On Nov. 28, 2022, the Council of the European Union adopted a decision to add the violation of restrictive measures to the list of so-called “EU crimes” set out in
Continue Reading EU Criminalizes Violations of EU Sanctions, With a Focus on Russia
European Commission Raids Fashion Companies Over Anti-Competitive Concerns
On May 17, 2022, the European Commission (Commission) announced it had conducted so-called “dawn raids” (i.e., unannounced inspections) at multiple undisclosed companies in the fashion industry in several European Union
Continue Reading European Commission Raids Fashion Companies Over Anti-Competitive Concerns
European Commission Proposes Criminalizing Economic Sanctions Violations and Bolsters Asset Recovery Measures
To make it easier to investigate, prosecute, and punish violations of restrictive measures in all EU Member States, on May 25, 2022, the European Commission (Commission) proposed making the violation
Continue Reading European Commission Proposes Criminalizing Economic Sanctions Violations and Bolsters Asset Recovery Measures
Conflicting EU, US Economic Sanctions Regimes: Implications for Multinational Companies
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
EU Proposed Regulation on Deforestation-Free Products: Impact on Food 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