On June 30, 2022, the European Parliament (EP) and the Council announced that they had reached a provisional political agreement on the EU Foreign Subsidies Regulation (FSR).

The European Commission
Continue Reading Political Agreement Reached on EU Foreign Subsidies Regulation

On 10 May 2022, the European Commission adopted the long-awaited new Vertical Block Exemption Regulation (VBER) and the new accompanying Vertical Guidelines (Guidelines). The VBER entered into force on 1
Continue Reading The New VBER and Vertical Guidelines Explained: Key Takeaways

On 1 August 2022, the Act implementing the EU Directive on Transparent and Predictable Working Conditions (the Act) likely will enter into force, as EU Member States have until
Continue Reading The Act Implementing the EU Directive on Transparent and Predictable Working Conditions: An Overview

Following Russia’s invasion of Ukraine, the EU has adopted a wide range of sanctions against Russian and Belarusian individuals and companies, including restrictions on export and access to financial markets.
Continue Reading EU Temporary Framework for State Aid Measures in Response to Ukraine Conflict and to Support Banking Sector

For companies subject to U.S. economic sanctions regimes, compliance is complicated by Regulation (EC) No 2271/96 (EU Blocking Regulation), which was updated in 2018 in light of the U.S. position
Continue Reading Conflicting EU, US Economic Sanctions Regimes: Implications for Multinational Companies

In March 2021, the Council of the European Union adopted Directive 2021/514 amending – for the sixth time – Council Directive 2011/16/EU on administrative cooperation in the field of taxation
Continue Reading EU’s DAC7: New Tax Reporting Obligations for Platform Operators

On Dec. 9, 2021, the European Commission proposed the Platform Work Package, a set of measures intended to improve the working conditions of persons working through “digital labor platforms” in
Continue Reading EU Platform Work Package: What Does It Mean for Platform Businesses?

On Nov. 17, 2021, the European Commission adopted a proposal for a Regulation on Deforestation-Free Products. The purpose of the regulation is to ensure that only “deforestation-free” and legal
Continue Reading EU Proposed Regulation on Deforestation-Free Products: Impact on Food Businesses

The Carbon Border Adjustment Mechanism (CBAM) is a carbon-pricing system for imports into the European Union. The relationship between the CBAM and the European Emission Trading Scheme (ETS) would be
Continue Reading EU Carbon Border Adjustment Mechanism Proposal and Its Relationship to the European Emission Trading Scheme

The EU’s Vertical Block Exemption Regulation (VBER) and accompanying Guidelines on Vertical Restraints of the European Commission (Guidelines), dated from 2010, are currently under evaluation, with the EU Commission having
Continue Reading Distribution Agreements in the EU: Changes After VBER and Accompanying Guidelines are Revised