EU law requires certain large companies to disclose non-financial information on the way they operate and manage social and environmental challenges. The current disclosure regime was introduced in 2014 by

Continue Reading EU to Make Changes to Its Sustainability Reporting Rules and Impose New Obligations on Non-European Companies

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

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

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

On 5 May 2021, the European Commission (the Commission) proposed a regulation to tackle foreign subsidies causing distortions in the European Union’s internal market (the Proposal).

The Commission is concerned
Continue Reading The European Commission’s Proposal for Regulating Foreign Subsidies Control