EU Directive

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New EU Trade Secrets Directive approved by Parliament: the secret is out

On 14 April 2016 the European Parliament finally approved the new European Union Trade Secrets Directive which will create a minimum legal benchmark to protect secret and valuable business information — also known as "trade...more

European Commission Launches Public Consultation on Revision of ePrivacy Directive

Pursuant to its Digital Single Market strategy and adoption of the General Data Protection Regulation (GDPR), the European Commission (EC) has launched a public consultation on the revision of Directive 2002/58/EC, better...more

Trade Secrets Directive

The protection afforded to trade secrets is disparate across the EU. In order to protect trade secrets as potential drivers for economic growth and jobs and to create a level-playing field within Europe, the European...more

European Parliament approves new EU data protection law

The European Parliament has voted on the General Data Protection Regulation (the "GDPR"). The vote marks the end of a four-year legislative process and makes the GDPR a reality....more

Blog: #IDD / #IMD2: EIOPA Publishes Preparatory Guidelines On Product Oversight & Governance

The European Insurance & Occupational Pensions Authority (EIOPA) has published its “Final Report … on Preparatory Guidelines on Product Oversight and Governance arrangements by insurance undertakings and insurance...more

Implementation Mortgage Credit Directive; What Changes?

The EU Mortgage Credit Directive (the "Directive") aims to create an efficient and competitive internal market for mortgage credit with a high level of consumer protection. The Directive requires European member states to...more

Breaking News: European Parliament Approves Trade Secrets Directive

On April 14, 2016 (by a vote of 503 to 131 with 18 abstentions), the European Parliament approved the text of a proposed Directive for the protection of trade secrets in the European Union. Once approved by the European...more

Draft EU Rules on Investor Protection under MiFID II Adopted by the European Commission

The European Commission adopted a Delegated Directive on aspects of the revised Markets in Financial Instruments Directive covering rules for the safeguarding of client financial instruments and funds, product governance...more

New Tough and Harmonized Framework for EU Data Protection

On April 8, 2016, the Council of the EU adopted the final text of the General Data Protection Regulation (GDPR). On April 14, the EU Parliament approved the Council’s decision. Twenty days after its publication in the...more

Blog: The Insurance Distribution Directive – An Introduction

The Insurance Distribution Directive (IMD2) came into force on 22 February 2016; and insurance manufacturers and distributors will have to comply with it from 23 February 2018 (at the latest). We don’t know exactly what that...more

Hidden Details: Thoughts on Trade Secrets From the UK

As reported recently by Seyfarth Shaw’s lawyers in this very blog, on 13 April the European Parliament will vote on the EU Commission’s proposed trade secrets directive. Many English legal practitioners, more or less...more

The new Insurance Distribution Directive – an overview and some initial reflections1

More than 13 years after Directive 2008/92/EC, Europe’s legislators have finally amended the rules governing insurance intermediation, by approving Directive 2016/97/EU of 20 January 2016 (Insurance Distribution Directive or...more

Regulatory Technical Standards for Recovery and Resolution of Institutions

A Commission Delegated Regulation, in the form of Regulatory Technical Standards, was published specifying procedural and content related requirements for the recovery and resolution of banks and certain investment firms...more

EU Guidelines on Assessing Knowledge and Competence Under MIFID II

The European Securities and Markets Authority published translations of its guidelines on the assessment of the knowledge and competence of individuals providing investment advice or information about financial instruments,...more

Privacy & Data Security Advisory: Even More EU Data Regulation: The Network Information Security Directive

While most of the attention in the EU data landscape in late 2015 and early 2016 was focused on the Schrems decision, negotiations regarding the EU-U.S. Privacy Shield and passage of the General Data Protection Regulation...more

EU Anti-Tax Avoidance Directive Published: Implications For Luxembourg Corporate Taxpayers

On 28 January 2016, the European Commission published the proposal for a so-called Anti-Tax Avoidance Directive. The Directive applies to all taxpayers which are subject to corporate tax in an EU Member State, including...more

UK Payment Systems Regulator Consults on Account Regulations

The Payment Systems Regulator published a consultation paper on the application of the Payment Account Regulations 2015 to alternative arrangements for switching accounts, including draft guidance on its approach to...more

The new "Procurement Code"

This past Thursday, March 3 - running the proxy law 28 January 2016, no. 11 - The Council of Ministers has preliminarily approved the legislative decree for the realization of the European directives no. 2014/23/EU,...more

The new “Procurement Code” (Italian)

Lo scorso giovedì 3 marzo - in esecuzione della legge delega 28 gennaio 2016, n. 11 -, il Consiglio dei Ministri ha approvato in via preliminare il Decreto Legislativo per l’attuazione delle direttive europee n. 2014/23/UE,...more

Procurement Pulse - March 2016

The final implementation date for the three new EU procurement directives is 18 April 2016 - so things are hotting up in terms of getting to grips with new legislation. Cabinet Office has reviewed the responses to its...more

Update on CbC reporting: UK passes regulations and EU Ministers agree on draft directive

On 26 February 2016 the UK enacted its country-by-country (CbC) reporting regulations. The regulations set out the requirements for UK parented multinational groups, UK residents and permanent establishments that are part of...more

European Trademark Reform: The 10 most relevant changes for Trademark Portfolio Management

European trademark law is facing the biggest reform since the introduction of the Community trademark system in 1996. The recently adopted European Trademark Reform will bring substantial changes not only to Community...more

Are your online terms and conditions compliant with UK requirements?

In April 2014 we reported on the then incoming regulations governing the sales of goods and services to consumers in the UK. Those regulations came into force on 13 June 2014 implementing the EU Consumer Rights Directive...more

Risk associated with non-financial reporting with respect to environmental issues

On 22 October 2014 the directive 2014/95/EU of the European Parliament and of the Council amending the directive 2013/34/EU as regards disclosure of non-financial and diversity information by certain large undertaking and...more

ECON Publishes Reports Postponing Application of MiFID II, MiFIR, MAR and CSDR

The European Parliament’s Committee on Economic and Monetary Affairs (“ECON“) has published two draft reports on the proposed directive postponing application of the MiFID II Directive, the proposed regulation amending the...more

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