission (EC) began a call for evidence on May 14, 2025, for an impact assessment of the European Biotech Act. The EC states that the overall objective is to improve the size and competitiveness of the...more

Proskauer Rose LLP

Regulation Round Up - May 2025

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Welcome to the Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation....more

Hogan Lovells

UK/EU/International ESG Regulation Monthly Round-Up – May 2025

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The drive to simplify and increase competitiveness in the European Union continues apace. Member States have started to implement the “stop-the-clock” directive, the Commission has signalled an intent to provide some limited...more

A&O Shearman

Delegated regulation on identifying reference data for OTC derivatives published in OJ

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Commission Delegated Regulation (EU) 2025/1003 has been published in the Official Journal of the European Union (OJ), supplementing the EU Markets in Financial Instruments Regulation (MiFIR) as regards over-the-counter...more

A&O Shearman

EC Omnibus IV proposal to reduce burdens for small mid-cap companies

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The European Commission has published its Omnibus IV legislative proposal, together with a press release, for a Directive amending the Markets in Financial Instruments Directive II (MiFID II) and the Critical Entities...more

DLA Piper

Europe: European Commission Publishes Proposal for Simplification of the GDPR

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The European Commission has published its proposal for a new regulation simplifying the EU General Data Protection Regulation (“GDPR”) requirements for small mid-cap enterprises (“the Proposal“). The Proposal forms part of...more

A&O Shearman

Modernizing EU merger control: European Commission launches wide-ranging consultation on its merger guidelines

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A key objective outlined in Commissioner Ribera’s mission letter is the modernization of EU competition policy, including the framework employed by the European Commission (EC) to assess the competitive impact of mergers. In...more

A&O Shearman

ECON draft report on impact of AI

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The European Parliament's Committee on Economic and Monetary Affairs (ECON) has released a draft report (dated 14 May) and motion for a European Parliament resolution on the impact of artificial intelligence (AI) on the...more

A&O Shearman

ECON draft amendments to CSDR for move to T+1

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The European Parliament's Committee on Economic and Monetary Affairs (ECON) has published a report proposing amendments to the European Commission's proposal to amend Regulation (EU) No 909/2014 (CSDR) as regards shortening...more

A&O Shearman

EC call for evidence for the revision of SFDR

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The European Commission (EC) has published a call for evidence to inform the revision of the Sustainable Finance Disclosure Regulation (SFDR), which is planned for Q4 2025. The focus of the review will be to address burdens...more

Ropes & Gray LLP

Final Call for Evidence on the shape of SFDR

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Following the public and targeted consultation on SFDR launched in 2023 (the “Consultations”) and the anticipated publication of the new proposals in Q4 this year, the European Commission is providing the broader market with,...more

Hogan Lovells

SFDR Update: European Commission launches Call for Evidence on simplification of the Sustainable Finance Disclosure Regulation...

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On 2 May 2025, the European Commission launched a Call for Evidence to inform its impact assessment for the simplification and improved effectiveness of the Sustainable Finance Disclosure Regulation (SFDR). This the last of a...more

A&O Shearman

The European Commission publishes its AI Continent Action Plan

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On April 9 2025, the European Commission published the AI Continent Action Plan (the Action Plan), which outlines the EU’s strategy to enhance innovation, competitiveness and regulatory compliance in artificial intelligence...more

King & Spalding

AI Continent Action Plan

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The European Commission’s AI Office (the overarching body overseeing enforcement of the EU AI Act) published its AI Continent Action Plan on April 9, 2025 (“Plan”). In this Plan, the European Commission (“EC”) puts forward...more

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