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Baker Donelson

EU AI Act Tightens Grip on High-Risk AI Systems: Five Critical Questions for U.S. Companies

Baker Donelson on

A new era of AI legislation has begun as the EU AI Act enters into force on August 1, 2024. With broad extraterritorial reach, significant penalties of up to seven percent of worldwide annual turnover, and an emphasis on...more

Akin Gump Strauss Hauer & Feld LLP

EU Ratifies Pioneering Artificial Intelligence Legislation

On May 21, 2024, the European Union finalized the adoption of the groundbreaking EU Artificial Intelligence Act, a comprehensive and sector-agnostic legislation that extends globally. This 420-page Act aims to regulate the...more

American Conference Institute (ACI)

[Event] 5th Annual European Forum on Global FDI Reviews - June 11th - 12th, Ixelles, Belgium

Hosted by C5 Group, the 5th Annual European Forum on Global FDI Reviews returns for another exciting year with curated programming that provide sessions on the most pressing issues coming across your desk and strategic...more

Mayer Brown

EU Bans Products Made Using Forced Labour – What Should Companies Expect?

Mayer Brown on

On March 5, 2024, the European Parliament and the Council of the European Union reached a "political agreement" on a Regulation prohibiting products made with forced labour ("the EU Forced Labour Regulation" or "the EUFLR")...more

A&O Shearman

Draft EU Foreign Investment Screening Regulation sets out more comprehensive screening regime

A&O Shearman on

On 24 January 2024, the European Commission (EC) published its proposed reform of foreign investment screening in the EU. The proposal introduces more comprehensive rules for the review of foreign investments and strengthens...more

Jones Day

European Commission Signals Increased Scrutiny in Semiconductors, AI, Quantum Technologies, and Biotechnologies

Jones Day on

On October 3, 2023, the European Commission ("Commission") unveiled a list of 10 technology areas qualified as "critical" to the European Union's ("EU") economic security, out of which four (Semiconductors, AI, Quantum...more

Jones Day

EU Readies New Regulation of Foreign Subsidies That "Distort the EU Market"

Jones Day on

Overview of the FSR - The Treaty on the Functioning of the European Union ("TFEU") prohibits any form of public financial support selectively granted to businesses that distorts competition, absent an exception. The EU's...more

Hogan Lovells

Novelle des Energiesicherungsgesetzes: Zusätzliche Handlungsoptionen

Hogan Lovells on

Mit der Reform des Energiesicherungsgesetzes schafft der Gesetzgeber umfangreiche neue Regelungen und Handlungsmöglichkeiten zur Sicherung der Energieversorgung im Krisenfall. Betreiber kritischer Infrastruktur im...more

Jones Day

EU Revises State Aid Rules for Important Projects of Common European Interest

Jones Day on

Background - The Treaty on the Functioning of the European Union ("TFEU") prohibits Member States from selectively granting public financial support to businesses that distorts competition and affects trade among Member...more

Skadden, Arps, Slate, Meagher & Flom LLP

CFIUS Goes Global: New FDI Review Processes Proliferate, Old Ones Expand

Takeaways - Since 2018, the U.S. and several other countries have revised or installed national security-related screening of foreign direct investments. Many jurisdictions now require filings for investments in the...more

White & Case LLP

Foreign direct investment reviews 2021: Italy

White & Case LLP on

In response to the COVID-19 emergency, the screening powers of the Italian government were significantly expanded - The Italian government, led by the President of the Council of Ministries, together with any other...more

Hogan Lovells

EU foreign direct investment screening: lessons learnt after a year in motion

Hogan Lovells on

In its First Annual Report on the EU Foreign Direct Investment (FDI) Screening Regulation and Member States’ individual screening mechanisms, the European Commission takes stock of the first year of implementation of the new...more

Dechert LLP

European Commission’s Proposed Regulation on Artificial Intelligence: Conducting a Conformity Assessment in the Context of AI. Say...

Dechert LLP on

Introduction - The European Commission (EC) on April 21, 2021, proposed a regulation establishing a framework and rules (Proposed Regulation) for “trustworthy” Artificial Intelligence (AI) systems. ...more

Morrison & Foerster LLP

Draft EU Regulation For Artificial Intelligence Proposes Fines Of Up To 6% Of Total Annual Turnover

After the presentation of a general “European Approach to Artificial Intelligence” by the EU Commission in March 2021, a detailed draft regulation aimed at safeguarding fundamental EU rights and user safety was published...more

Morgan Lewis - Tech & Sourcing

European Commission Adopts Roadmap for 2030 ‘Digital Decade’

The European Commission adopted a roadmap for the European Union's digital economy until 2030 on February 10, 2021. The roadmap aims to provide the following: This digital transformation targets European citizens, businesses,...more

Hogan Lovells

Emissionsminderungsgutschriften: Der Markt für Emissionsminderungsgutschriften entwickelt sich

Hogan Lovells on

Die europäische Kommission plant bis 2050 klimaneutral zu sein. Bis 2030 soll eine Reduktion der Emissionen von Treibhausgasen von mindestens 55% im Vergleich zu 1990 stattfinden. Die Taskforce on Scaling Voluntary Carbon...more

White & Case LLP

Foreign direct investment reviews 2020: A global perspective - Sweden

White & Case LLP on

Increased awareness of safety concerns related to foreign direct investments has prompted a ramp-up toward the implementation of a general FDI screening regulation - As of this writing, Sweden does not have a general FDI...more

Hogan Lovells

At last the EU foreign direct investment screening becomes fully applicable

Hogan Lovells on

The long-awaited application of the European Union (EU) Regulation on a framework for the screening of foreign direct investment (FDI) in the EU started yesterday, 11 October 2020. It is still early days to anticipate how the...more

Dechert LLP

Increased regulatory scrutiny of foreign direct investments in the healthcare sector

Dechert LLP on

Key Takeaways - - Foreign Direct Investment (FDI) controls are proliferating around the globe. Since the pandemic, “health” has become a particular focus.  - Several countries have adapted their existing FDI rules, or...more

Jones Day

Foreign Direct Investment Screening in Europe and the Middle East

Jones Day on

One effect of the COVID-19 pandemic has been to accelerate the implementation of new or stricter controls on inward-bound foreign direct investment activity ("FDI"), particularly in the European Union. For example, in March...more

White & Case LLP

Increasing Scrutiny of Foreign Investments in the German Healthcare Sector

White & Case LLP on

The COVID-19 pandemic has changed most governments' views on the strategic relevance of the domestic healthcare sectors across the globe. Although the European Commission, and also the German government, have re-emphasized...more

Skadden, Arps, Slate, Meagher & Flom LLP

Crisis Prompts European Countries To Step Up Protections Against Foreign M&A

The coronavirus pandemic has weakened European economies and companies. EU and national governments have expressed concern that foreign investors may opportunistically take advantage of the crisis to acquire domestic...more

Hogan Lovells

Ramping up production of key medical equipment: new EU guidance issued for manufacturers

Hogan Lovells on

To help combat the threat posed by the COVID-19 outbreak, the European Commission last week announced the publication of new guidance aimed at assisting manufacturers to increase production of essential medical equipment....more

White & Case LLP

COVID-19 – Commission issues guidelines to protect European critical assets from foreign investment

White & Case LLP on

On 25 March 2020, the European Commission issued guidelines to coordinate the EU's approach to investment screening in light of the COVID-19 crisis and to protect the EU's critical assets and technologies from potential...more

Morgan Lewis

COVID-19: EU Commission Issues Guidelines to Protect Against Predatory Buyers

Morgan Lewis on

The European Commission on March 25 issued guidelines addressed to its member states outlining an EU-wide approach for foreign direct investment screening. The guidelines seek to protect EU companies as well as critical...more

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