News & Analysis as of

European Commission European Union Sanctions

A&O Shearman

Directive on Cross-Border Law Enforcement Access to Bank Account Registries Published in Official Journal of the European Union

A&O Shearman on

Directive (EU) 2024/1654 has been published in the Official Journal of the European Union, amending Directive (EU) 2019/1153 regarding access by competent authorities to centralized bank account registries through the...more

A&O Shearman

European Commission Report on Extension of Powers to Adopt Delegated Acts under MAR

A&O Shearman on

The European Commission has published a report, addressed to the European Parliament and the Council of the European Union, on the delegation of power to adopt delegated acts conferred on the Commission under the EU Market...more

Sheppard Mullin Richter & Hampton LLP

E(U)xterritoriality of EU Sanctions: The No Russia Clause

The EU is going extraterritorial, and it is doing so through private contract. It is a pretty neat trick. As a general rule, EU regulations do not apply extraterritorially. This policy is a bit pointed, intended to stand...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU Commission Issues Guidance for EU Companies on Enhanced Due Diligence To Prevent Sanctions Circumvention

On 7 September 2023, the European Commission (Commission) published a guidance note (the Guidance) for EU businesses on the circumvention of sanctions. The Guidance outlines the essential components for a company’s compliance...more

McDermott Will & Emery

Euro Vision on Corruption: All Singing from the Same Song-Sheet? Proposals for a New Anti-Corruption Legal Framework in the EU:...

McDermott Will & Emery on

On 14 September 2022, the President of the European Commission, Ursula Von Der Leyen, announced the Commission’s commitment to “update the EU’s legislative framework on anti-corruption to better prevent and fight corruption...more

Dechert LLP

The entry into force of the Digital Markets Act kicks off new era of digital regulation in Europe

Dechert LLP on

On 12 October the Digital Markets Act (DMA)1  was published in the Official Journal of the European Union. The DMA will enter into force on 1 November 2022 and will apply as of 2 May 2023. The DMA introduces European-wide ex...more

McDermott Will & Emery

[Webinar] Get Ready To Go Back To School: What You Might Have Missed This Summer In Data Privacy - September 29th, 1:30 pm - 2:30...

McDermott Will & Emery on

We are delighted to welcome you to our next webinar “Get Ready to Go Back to School: What You Might Have Missed this Summer in Data Privacy” which will cover the following topics: - The Digital Services Act, Digital...more

White & Case LLP

EU Commission proposes to strengthen criminal law to protect the environment

White & Case LLP on

On 15 December 2021, the European Commission adopted a proposal for a new EU Directive1 aimed at tightening compliance with EU environmental laws through the introduction of new criminal offences, increased sanctions and...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

Pillsbury - Global Trade & Sanctions Law

The European Commission Releases a Strategy to Strengthen EU Sanctions

On January 19, the European Commission released a strategy intended to “stimulate the openness, strength and resilience of the EU’s economic and financial system.” One of the key pillars of the strategy is centered around...more

White & Case LLP

On Your Skates! Lessons for Sports Governing Bodies and Event Organisers from the European Commission's ISU Decision

White & Case LLP on

In the International Skating Union case, the European Commission investigated the compatibility of the ISU’s Eligibility Rules with EU competition law following a complaint by two Dutch ice speed skaters. Upon finding the...more

A&O Shearman

Council of the European Union Issues Note on Strategic Priorities for AML and CTF

A&O Shearman on

The Presidency of the Council of the European Union has issued a note inviting Ministers of the Permanent Representatives Committee to consider certain issues regarding the EU anti-money laundering and counter-terrorism...more

A&O Shearman

European Commission Publishes Report on Implementation of Wire Transfer Regulation

A&O Shearman on

The European Commission has published a report detailing: (i) the extent to which Member States have implemented the sanctions and monitoring sections of the EU Wire Transfer Regulation; and (ii) the particular sanctioning...more

Sheppard Mullin Richter & Hampton LLP

Top 12 EU Legal Developments to Watch in 2017

Sheppard Mullin’s EU team has created a list of major legal shifts that await General Counsel and Compliance Officers in the areas of competition, EU regulatory and trade in 2017. These challenges may have an impact on your...more

Orrick - Finance 20/20

European Commission Guidance on Implementing Russian Sanctions

On December 18, the government published a European Commission notice (dated December 16) containing guidance on implementing certain provisions of EU Regulation 833/2014. The notice explains that the Regulation...more

Perkins Coie

Russia, Venezuela and North Korea: U.S. Trade Sanctions Expand in International Markets

Perkins Coie on

During the same week that President Barack Obama announced sweeping changes in the diplomatic and trade relationships between the United States and Cuba, the president signed congressional legislation authorizing additional...more

Miller Canfield

Export Controls in UK Offshore Centers

Miller Canfield on

Many private equity and investment funds are organized as limited partnerships or companies of offshore entities. Similarly, companies may structure mergers and acquisitions by utilizing offshore holding entities. The British...more

K&L Gates LLP

UPDATE: Developments in the Ukraine and Impact on Investments

K&L Gates LLP on

Following the agreement between G7 leaders on 25 April to promptly impose additional sanctions on Russia as it has failed to deliver on its Geneva commitments, the EU and the U.S. have now added new individuals and entities...more

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