Archives: EU Law and Regulatory

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The Week Ahead in the European Parliament – Friday, May 7, 2021

Next week will be a committee week in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Monday, the Committee on Foreign Affairs (“AFET”) will hold several debates on a series of draft reports on the … Continue Reading

The Week Ahead in the European Parliament – Friday, April 23, 2021

Next week will be a plenary week in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Tuesday, the plenary is set to finally ratify the EU-UK Trade and Cooperation Agreement (“TCA”), the extensive free trade … Continue Reading

The European Commission’s Planned Role to Implement its Proposed Sustainable Batteries Regulation

In December 2020, the European Commission presented a proposal for a new Regulation on Batteries and Waste Batteries.  The proposed Regulation aims to replace the current framework of Directive 2006/66/EC and seeks to achieve objectives set out in the European Green Deal and subsequent strategies, such as the transition to a carbon neutral and circular … Continue Reading

The Week Ahead in the European Parliament – Friday, April 16, 2021

Next week will be a committee week in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Thursday, MEPs of the Committee on Legal Affairs (“JURI”) will have an exchange of views with Thierry Breton on … Continue Reading

The Week Ahead in the European Parliament – Friday, April 9, 2021

Next week will be a committee week in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Tuesday, MEPs of the Committee on Civil Liberties, Justice, and Home Affairs (“LIBE”) will have their first debate with … Continue Reading

China and the West

In coordinated action on 22 March 2021, the EU, US, Canada and the UK imposed sanctions on four Chinese officials accused of complicity in human rights violations in Xinjiang. The Chinese responded by imposing sanctions on a group of MEPs, European academics and think-tanks on 23 March and followed these announcements by imposing retaliatory sanctions … Continue Reading

The Week Ahead in the European Parliament – Friday, March 19, 2021

Next week will be a mixed week with committee meetings and plenary sessions in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Tuesday, the Committee on Economic and Monetary Affairs (“ECON”) will have a debate … Continue Reading

The Financial Services Sector: ESG and the UK

Given increasing public and investor focus on ESG disclosures and the growing recognition that managing ESG risks effectively can be effective in creating long-term value, there is significant and growing (internal and external) pressure on companies to make some form of ESG disclosure.  Some companies already view voluntary comprehensive ESG disclosure as a way of … Continue Reading

The Week Ahead in the European Parliament – Friday, March 12, 2021

Next week will be a committee week in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Monday, during a meeting of the Committee on Environment, Health, and Food Safety (“ENVI”), Commission Deputy Director-General for Health … Continue Reading

Sustainability in Financial Services: The EU Sustainable Finance Disclosure Regulation and the Taxonomy Regulation

A heightened focus on green finance and green investments has renewed legislative impetus, culminating in a series of regulatory developments across the European Union and more recently, the UK.  Some of these notable developments encompass green efforts by the Task Force on Climate-related Financial Disclosures; the European Non-Financial Reporting Directive 2014/95/EU; and the European Commission’s … Continue Reading

The Week Ahead in the European Parliament – Friday, February 26, 2021

Next week will be a mixed week of committee and political groups meetings in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Thursday, the MEPs of the Committee on Economic and Monetary Affairs (“ECON”) will … Continue Reading

EU Cloud Initiatives in 2021 and 2022

For the European Union, data is a core priority for economic growth, whether to facilitate personalized medicine or autonomous vehicles.  Between 2018 and 2025, the value of the data economy in Europe is projected to nearly triple, from €301 billion to €829 billion, and the number of data professionals is expected to nearly double. Given … Continue Reading

The Week Ahead in the European Parliament – Friday, February 19, 2021

Next week will be a committee week in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Monday, the European Parliament will host an inter-parliamentary conference on economic stability, coordination and governance in the EU.  The … Continue Reading

Brexit and the Financial Services Sector

The EU-UK Trade & Cooperation Agreement (‘TCA’), signed at the end of last year did not cover financial services. Commentators had been sanguine about the potential impact on the City of London as a global financial centre. Figures showing that only 7,500 jobs had been re-located to the EU (out of the approximately 1.1 million … Continue Reading

The European Commission opens online public consultations on the Review of the Blood, Tissues and Cells Directives

 On January 21, 2021, the European Commission opened two public consultations on the review of the EU Blood Directive and the EU Tissues and Cells Directive.  Both Directives are more than fifteen years old, and their implementation diverges widely across the member states.  The rules on human blood and tissue gain increasing importance for companies … Continue Reading

Goldman Sachs v Commission: The CJEU further expands the parental liability doctrine — private equity businesses and investors tread carefully

On 27 January 2021, the Court of Justice of the European Union (“CJEU”) confirmed in Goldman Sachs Group Inc. v European Commission that financial investors can be liable where they hold 100% voting rights over an indirect entity that participated in a cartel, even though the investor does not own 100% of the share capital … Continue Reading

The Week Ahead in the European Parliament – Friday, February 5, 2021

Next week will be a plenary week in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Tuesday, the Parliament will debate and vote on the Recovery and Resilience Facility (“RFF”), the main pillar of the … Continue Reading

The Week Ahead in the European Parliament – Friday, January 22, 2021

Next week will be a committee week in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Monday, the Committee on Economic and Monetary Affairs (“ECON”) will have a structured dialogue with Commissioner for Financial Services … Continue Reading

The Week Ahead in the European Parliament – Friday, January 15, 2021

Next week will be plenary week in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Monday, MEPs will debate and vote (Tuesday) on a report on strengthening the EU’s capabilities to enforce its rights under … Continue Reading

The Week Ahead in the European Parliament – Friday, January 8, 2021

Next week, Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels for committee meetings.  Several interesting votes and debates are scheduled to take place. On Monday, the Committee on International Trade (“INTA”) is the first Committee to debate on the merits of the EU-UK Trade and Cooperation Agreement (“TCA”), which … Continue Reading

Presentation of the results from the Covington/Brussels School of Competition immunity and leniency survey 2020

We recently presented to DG COMP the findings of the immunity and leniency survey 2020, which was conducted jointly by Covington and the Brussels School of Competition. The survey ran from December 2019 to March 2020 and asked competition law practitioners, enforcers and in-house counsels to share their observations on the perceived decline in immunity … Continue Reading
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