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McDermott Will & Emery

Illumina/GRAIL: European Court of Justice Annuls the Commission’s Approach

In a spectacular turn, on September 3, 2024, the Court of Justice (CJEU), constituted as the grand chamber, overturned the ruling of the General Court (GC) and annulled the decision made by the Commission to accept requests...more

WilmerHale

European Union AI Act Published in the Official Journal - Critical Milestones on the Road to Full Applicability

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The EU Artificial Intelligence (AI) Act was published in the Official Journal of the European Union on July 12, 2024, as “Regulation (EU) 2024/1689 of the European Parliament and of the Council of 13 June 2024 laying down...more

Jenner & Block

Client Alert: Corporate Sustainability Due Diligence Directive: Five Key Questions Answered

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On April 24, 2024, the European Parliament approved the Corporate Sustainability Due Diligence Directive (CS3D). The directive, which must be formally endorsed by the Council of the European Union (EU) before officially...more

Goodwin

Digital Markets Act: Mandatory Compliance for Big Tech Companies

Goodwin on

The Digital Markets Act (DMA) regulation of September 14, 2022, along with the Digital Services Act (DSA) regulation, represents one of the major digital initiatives of the European Union. Gradually applicable since May 2,...more

White & Case LLP

Key trends emerging from the start of the EU Foreign Subsidies Regulation regime

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The first months of application of the EU Foreign Subsidies Regulation (FSR) have involved a large number of notifications, lengthy and wide-ranging requests for information, and the opening of the first in-depth...more

White & Case LLP

European Commission proposes measures to up the ante on EU FDI screening

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Foreign direct investment ("FDI") screening was one of the major topics of 2023 as a myriad of new regimes joined the FDI club and its more seasoned members continue to strengthen scope and enforcement, with the impacts felt...more

A&O Shearman

Draft EU Foreign Investment Screening Regulation sets out more comprehensive screening regime

A&O Shearman on

On 24 January 2024, the European Commission (EC) published its proposed reform of foreign investment screening in the EU. The proposal introduces more comprehensive rules for the review of foreign investments and strengthens...more

NAVEX

Understanding the Updates and Implications of the EU Corporate Sustainability Due Diligence Directive

NAVEX on

On February 23, 2022, the European Commission released a proposal for the Corporate Sustainability Due Diligence Directive (CSDDD or the Directive). The Directive aims to mandate both EU and non-EU companies that conduct...more

Lathrop GPM

European Union Artificial Intelligence Act

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On June 14, 2023, the European Parliament passed its version of the Artificial Intelligence Act (the “Act”). The Act is now under review by negotiators from the European Union’s (“EU”) three bodies – the European Commission,...more

Proskauer Rose LLP

Regulation Round Up - October 2023

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Fund Tokenisation: The Financial Conduct Authority (“FCA”) published a press release announcing that it has joined the Monetary Authority of Singapore’s Project Guardian, a collaborative initiative with the financial industry...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

Mintz

Foreshadowing Biden’s AI Executive Order? — AI: The Washington Report

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Welcome to this week's issue of AI: The Washington Report, a joint undertaking of Mintz and its government affairs affiliate, ML Strategies. The accelerating advances in artificial intelligence (“AI”) and the practical,...more

McDermott Will & Emery

ELTIF 2.0 - Eine Alternative Zum Offenen Immobilien-Publikumsfonds?

McDermott Will & Emery on

I. Einleitung - Der European Long-Term Investment Fund (ELTIF) ist ein europäisches Anlageinstrument, das aus wirtschaftspolitischen Erwägungen eingeführt wurde, um bestimmten Branchen und Unternehmen zusätzliche...more

King & Spalding

New European Batteries Regulation Has Been Adopted

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The European Union (EU) published its new Batteries Regulation on July 28, 2023. The long-awaited text, presented for the first time by the EU Commission in late 2020 and subject to negotiations since then, contains a...more

WilmerHale

EU Foreign Subsidies Regime: Publication of Final Implementing Regulation

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The EU’s Foreign Subsidies Regulation (FSR) was adopted in late 2022. Its stated aim is to combat the effects of competitive distortions caused by foreign subsidies in the EU internal market and thereby level the playing...more

Latham & Watkins LLP

Foreign Subsidies Regulation Key Updates for PE Deal Teams

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European M&A is expected to become more complex after European legislators agreed on a new Foreign Subsidies Regulation (FSR), which came into force in January 2023 and aims to control subsidies that distort the EU internal...more

McDermott Will & Emery

The European Commission Publishes Final Implementing Regulation on Proceedings Pursuant to the Foreign Subsidies Regulation

McDermott Will & Emery on

Last Step Towards a New Regulatory Framework for M&A Transactions Within the European Union - On July 10, 2023, the European Commission (the “Commission”) published its final regulation for implementing the Foreign...more

McDermott Will & Emery

[Webinar] Preparing for Foreign Subsidies Regulation (FSR) - June 30th, 9:30 am CEST

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As the European Commission prepares to enforce the recently adopted Foreign Subsidies Regulation (FSR) and its implementation is imminent, it is time to prepare for this new regulatory framework. Join us, together with...more

McDermott Will & Emery

[Webinar] Preparing for Foreign Subsidies Regulation (FSR) - June 26th, 3:30 pm CEST

McDermott Will & Emery on

As the European Commission prepares to enforce the recently adopted Foreign Subsidies Regulation (FSR) and its implementation is imminent, it is time to prepare for this new regulatory framework. Join us, together with...more

Jones Day

New EU Deforestation Regulation and the Challenges in Its Implementation

Jones Day on

In Short - The Situation: The European Union ("EU") has adopted a new regulation designed to tackle deforestation and forest degradation in the EU and globally by preventing European citizens from buying, using, and...more

White & Case LLP

EU's Foreign Subsidies Regulation – the European Commission seeks feedback on a draft implementing regulation

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On 6 February 2023, the European Commission launched a four-week public consultation on the draft Implementing Regulation on proceedings under the Foreign Subsidies Regulation (FSR). Whilst the Commission has made an effort...more

Goldberg Segalla

European Union Moves to Create Subsidy Regime to Counteract U.S. Clean-Tech Policies

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The European Union plans to push back against the clean-tech tax breaks provided in the Inflation Reduction Act (IRA) by easing subsidy rules and creating a new source of money to help member states compete with the United...more

King & Spalding

The EU Regulation on Foreign Subsidies is published – What does it target and what does it involve for companies?

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On 23 December 2022, the new EU Foreign Subsidies Regulation (“FSR”)1 was published in the Official Journal of the EU. The FSR aims at tackling the distortions to the EU internal market caused by subsidies granted by...more

White & Case LLP

The Draft DMA Implementing Regulation – Balancing effectiveness with due process?

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On 9 December 2022, the European Commission published its draft DMA Implementing Regulation for consultation, together with the proposed Notification Form for "gatekeepers". The text deals with notifications, submissions and...more

WilmerHale

Final Adoption of the EU's Foreign Subsidies Regulation

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On November 28, 2022, the Council of the European Union (Council) gave its final approval to the proposed Regulation on Foreign Subsidies (Regulation), concluding seven months of negotiations with the EU Parliament. Under...more

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