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Organization for Economic Co-operation and Development Due Diligence

Carey Olsen

Introducing CARF - the OECD's Crypto-Asset Reporting Framework

Carey Olsen on

The recent proliferation of crypto-assets and its uses have transformed the international financial landscape, offering innovative opportunities for payments, investment and Decentralised Finance (DeFi). At the heart of it,...more

Akin Gump Strauss Hauer & Feld LLP

EU Forced Labour Regulation Is Now Adopted: What Does It Mean?

On 12 December 2024, the Regulation (EU) 2024/3015 on prohibiting products made with forced labour on the Union market and amending Directive (EU) 2019/1937 (the Regulation) was published in the European Union (EU) Official...more

Akin Gump Strauss Hauer & Feld LLP

The EU Corporate Sustainability Due Diligence Directive

The EU Corporate Sustainability Due Diligence Directive (CSDDD), which came into force on 25 July 2024, represents a significant step by the European Union (EU) to integrate sustainable practices into the core operational...more

Proskauer - Regulatory & Compliance

European Commission issues FAQs on the Corporate Sustainability Due Diligence Directive

Background of the Corporate Sustainability Due Diligence Directive The Corporate Sustainability Due Diligence Directive (CSDDD) was entered force on 25 July 2024. The purpose of this Directive is to promote sustainable and...more

Society of Corporate Compliance and Ethics...

[Virtual Event] ESG and Compliance Conference - November 7th, 8:00 am - 5:00 pm CT

Stay on top of ever-evolving ESG requirements and emerging trends - With the SEC’s newly issued rules surrounding ESG disclosures and the continued growth of regulations rolling out in the EU, Canada, Asia and elsewhere...more

Cooley LLP

Key Considerations for Multinational Enterprises

Cooley LLP on

The latest updates to the Organisation for Economic Co-operation and Development (OECD) Guidelines for Multinational Enterprises on Responsible Business Conduct in June 2023 thrust supply chain diligence into the spotlight....more

King & Spalding

EU Council Approves Corporate Sustainability Due Diligence Directive

King & Spalding on

On 15 March 2024, the European Council approved the Corporate Sustainability Due Diligence Directive (“CSDDD” or “Directive”). If approved by the European Parliament and entered into force, the CSDDD will require large EU and...more

Society of Corporate Compliance and Ethics...

Third-party due diligence: Are supplier questionnaire(s) the answer?

Numerous laws (U.K. Bribery Act guidance document, German Supply Chain Act, Foreign Corrupt Practices Act resource guide, OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and...more

Paul Hastings LLP

The Evolving Role of Boards of Directors Regarding Business and Human Rights

Paul Hastings LLP on

Three years ago, as part of the EU’s initiative on sustainable governance, the European Commission released a lengthy study on directors’ duties. The study affirmed what many already understood: corporate decision makers face...more

Latham & Watkins LLP

OECD Updates Corporate Due Diligence Guidelines

Latham & Watkins LLP on

The Guidelines build on current social, environmental, and technological issues facing businesses following the last update in 2011. The Organisation for Economic Co-operation and Development (OECD) released updated...more

Paul Hastings LLP

Downstream Due Diligence: Regulation through Litigation

Paul Hastings LLP on

As the European Union (“EU”) continues to debate whether downstream responsibilities will fall within the contours of its hefty Corporate Sustainability Mandatory Due Diligence Directive (“CSMDD”), and the EU Council just...more

King & Spalding

UN High Commissioner reports serious human rights violations in Xinjiang – what does this mean for businesses with supply chains...

King & Spalding on

On 31 August 2022, the UN Office of the High Commissioner for Human Rights (the “High Commissioner” or “OHCHR”) published its long-awaited Assessment of Human Rights Concerns in the Xinjiang Uyghur Autonomous Region, China....more

King & Spalding

The Norwegian Transparency Act Comes Into Force: Mandatory Human Rights Due Diligence for Large Companies Doing Business in Norway...

King & Spalding on

On 1 July 2022, the Norwegian Transparency Act entered into force. It requires that large domestic (Norwegian) companies and foreign companies doing business in Norway implement and account for human rights due diligence in...more

WilmerHale

Regulation of Forced Labor in Supply Chains: Why It Matters and How Companies Can Comply

WilmerHale on

Corporate Obligations to Address Forced Labor in Supply Chains Relevant to You? International organizations like the International Labor Organization, the Organization for Economic Cooperation and Development and the...more

King & Spalding

The EU Corporate Sustainability Due Diligence Directive

King & Spalding on

Five practical steps large Japanese companies should take to prepare for the introduction of mandatory due diligence - The European Commission recently published the text of the proposed Corporate Sustainability Due...more

McDermott Will & Emery

International Legal Highlights | June 2022

EUROPEAN COMMISSION ADOPTED A PROPOSAL DIRECTIVE ON CORPORATE SUSTAINABILITY DUE DILIGENCE - On 23 February 2022, the European Commission (EC) adopted a proposal for a directive on corporate sustainability due diligence...more

Freeman Law

OECD Proposes Rules for Intermediary Crypto-Asset Reporting, Due Diligence

Freeman Law on

On March 22, 2022, the Organization for Economic Cooperation and Development (“OECD”) issued proposed rules for the collection and exchange of information on transactions involving crypto-assets. The OECD intends for these...more

Society of Corporate Compliance and Ethics...

Rethinking bribery

CEP Magazine (March 2022) - In November 2021, the Organisation for Economic Co-operation and Development (OECD) issued a significant update to its guidance on combating bribery of foreign public officials, replacing its...more

Morgan Lewis

New York Fashion Sustainability Act Would Affect Most Major Brands

Morgan Lewis on

Dear Retail Clients and Friends, This edition of Morgan Lewis Retail Did You Know? examines the pending New York Fashion Sustainability and Social Accountability Act (S7428/A8352), which, if passed by the state legislature,...more

Morgan Lewis

EU Guidance for Businesses on Forced Labour Corporate Due Diligence

Morgan Lewis on

The European Commission and the European External Action Service issued Guidance on Due Diligence for EU Businesses to Address the Risk of Forced Labour in Their Operations and Supply Chains (Guidance) on 12 July as a guide...more

Hogan Lovells

EU issues guidance for businesses on forced labour due diligence

Hogan Lovells on

On 12 July 2021, the European Commission and European External Actions Service published Guidance on Due Diligence for EU Businesses to Address the Risk of Forced Labour in their Operations and Supply Chains, which provides...more

Latham & Watkins LLP

Japanese Ministry of Economy, Trade and Industry Updates Guidance to Prevent Foreign Bribery

Latham & Watkins LLP on

Companies with business operations in Japan should review due diligence procedures and internal policy regarding small facilitation payments to ensure they are consistent with new guidance from METI. In May 2021, the...more

King & Spalding

National Contact Points in OECD Countries Promote Business & Human Rights in the Extractives Sector

King & Spalding on

For over 20 years, a little-known dispute resolution mechanism has facilitated conciliatory ends to numerous human rights and environmental grievances levied against multinational corporations. The OECD’s National Contact...more

NAVEX

EU Conflict Minerals Regulation: What You Need to Know

NAVEX on

On January 1, 2021, the Conflict Minerals Regulation (EU Regulation 2017/821) came into full force across the EU. This new law aims to ensure that importers of certain materials originating from conflict-affected and...more

Society of Corporate Compliance and Ethics...

A look at the EU Conflict Minerals Regulation

Report on Supply Chain Compliance 3, no. 5 (March 5, 2020) - On April 3, 2017, the European Commission adopted a new regulation on mineral imports from conflict-affected areas, the EU Conflict Minerals Regulation. The...more

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