News & Analysis as of

European Commission Exports European Union

Skadden, Arps, Slate, Meagher & Flom LLP

Corporate Sustainability Due Diligence Directive: What Companies in Germany Need To Know

The European Union’s Corporate Sustainability Due Diligence Directive (CSDDD or Directive) entered into force on July 25, 2024, establishing a framework for companies to address risks and adverse impacts on human rights and...more

K&L Gates LLP

European Union Adopts New Sanctions Against Russia and Belarus

K&L Gates LLP on

The European Union has again amended its sanctions against Russia and Belarus by adopting further legal acts, which put additional compliance obligations on EU companies. In particular, businesses will now have to undertake...more

Sheppard Mullin Richter & Hampton LLP

E(U)xterritoriality of EU Sanctions: The No Russia Clause

The EU is going extraterritorial, and it is doing so through private contract. It is a pretty neat trick. As a general rule, EU regulations do not apply extraterritorially. This policy is a bit pointed, intended to stand...more

Mayer Brown

Europe Daily News, 07 March 2024

Mayer Brown on

COMPETITION - -Non-opposition to a notified concentration (Case M.11385 - Permira / Blackstone / Adevinta) -Non-opposition to a notified concentration (Case M.11381 - Allianz / Pimco / Silver Point / Incora...more

Mayer Brown

EU Political Agreement on Forced Labor Product Ban

Mayer Brown on

On March 5, 2024, the European Parliament and the Council of the European Union reached a "political agreement" on a Regulation prohibiting products made with forced labor on the European Union ("EU") market. While binding...more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of February

Mayer Brown on

I. US SANCTIONS - US Department of the Treasury Sanctions Almost 300 Individuals and Entities: On February 23, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned almost 300 individuals...more

White & Case LLP

New dual-use export control and outbound investment approach as part of the EU's Economic Security Strategy

White & Case LLP on

Continuing the work from the Joint Communication on a European Economic Security Strategy published in June 2023, the European Commission unveiled a comprehensive package with five proposed initiatives to strengthen the EU's...more

American Conference Institute (ACI)

[Event] 18th Annual Flagship Conference on Economic Sanctions Enforcement and Compliance - April 29th - 30th, Washington, DC

For over eighteen years the “who’s who” in the global sanctions’ community has attended 18th Annual Flagship Conference on Economic Sanctions Enforcement and Compliance– which is widely regarded as the premier conference for...more

WilmerHale

European Parliament Committees Adopt Their Position on the Proposed EU Forced Labour Regulation

WilmerHale on

On October 16, 2023, the Committee on International Trade (INTA) and the Committee on Internal Market and Consumer Protection (IMCO) of the European Parliament adopted their position (the Committee Position; see here and...more

White & Case LLP

The EU’s CBAM Implementing Regulation is ready; are you?

White & Case LLP on

The EU's Carbon Border Adjustment Mechanism (the "CBAM") reporting obligations started applying from 1 October 2023. The final CBAM Implementing Regulation introduces further insight and key clarifications. The CBAM...more

A&O Shearman

The Netherlands, European Union and China all make their next moves in the game to control semiconductor supply chains

A&O Shearman on

Following negotiations with the United States, the Netherlands in January 2023 agreed to impose controls on the export of certain semiconductors and related products to China....more

Pillsbury - Global Trade & Sanctions Law

Unveiling the New European Economic Security Strategy

The EU’s new Joint Communication on a European Economic Security Strategy proposes a methodology for an EU economic security risk assessment and identifies measures to mitigate these risks. The Strategy is noteworthy because...more

White & Case LLP

Four things to know when preparing for EU Carbon Border Adjustment Mechanism reporting

White & Case LLP on

The application of the EU's Carbon Border Adjustment Mechanism ("CBAM") is fast approaching for importers and manufacturers of products in the cement, fertiliser, iron, steel, aluminium, hydrogen and electricity producing...more

American Conference Institute (ACI)

[Event] European Forum on Global Economic Sanctions - June 1st - 2nd, Berlin, Germany

Hosted by C5 Group, the European Forum on Global Economic Sanctions is recognized as Europe's Premier, longstanding gathering for financial institutions and global exporters. The industry across Europe is confronting an...more

American Conference Institute (ACI)

[Event] 17th Annual Flagship Conference on U.S. Economic Sanctions Enforcement and Compliance - April 25th - 26th, Washington, DC

The American Conference Institute is hosting their 17th Annual Flagship Conference on U.S. Economic Sanctions Enforcement and Compliance on April 25-26, 2023, in Washington! Don’t miss the opportunity to stay current with the...more

Akin Gump Strauss Hauer & Feld LLP

Putting a stop to the subsidy war

With the enactment of the U.S. Inflation Reduction Act (IRA) and the announcement of the European Union (EU) Green Deal Industrial Plan, there is now a full-fledged subsidy war between the United States and the European...more

A&O Shearman

The European Commission puts supply chains under the spotlight

A&O Shearman on

Supply chain risks are drawing attention across the globe. Recent geo-political and economic shocks such as Covid-19, Russia’s invasion of Ukraine, the U.S.-China trade war and connected inflation are driving this focus. ...more

Hogan Lovells

Lieferketten-Compliance reloaded – EU-Kommission plant Verbot von Produkten aus Zwangsarbeit

Hogan Lovells on

„Environmental, Social and Corporate Governance“ („ESG“)-Themen sind weiterhin ein Treiber für regulatorische Entwicklungen im Bereich der Lieferketten-Compliance. Ein zentraler Aspekt des „S“, der auch politisch hohe...more

Hogan Lovells

EU Commission Proposal to ban products made with forced labour from the EU market

Hogan Lovells on

On 14 September 2022, the European Commission released a proposal for a Regulation prohibiting products made with forced labour on the EU market. The European Commission has taken a comprehensive approach, with the ban...more

Latham & Watkins LLP

European Commission Proposes Legislation to Prohibit Products Made or Imported With Forced Labour

Latham & Watkins LLP on

The proposal highlights the growing global focus on companies’ human rights obligations not just towards employees but also towards workers in their supply chains. On 14 September 2022, the European Commission (the...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU and UK Adopt Further Sanctions and Export Controls Targeting Russia

In recent months, the European Union and United Kingdom have adopted additional measures targeting key elements of the Russian economy in response to the invasion of Ukraine. Specifically, the EU and UK continue to expand the...more

Skadden, Arps, Slate, Meagher & Flom LLP

US, UK and EU Impose New Sanctions and Export Controls on Key Elements of Russian Economy

Since the publication of our March 24, 2022, and March 17, 2022, client alerts, the U.S., U.K. and European Union, among other allied nations, have imposed additional sanctions and export controls on key elements of the...more

Sheppard Mullin Richter & Hampton LLP

Arming for a Trade War: The EU Proposes an Unprecedented Anti-Coercion Regulation

Scope of the Proposed Regulation - The Regulation would apply where a third country interferes in the legitimate sovereign choices of the Union or a Member State, by applying or threatening to apply measures affecting...more

Hogan Lovells

Recast Dual-Use Regulation: An Overhaul of the EU export control regime fitted for the XXI century?

Hogan Lovells on

After journey of over four years, the EU adopted Regulation (EU) 2021/821, recasting the Dual-Use Regulation. The new rules will enter into force on 9 September 2021 and will entail stricter catch-all controls on non-listed...more

Akin Gump Strauss Hauer & Feld LLP

The Recast Dual Use Regulation – A Missed Opportunity

Key Points - On 11 June 2021 the European Union (the “EU”) published Regulation (EU) 2021/821 (the “Recast Regulation”) in its Official Journal, which marked the final step with respect to modernizing its existing dual use...more

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