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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Goodwin

AI Act Published - What’s Next?

Goodwin on

The EU Artificial Intelligence (AI) Act is set to become the world’s first comprehensive regulation on AI. After extensive negotiations, the European Parliament, Commission, and Council reached a political agreement on the AI...more

Latham & Watkins LLP

EU Reaches Provisional Agreement on Forced Labour Regulation

Latham & Watkins LLP on

The proposed regulation would ban forced labour-made products from the EU market, affecting companies’ supply chains and requiring compliance checks. On 5 March 2024, the European Parliament and European Council...more

Latham & Watkins LLP

EU Member States Reach Agreement on Corporate Due Diligence Directive

Latham & Watkins LLP on

Following extended negotiations, the directive was endorsed with a significantly narrower scope that would reduce the number of companies affected. On 15 March 2024, EU Member States endorsed the Belgian Presidency’s...more

Latham & Watkins LLP

European Council Adopts Negotiating Position on Corporate Sustainability Due Diligence Directive

Latham & Watkins LLP on

The Council’s position includes a number of differences from the European Commission’s original proposal, including in relation to the requirement to diligence the broader value chain. On 30 November 2022, the European...more

Paul Hastings LLP

You Better Watch Out: A New EU Corporate Sustainability Reporting Directive is Seeing the Day

Paul Hastings LLP on

On June 21, 2022, the Council of the European Union (“European Council”) and European Parliament (“Parliament”) reached a provisional political agreement on the Corporate Sustainability Reporting Directive (“CSRD”). A copy of...more

Morrison & Foerster LLP

The EU Digital Markets Act – The Holy Grail of Big Tech Regulation?

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On July 18, 2022, the European Council formally adopted the “Regulation on contestable and fair markets in the digital sector”, also referred to as the “Digital Markets Act” or “DMA”. This marks the final step for this new...more

White & Case LLP

Blowing the whistle on inadequate protections: How does the new EU Whistleblower Directive improve on existing legislation?

White & Case LLP on

'Whistleblower' is a widely used term. However, what it means and the protections a whistleblower might receive are by no means universal. Whistleblowers have been a regular presence in the news over recent years, from...more

Womble Bond Dickinson

BREXIT: Finding the Least Worst Option?

Womble Bond Dickinson on

"No deal" safely averted? On March 28, 2019, at least we can be reasonably confident that the UK does not face a "no deal" Brexit at 11.00pm on March 29th. Reasonably confident, but not absolutely certain. Members of the...more

White & Case LLP

Europe reaches for a new normal on NPLs - Will recent regulatory developments have their desired impact on the NPL market across...

White & Case LLP on

NPLs are a hot topic, high on the European supervisory authorities' agenda. Legislative and prudential requirements to reduce NPLs are rapidly evolving. In March of 2018, the EC published a package of reforms aimed at...more

Dechert LLP

Financial Services Quarterly Report - Second Quarter 2018: New EU Reporting Obligations in Relation to Cross-Border Transactions

Dechert LLP on

The European Council has adopted new rules aimed at providing EU tax authorities with advance information in relation to aggressive cross-border tax planning. A failure to provide prompt disclosure of such arrangements could...more

Skadden, Arps, Slate, Meagher & Flom LLP

"UK Serves Notice of Withdrawal From the EU, Triggering Two-Year Negotiation Period"

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UK Prime Minister Theresa May today served formal notification of the UK’s intention to withdraw from the European Union (EU) pursuant to Article 50 of the Treaty of Lisbon. This action commences a period of up to two years...more

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