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European Council

Goodwin

AI Act Published - What’s Next?

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The EU Artificial Intelligence (AI) Act is set to become the world’s first comprehensive regulation on AI. After extensive negotiations, the European Parliament, Commission, and Council reached a political agreement on the AI...more

Walkers

AIFMD II: Timeline to Implementation

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In March, the Council of the European Union published the Alternative Investment Fund Managers Directive (AIFMD II), aimed at harmonising the rules on delegation, reporting and liquidity management, together with bringing in...more

Latham & Watkins LLP

EU Reaches Provisional Agreement on Forced Labour Regulation

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The proposed regulation would ban forced labour-made products from the EU market, affecting companies’ supply chains and requiring compliance checks. On 5 March 2024, the European Parliament and European Council...more

Latham & Watkins LLP

EU Member States Reach Agreement on Corporate Due Diligence Directive

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Following extended negotiations, the directive was endorsed with a significantly narrower scope that would reduce the number of companies affected. On 15 March 2024, EU Member States endorsed the Belgian Presidency’s...more

Wilson Sonsini Goodrich & Rosati

The EU AI Act Passes Another Hurdle Towards Becoming Law

On March 13, 2024, the European Parliament (EP) approved the latest draft of the European Union’s (EU) Artificial Intelligence Act (AI Act). Following this vote, the text will be sent to the Council of the EU (Council) for...more

Latham & Watkins LLP

European Parliament and Council Reach Political Agreement on Right to Repair Directive

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The directive aims to reduce waste and bolster the repair sector. On 2 February 2024, the European Parliament (Parliament) and European Council (Council) reached a provisional deal on a directive promoting the repair of...more

Mintz - Antitrust Viewpoints

Three Trends in AI Regulation in 2023 — AI: The Washington Report

Welcome to this week’s issue of AI: The Washington Report, a joint undertaking of Mintz and its government affairs affiliate, ML Strategies. The year 2023 has been a significant one for artificial intelligence and AI...more

NAVEX

Navigating the New Era: European Union Reaches Milestone Deal on AI Regulation

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In a historic move, European legislators made significant progress in defining the trajectory of artificial intelligence (AI) by striking a political agreement on extensive and ethical regulations for AI use. As outlined in...more

Akin Gump Strauss Hauer & Feld LLP

Political Deal on the EU AI Act: A Milestone but the Journey Continues

A ground-breaking, first of its kind, sector agnostic, comprehensive law regulating Artificial Intelligence (AI) was agreed in the European Union on Friday, 8 December 2023, between the European Parliament, Commission and...more

McDonnell Boehnen Hulbert & Berghoff LLP

European Union Agrees to Terms of Artificial Intelligence Act

After two-and-a-half years of negotiation disrupted by the rise of generative models, the European Parliament and the European Council have reached a provisional understanding of how artificial intelligence (AI) should be...more

Dechert LLP

MiCA: Making Progress

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The European Council (Council) and the European Parliament (Parliament) announced on 30 June 2022 that they had reached a provisional agreement on the proposal for regulation on markets in cryptoassets (MiCA). The text of...more

Ius Laboris

The EU Platform Workers Directive: a further step forward 

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The European Council has agreed its position on the long-awaited Platform Workers Directive. Here we explain what has been agreed, who will count as a platform, and the way ahead. The Platform Workers Directive just...more

Morrison & Foerster LLP

Durchsetzung von EU-Sanktionen – bald neue Befugnisse für die Europäische Staatsanwaltschaft?

Jüngere Entwicklungen in der Europäischen Union („EU“) sowie politische Forderungen deuten darauf hin, dass die strafrechtliche Verfolgung von Sanktionsverstößen in der EU weiter intensiviert und gegebenenfalls sogar...more

Latham & Watkins LLP

European Parliament and European Council Reach Provisional Agreement on Carbon Border Adjustment Mechanism

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The CBAM would seek to mitigate carbon leakage through the imposition of a levy on carbon-intensive imports into the EU, while free allowances under EU ETS would be phased out. On 13 December 2022, negotiators from the...more

Latham & Watkins LLP

European Council Adopts Negotiating Position on Corporate Sustainability Due Diligence Directive

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The Council’s position includes a number of differences from the European Commission’s original proposal, including in relation to the requirement to diligence the broader value chain. On 30 November 2022, the European...more

Walkers

Bermuda Economic Substance Update - October 2022

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The European Council has removed Bermuda from Annex II of its list of non-cooperative jurisdictions for tax purposes (sometimes referred to as the EU Tax Grey List). While Annex I (the so-called EU Black List) is a list...more

Morrison & Foerster LLP

The EU Digital Services Act – Europe’s New Regime for Content Moderation

On October 4, 2022, the European Council gave its final approval to the Regulation on a Single Market for Digital Services, also referred to as the “Digital Services Act” or DSA. This marks the final step for the DSA to come...more

Paul Hastings LLP

You Better Watch Out: A New EU Corporate Sustainability Reporting Directive is Seeing the Day

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On June 21, 2022, the Council of the European Union (“European Council”) and European Parliament (“Parliament”) reached a provisional political agreement on the Corporate Sustainability Reporting Directive (“CSRD”). A copy of...more

Morrison & Foerster LLP

The EU Digital Markets Act – The Holy Grail of Big Tech Regulation?

On July 18, 2022, the European Council formally adopted the “Regulation on contestable and fair markets in the digital sector”, also referred to as the “Digital Markets Act” or “DMA”. This marks the final step for this new...more

Latham & Watkins LLP

European Parliament and Council Reach Political Agreement on CSRD

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The Corporate Sustainability Reporting Directive expands the existing sustainability reporting requirements and brings more companies under its scope. On 21 June 2022, the European Parliament and European Council reached...more

Miller Canfield

Corporate Aviation: Impact of Sanctions in Response to Russia's Invasion of Ukraine

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In the wake of Russia's military invasion of Ukraine, several countries, starting with the 27 member states of the European Union and followed by the United States, Canada, Switzerland and Norway, have implemented...more

Morgan Lewis

Update: COVID-19 Entry Restrictions to the European Union Relaxed

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We have summarized recommendations made by the European Council for an easement of restrictions for certain residents from July 1, 2020. The European Council has recommended that from July 1, 2020, EU countries allow entry...more

Dechert LLP

ESG Snapshot - Rules and Practice: Overview of the EU Taxonomy Regulation

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What is the law/regulation? The European Council and the European Parliament in December 2019 reached political agreement on the text of a proposed Regulation on the Establishment of a Framework to Facilitate Sustainable...more

White & Case LLP

Blowing the whistle on inadequate protections: How does the new EU Whistleblower Directive improve on existing legislation?

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'Whistleblower' is a widely used term. However, what it means and the protections a whistleblower might receive are by no means universal. Whistleblowers have been a regular presence in the news over recent years, from...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - June 2019

In this month's edition of our Privacy & Cybersecurity Update, we reflect on the GDPR's one-year anniversary while also examining the EU's new Cybersecurity Act. We also take a look at HHS' new guidance on direct liability of...more

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