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European Parliament

Morrison & Foerster LLP

Top 10 International Anti-Corruption Developments for March 2025

Designed for busy in-house counsel, compliance professionals, and anti-corruption lawyers, this newsletter summarizes some of the most important international anti-corruption law and enforcement developments from the past...more

A&O Shearman

European Parliament votes to delay sustainability and due diligence requirements

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The European Parliament has voted in favour of its 'stop the clock proposal' to delay the application of new sustainability reporting and due diligence under the Corporate Sustainability Reporting Directive (CSRD) and the...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU Parliament Votes To Delay Implementation of Sustainability Reporting and Due Diligence Obligations

On 3 April 2025, the European Parliament overwhelmingly voted to delay the implementation of the EU Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CS3D). The...more

Jones Day

European Parliament Agrees to Delay Certain EU ESG Rules

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On April 3, 2025, the European Parliament adopted, by an overwhelming majority, a Directive that would “stop the clock” on certain reporting requirements under the EU Corporate Sustainability Reporting Directive (CSRD), as...more

A&O Shearman

Omnibus proposals: Council of the EU agrees position on 'stop-the-clock' mechanism

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The Council of the EU has announced that it has agreed its position on the "stop-the-clock" mechanism to postpone the dates of application of certain corporate sustainability reporting and due diligence requirements, as well...more

Proskauer - Regulatory & Compliance

CSRD and CSDDD Officially Delayed, With Huge Majority of MEPs in Support

On 3 April 2025, the European Parliament voted to postpone the implementation dates for corporate sustainability due diligence and reporting requirements, as the first step in the European Commission’s “Omnibus”...more

Hogan Lovells

EU Omnibus simplification package update – what's next in terms of timing and process for the Council and Parliament?

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On 26 February 2025, the European Commission published its proposals for to postpone the application of the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CS3D)...more

Proskauer - Regulatory & Compliance

Momentum on Voting on the Omnibus Delay and Updating Corporate Sustainability Reporting Requirements

Vote to delay - On 1 April 2025, the European Parliament approved the “urgent procedure” with regards to the “Omnibus” package of proposals to streamline corporate sustainability requirements....more

Jones Day

European Council and European Parliament jump on the Omnibus

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In its meeting of March 20, 2025, the European Council expressed its support of the so-called Omnibus Package proposed by the European Commission on February 26, 2025. The Omnibus Package includes significant changes to EU...more

Proskauer - Regulatory & Compliance

European Council Greenlights First Step of Omnibus – The ‘Stop-the-clock’ Proposal

On 26 March 2025, the European Council approved its position, known as a “negotiating mandate”, on a key element of the European Commission’s proposal to streamline corporate sustainability requirements which are captured in...more

Fenwick & West LLP

European Commission Adopts Much-Anticipated Omnibus Package Aimed at Simplifying Various Sustainability Regulations

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On February 26, 2025, the Commission announced that it has adopted a new omnibus package of proposals designed to “simplify EU rules, boost competitiveness, and unlock additional investment capacity.” Commission President...more

Latham & Watkins LLP

German Parliament Passes Financial Market Digitisation Act

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The FinmadiG introduces material implementation measures for the European Digital Finance Package....more

A&O Shearman

Mario Draghi wants to reshape Europe’s regulation of M&A. Will his plans succeed?

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The former head of the European Central Bank is proposing a significant recalibration of EU competition enforcement in a bid to boost the European economy. The focus now is on whether his plans will be implemented. For...more

Mayer Brown

Europe Daily News, 16 December 2024

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COMPETITION - Commission clears acquisition of I.D.C. by Valeo Foods (M.11725) - Midday Express...more

Littler

EU Platform Workers Directive Came into Force on December 1, 2024

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We previously wrote about the Platform Workers Directive which was adopted by the European Parliament in April this year. The Directive came into force as of December 1, 2024....more

Ropes & Gray LLP

New Year’s Resolutions: What 2025 Holds for AI Regulation

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On 30 November 2022, OpenAI made its ChatGPT generative artificial intelligence chatbot publicly available. In the two years since, its unprecedented growth has fostered a dramatic shift in public attention to and interest in...more

K&L Gates LLP

New EU Commission Takes Office—Focus and Priorities

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On Wednesday 27 December, the European Parliament formally approved the new European Commission (Commission), led by Ursula von der Leyen, for her second term. A total of 370 out of 720 Members of the European Parliament...more

Baker Botts L.L.P.

Questions & Unsatisfactory Answers: The European Commission publishes guidance on the importer requirements of the EU Methane...

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Today, the European Commission published the document “Questions and answers on importer requirements of EU Methane Regulation (EU) 2024/1787” (the “Methane Q&A”). In short, the Methane Q&A is an attempt, but an insufficient...more

King & Spalding

Final Countdown: ESMA Guidelines on Funds’ Names Using ESG or Sustainability-Related Terms

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Over the past few years, there has been a sharp increase in funds using environmental, social, governance (“ESG”), sustainability, impact or sustainable development goals (“SDG”) references in fund names. With this has come...more

Latham & Watkins LLP

European Parliament Votes to Postpone Deforestation Regulation to 2025 and Proposes Additional Amendments

Latham & Watkins LLP on

The vote follows the European Commission’s proposal to delay application of the regulation by one year. On 14 November 2024, the European Parliament (Parliament) voted in favour of the European Commission’s (Commission) ...more

Baker Botts L.L.P.

P2N0 - Edition 19 - News and Views on the Drive Towards Net-Zero GHG Emissions

Baker Botts L.L.P. on

Welcome to the Edition 19 of P2N0 covering the drive to reduce greenhouse gas (GHG) emissions to net-zero (NZE). P2N0 identifies significant news items globally, reporting on them in short form, focusing on policy settings...more

Davies Ward Phillips & Vineberg LLP

Coherence over Deference: Regulations Are Subject to Same Standards of Judicial Review as Other Administrative Decisions

In the companion cases of Auer v Auer (Auer) and TransAlta Generation Partnership v Alberta (TransAlta), the Supreme Court of Canada (SCC) unanimously confirmed that regulations and other forms of subordinate legislation...more

Proskauer - Regulatory & Compliance

ESG Ratings Regulation progresses – asset managers to keep watch

The European Council of the European Union has on 8 November published the text of the Regulation on the transparency and integrity of environmental, social and governance (ESG) rating activities (the “Regulation”). The...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula: A Guide to Solvency II – Chapter 12: Undertakings in Difficulty

Undertakings in difficulty, in the context of Solvency II, refers to insurers that are either failing or likely to fail to meet their solvency capital requirement (SCR) or their minimum capital requirement (MCR) (together,...more

A&O Shearman

Gender diversity on corporate boards - 2024

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What to expect from the new EU Women on Boards Directive, including the practical changes for your management structure and the impact on the national legislation of each Member State. Women continue to be significantly...more

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