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Member State Proposed Legislation European Union

Latham & Watkins LLP

German Federal Government Adopts Draft CSRD Implementation Act

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The draft represents the next step in transposing the CSRD into national law. On 24 July 2024, the German Federal Government adopted the governmental draft of the Act implementing the EU Directive on Sustainability...more

Goodwin

The European Parliament Adopts Position on the European Commission’s Proposal for the First Major Overhaul of the EU Medicines...

Goodwin on

In April 2023, we published an alert in relation to two European Commission legislative proposals: new Regulation 2023/0131 and new Directive 2023/0132, to replace the current EU regulatory framework for all medicines...more

Fisher Phillips

Parental Leave Poised for a Significant Expansion in Denmark

Fisher Phillips on

Denmark’s parliament recently received an agreement between the Danish Trade Union Confederation and the Confederation of Danish Employers on proposing an expansion of paternity and maternity leave. This September 13, 2021...more

BCLP

AIFMD II: An evolution not a revolution at round 1

BCLP on

Today (25 November 2021) the European Commission (the Commission) released the results of its evaluation of the Alternative Investment Fund Managers Directive (AIFMD) which forms part of a Capital Markets Union legislative...more

Orrick - Antitrust Watch

Foreign subsidies: The European Commission goes extraterritorial

The EU State Aid regime has long protected the EU internal market from anti-competitive subsidies granted by EU Member States. On 17 June 2020, the European Commission published a White Paper that proposes a new set of tools...more

Benesch

Intel Releases Final Version of Proposed Federal Privacy Legislation

Benesch on

Santa Clara, California-based Intel Corporation has published what it is calling the “final draft” of its proposed U.S. federal privacy legislation, the original version of which was published in November 2018. As a result,...more

Akin Gump Strauss Hauer & Feld LLP

An EU Approach to Class Action Litigation

• A U.S.-style class action regime looms large in the European Union. • The current draft legislation imports certain hallmarks of the system celebrated by U.S. plaintiffs’ lawyers, but there is uncertainty over what...more

White & Case LLP

Financial Regulatory Observer – March 2019: Brexit preparedness for financial services: The German response

White & Case LLP on

It is yet unclear if and when the House of Commons will again decide about the Withdrawal Agreement and whether the date for the UK leaving the EU will be changed. Under the current circumstances, a hard Brexit on 29 March...more

Hogan Lovells

UK sanctions legislations rushes through Parliament in advance of a potential no-deal Brexit

Hogan Lovells on

Transposing more than 40 years of EU legislations is not straightforward, including when it comes to EU sanctions laws. In this context, UK secondary legislations are needed to replace references in sanctions laws to Member...more

Dechert LLP

Luxembourg Proposes 21-Month Grandfathering Period in a "Hard Brexit" Scenario

Dechert LLP on

The Luxembourg government has proposed legislation (Draft Bill), which would allow UK financial service providers to continue rendering certain services in Luxembourg for a period of up to 21 months after the date when the UK...more

White & Case LLP

Brexit preparedness for financial services: the German response

White & Case LLP on

The House of Commons recently rejected the Withdrawal Agreement. While the UK Parliament is still debating how to leave the EU, a hard Brexit remains an option. To prepare for this possibility, the UK, EU Commission and EU27...more

Jones Day

Collective Redress in Europe: Developments in Key Jurisdictions—The Netherlands

Jones Day on

The Situation: The Netherlands has a comprehensive system for collective actions and the collective settlement of claims but currently, there is no possibility to seek monetary damages in collective actions. The...more

White & Case LLP

Italy Readies Measures for a No-Deal Brexit

White & Case LLP on

On January 24, 2019 the Italian Ministry of Economy and Finance ("MEF") published a press release announcing that the Italian government has readied a set of measures necessary to ensure full continuity for financial markets...more

Jones Day

Foreign Investment in France: Strengthening Control and Extending Strategic Sectors Under PACTE Law and New Decree

Jones Day on

The Situation: In the context of strengthening the control of foreign investments, particularly at the European level, the French Parliament intends to deepen control procedures and broaden the scope of authorization of...more

Foley & Lardner LLP

EU Votes to Slash Emissions, Setting up a Final Vote by Member States Next Week

Foley & Lardner LLP on

As we previously discussed in May, the European Commission has been considering proposals to significantly reduce CO2 emissions from vehicles. The draft law for vehicles proposed CO2 reduction targets of 15 percent by 2025...more

Jones Day

EU Class Actions in the Making

Jones Day on

The Situation: Currently, European law provides only for representative actions to stop or prohibit infringements of EU consumer law, but not for collective redress. As a result, significant differences exist in the...more

Jones Day

German Government Releases Draft Act on Class Actions in Germany

Jones Day on

The Situation: As agreed in the Coalition Contract of the current German government, the Federal Ministry of Justice officially presented the Act on Model Declaratory Proceedings ("Draft Act") on May 9, 2018, after protracted...more

Jones Day

European Commission Proposes Screening Mechanism for Foreign Direct Investment into the European Union

Jones Day on

The European Commission ("Commission") has published a legislative proposal that seeks to establish a screening framework across the European Union ("EU") for foreign direct investment ("FDI") that may affect security or...more

Hogan Lovells

What you need to know before Brexit gets underway this week

Hogan Lovells on

This Wednesday, the UK embarks on a journey not previously taken by any other EU Member State. The process for withdrawing from the EU, which will get officially underway following the UK's formal notification to the European...more

K&L Gates LLP

Proposed Legislation Could Extend Geoblocking Restrictions to Traders’ Unilateral Conduct

K&L Gates LLP on

On 28 November, the Council of the EU (‘Council’) reached an agreement (‘Common Position’) on the draft Regulation intended to ban “unjustified” geo-blocking and other discriminatory practices that prevent end user customers...more

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