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European Union › Exemptions

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 -
Pillsbury Winthrop Shaw Pittman LLP

The EU’s AI Act: A Review of the World’s First Comprehensive Law on Artificial Intelligence and What This Means for EU and Non-EU...

Pillsbury Winthrop Shaw Pittman LLP on

The agreed text of the AI Act was published on July 12, 2024, essentially starting the clock on the legal deadlines contained in it. Its obligations will apply in tiered phases, with the first key obligations being enforced...more

Akin Gump Strauss Hauer & Feld LLP

Delaware Data Protection Act: What Businesses Need to Know

Akin Gump Strauss Hauer & Feld LLP on

In September 2023, Delaware became the seventh state in 2023 to enact comprehensive privacy law with the Delaware Personal Data Privacy Act (DPDPA), joining Indiana, Iowa, Montana, Oregon, Tennessee and Texas. The DPDPA will...more

Walkers

Transposition of Credit Servicers Directive in Ireland – Overview

Walkers on

On 29 December 2023, the Minister for Finance signed the European Union (Credit Servicers and Credit Purchasers) Regulations 2023 (the "Regulations") into law, thereby transposing the Directive on credit servicers and credit...more

Barnea Jaffa Lande & Co.

MiCA and Reverse Solicitation

Barnea Jaffa Lande & Co. on

Non-EU or non-MiCA compliant entities that want to offer or provide crypto-asset services to clients in the EU must be aware of the newly drafted guidelines from the European Securities and Markets Authority (ESMA). The...more

McDermott Will & Emery

Update on Tax, Investment Funds and Real Estate Law - The VAT Exemption for Alternative Investment Funds Is Coming Soon

McDermott Will & Emery on

Management services for alternative investment funds (AIFs) will be free from value-added tax (VAT) starting in 2024. This is good news for Germany as a fund location because there will finally be alignment with the more...more

BCLP

The only way is up?

BCLP on

We all see inflation rates having one direction only at the moment… Up. And higher inflation rates are bringing price adjustment clauses increasingly into focus in contract drafting. They are an effective means of...more

A&O Shearman

Revised EU rules on horizontal cooperation agreements include guidance on sustainability initiatives, information exchange and...

A&O Shearman on

On 1 June 2023, the European Commission (EC) adopted revised Horizontal Block Exemption Regulations on research & development agreements (R&D BER) and specialisation agreements (Specialisation BER) (jointly referred to as...more

Morrison & Foerster LLP

Exemptions for Pensions and Intragroup Transactions Extended Under UK EMIR in Further Divergence from EU EMIR

Morrison & Foerster LLP on

Pension funds and entities with in-scope intragroup OTC derivative transactions will be able to continue to rely on the temporary exemptions from clearing and/or margining requirements under UK EMIR, following the publication...more

BCLP

State aid: European Commission adopts new rules for agriculture, forestry and fishery and aquaculture sectors

BCLP on

The European Commission has revised its state aid rules for the agricultural, forestry and fishery/aquaculture sectors. The revisions relate to: ..the Agricultural Block Exemption Regulation (ABER); ..the Fishery...more

McDermott Will & Emery

Die Vergütung eines freigestellten Betriebsratsmitglieds

McDermott Will & Emery on

Einvernehmlicher Änderungsvertrag beeinflusst den Kreis der vergleichbaren Arbeitnehmer - Das BAG hat mit Urteil vom 23. November 2022 (Az. 7 AZR 122/22) den Anspruch eines freigestellten Betriebsratsmitglieds auf...more

Hogan Lovells

[Webinar] Mind the vertical gap: An update on the new rules on vertical agreements in the EU and UK - September 29th, 12:00 pm -...

Hogan Lovells on

Join the Hogan Lovells Antitrust and Competition team on Thursday, September 29, 2022 for a discussion on the key recent changes to the vertical agreement block exemptions in both the EU and UK: - Highlighting the key...more

Latham & Watkins LLP

6 Sustainability Takeaways in EU Antitrust & Regulatory - August 2022

Latham & Watkins LLP on

EU Parliament and Council reach agreement on CSRD - European Parliament and European Council | 21 June 2022 - The European Parliament and European Council reached a provisional political agreement on the terms of the...more

Latham & Watkins LLP

Vertical Block Exemption Regulation and Guidelines

Latham & Watkins LLP on

On 10 May 2022, the European Commission (EC) adopted the new Vertical Block Exemption Regulation (VBER), accompanied by the new Guidelines on Vertical Restraints (Vertical Guidelines). The new rules are the result of a...more

WilmerHale

European Commission adopts new Vertical Block Exemption Regulation

WilmerHale on

On May 10, 2022, the European Commission adopted the final text of the new Vertical Block Exemption Regulation (VBER) accompanied by the new Guidelines on Vertical Restraints (the VGL), which provide detail on interpretation...more

White & Case LLP

European Commission issues proposed guidance on information exchange in dual distribution relationships

White & Case LLP on

As part of its review of the EU antitrust rules governing vertical agreements, the European Commission (EC) has published for consultation a draft new section of its Vertical Guidelines, which contains proposed guidance on...more

Butler Snow LLP

U.S. Privacy Law: Past, Present and Future

Butler Snow LLP on

Privacy law is a hot topic for legislatures in the United States at both the state and federal levels. With the advent of influential laws from international governments, including the European Union, the lack of significant...more

Goodwin

New Developments on the VAT Exemption for Fund Management Services

Goodwin on

On 17 June 2021, the Court of Justice of the European Union (CJEU) rendered two decisions about the application of the VAT exemption for management services provided in article 135 (1) (g) of the EU VAT Directive and...more

Latham & Watkins LLP

EU Automotive Rules Under Review: Results of the Public Consultation

Latham & Watkins LLP on

The European Commission (EC) has published the results of its public consultation on the review of the Motor Vehicle Block Exemption Regulation (MVBER). Key Points: ..The automotive sector is under surveillance as it has...more

White & Case LLP

New notable EU asset freeze listings in relation to Belarus and Syria

White & Case LLP on

The EU has recently made certain notable EU asset freeze designations in relation to Belarus1 and Syria, focusing on various government officials – including President Alexander Lukashenko in Belarus - The Belarusian and...more

Latham & Watkins LLP

Impact of COVID-19: New Exemptions Under Antitrust Law

Latham & Watkins LLP on

EU/EFTA/ECN – On 23 March 2020, the competition authorities in the European Competition Network (the European Commission, the EFTA Surveillance Authority, and the national competition authorities of the EU/EEA) issued a Joint...more

Hogan Lovells

In the world of COVID-19, companies must not quarantine competition law compliance

Hogan Lovells on

Competition law will not be at the top of companies' agendas today. COVID-19 presents companies with many challenges. Companies will be looking for whatever solutions they can find to deal with this crisis. ...more

Obermayer Rebmann Maxwell & Hippel LLP

Coronavirus Saga: United States Suspends Entry into the U.S. of Foreign Nationals who have been in the Schengen Area (Parts of...

Obermayer Rebmann Maxwell & Hippel LLP on

President Trump has signed into force a new Presidential Proclamation that severely restricts the entry of certain foreign nationals into the U.S. in connection with the ongoing coronavirus pandemic. The proclamation goes...more

Gibney Anthony & Flaherty, LLP

Coronavirus Measures: U.S. Expands Travel Ban to Include Europe

Gibney Anthony & Flaherty, LLP on

President Trump signed a Presidential Proclamation further limiting travel to the United States for foreign nationals traveling from several European countries. WHO IS IMPACTED? The Proclamation suspends entry to the United...more

Fenwick & West LLP

The EU Copyright Directive: Potential Copyright Liability and a “Best Efforts” Standard for Platforms

Fenwick & West LLP on

In 2019, the Council of the European Union’s Committee of Permanent Representatives approved a Directive on Copyright in the Digital Single Market to respond to developments in the modes and markets for creation, production...more

Orrick, Herrington & Sutcliffe LLP

Cartolarizzazione di crediti deteriorati a valenza sociale

Orrick, Herrington & Sutcliffe LLP on

Con la legge del 27 dicembre 2019, n. 160, “Bilancio di previsione dello Stato per l’anno finanziario 2020 e bilancio pluriennale per il triennio 2020-2022” (la “Legge di Bilancio 2020”), pubblicata in Gazzetta Ufficiale n....more

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