News & Analysis as of

Cross-Border European Commission

Baker Donelson

EU AI Act Tightens Grip on High-Risk AI Systems: Five Critical Questions for U.S. Companies

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A new era of AI legislation has begun as the EU AI Act enters into force on August 1, 2024. With broad extraterritorial reach, significant penalties of up to seven percent of worldwide annual turnover, and an emphasis on...more

K&L Gates LLP

Brussels Regulatory Brief: June 2024

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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

A&O Shearman

Directive on Cross-Border Law Enforcement Access to Bank Account Registries Published in Official Journal of the European Union

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Directive (EU) 2024/1654 has been published in the Official Journal of the European Union, amending Directive (EU) 2019/1153 regarding access by competent authorities to centralized bank account registries through the...more

K&L Gates LLP

The European Commission Sends Strong Signal Against Parallel Import Restrictions

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On 23 May 2024, the European Commission (Commission) imposed a €337.5 million fine to one of the world’s leading manufacturers of chocolate, biscuits, and coffee products for restricting cross-border trade in these product...more

Alston & Bird

European Commission Fines Global Foods Supplier €337.5 Million for Blocking Cross-Border Sales

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Our Antitrust and Food & Beverage teams examine how the European Commission’s hefty fine is a warning against anticompetitive behavior for companies operating in the EU....more

Alston & Bird

European Enforcement Guide

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In the current economic climate, it is important that lenders understand how they can enforce security and debt claims, to help in assessing options in the event of default by their customers, and when structuring new...more

A&O Shearman

CRD VI cross-border rules take shape

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Final provisions on cross-border banking services in the EU published - CRD VI will bring in uniform minimum prudential requirements for third country branches providing banking services in the EU and, more importantly,...more

McDermott Will & Emery

International Legal Highlights | Winter 2023

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THE EUROPEAN COMMISSION PUBLISHES FINAL IMPLEMENTING REGULATION ON PROCEEDINGS PURSUANT TO THE FOREIGN SUBSIDIES REGULATION - On July 10, 2023, the European Commission (the “Commission”) published its final regulation for...more

White & Case LLP

EU breaks down digital borders: New e-Evidence rules facilitate cross-border investigations

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In the summer of 2023, the European Union ("EU") adopted two legal acts that are intended to improve cross-border access to electronic evidence for judicial authorities in criminal proceedings. This refers to digital data...more

A&O Shearman

Closing the gap: the 2023 EU VAT Gap Report and beyond

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The 2023 EU VAT Gap Report, recently published by the European Commission, demonstrates that the VAT gap narrowed again in 2021, continuing the trend that began in 2013. In this article, we look at factors that are helping to...more

Katten Muchin Rosenman LLP

Freedom of Breach: EU Commission Finds Pierre Cardin and Ahlers Group in Violation of Antitrust Rules - Katten Kattwalk | Issue 26

French fashion house Pierre Cardin (Cardin) and one of its oldest licensees, Ahlers Group (Ahlers), agreed to restrict cross-border sales and sales to specific customers. This is a clear breach of EU antitrust law, said the...more

Lighthouse

Navigating Cross-Border eDiscovery Issues in the Wake of a U.S. Adequacy Determination

Lighthouse on

At Lighthouse our teams have the benefit of working across numerous clients, cases, and jurisdictions. As a result, we are building deep institutional knowledge across many aspects of eDiscovery that may be more difficult for...more

Dechert LLP

Dechert Cyber Bits - Issue 37

Dechert LLP on

California Court Pauses Enforcement of Most Recent CCPA Regulations until March 2024 - On June 30, 2023, the Superior Court of California, County of Sacramento (California Chamber Of Commerce v. California Privacy...more

A&O Shearman

Global Cross Border Privacy Rules and the new initiatives to support data free flow with trust

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ust over a year ago, on 21 April 2022, the seven economies (Canada, Japan, the Republic of Korea, the Philippines, Singapore, Taiwan, and the USA) participating in the Asia-Pacific Economic Cooperation (APEC) Cross-Border...more

Vinson & Elkins LLP

Data Transfer Déjà Vu: European Commission Approves Another EU-U.S. Data Transfer Mechanism

Vinson & Elkins LLP on

On July 10, 2023, the European Commission (the “Commission”) adopted an adequacy decision for the EU-U.S. Data Privacy Framework (the “Framework”). The Framework provides companies that opt in with a legitimate means of...more

Sheppard Mullin Richter & Hampton LLP

Where Do We Stand?: EU to US Data Transfers

The process for data transfers from the EU to the US under Standard Contractual Clauses has been back in the news recently, leading many to ask: will the proposed EU-US Data Privacy Framework be approved by the Europeans...more

Orrick, Herrington & Sutcliffe LLP

FISA Section 702 Sunset and the Dawn of Privacy - Will 2023 be the year that FISA 702 reform shifts discussions around European...

Section 702 of the Foreign Intelligence Surveillance Act (“FISA”) has been a looming presence in the European privacy landscape since Edward Snowden first leaked the PRISM files in 2013. Surveillance authorized under FISA 702...more

Wilson Sonsini Goodrich & Rosati

European Commission Seeks Companies' Input on GDPR Enforcement

On February 24, 2023, the European Commission (EC) opened a public consultation on its initiative (Initiative) to revise procedural rules relating to the enforcement of the EU General Data Protection Regulation (GDPR). The EC...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Competition Regulator Cannot Compel Foreign Companies To Respond to Information Requests

On February 8, 2023, the UK Competition Appeal Tribunal (CAT) and the High Court held in a joint ruling that the Competition and Markets Authority (CMA) does not have the power under section 26 of the Competition Act 1998...more

Wilson Sonsini Goodrich & Rosati

European Court Expands Legal Professional Privilege in the EU

In a recent judgment, the European Court of Justice (ECJ) expanded the scope of Legal Professional Privilege (LPP) in the EU, recognizing that it is not limited to advice given for the purpose of defense but covers all...more

Balch & Bingham LLP

President Biden Issues Executive Order on Signals Intelligence to Implement EU-US Data Privacy Framework

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On October 7, 2022, President Biden signed an Executive Order on Enhancing Safeguards for United Sates Signals Intelligence Activities. The order aims to address concerns expressed by the Court of Justice of the European...more

Cozen O'Connor

The New Standard Contractual Clauses Deadline is Approaching

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On June 4, 2021, the European Commission introduced the new set of Standard Contractual Clauses (“SCCs”), a primary mechanism for lawfully transferring personal data from Europe to the United States under the European Union’s...more

Goodwin

Public Consultation on a Common EU-Wide System for Withholding Tax Claims on Dividend and Interest Payment

Goodwin on

The EU Commission published a public consultation based on its initiative to introduce a common EU-wide system for withholding tax on dividend or interest payments, which includes a system for tax authorities to exchange...more

BCLP

AIFMD II European Parliament draft report provides positive amendments and points of clarity

BCLP on

On 18 May 2022 a draft report on ‘AIFMD II’ was published, containing proposals by a rapporteur presented to the ECON committee. It sets out a list of suggested amendments to the European Commission (the Commission)’s draft...more

Jones Day

EU Revises State Aid Rules for Important Projects of Common European Interest

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Background - The Treaty on the Functioning of the European Union ("TFEU") prohibits Member States from selectively granting public financial support to businesses that distorts competition and affects trade among Member...more

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