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The EU Foreign Subsidies Regulation

Impact on public procurement procedures. The EU Foreign Subsidies Regulation (FSR) was published on 23 December 2022. It will take effect on 12 July 2023 and provides for mandatory notification requirements from 12...more

One year on: EU and UK impose new Russia sanctions and look to strengthen enforcement on the first anniversary of the invasion of...

To mark the one-year anniversary of Russia’s full-scale invasion of Ukraine, the EU and the UK, in parallel with other G7 members, released a new round of sanctions against Russia. In this bulletin we provide a high-level...more

The EU and UK adopt further sanctions against Russia

At the close of 2022, and with the war in Ukraine entering its tenth month, the EU and the UK adopted further sanctions packages against Russia. The latest sanctions packages include further asset freezes, an EU...more

EU cracks down on the criminal enforcement of sanctions violations

With a ninth sanctions package against Russia in the making, the EU’s sustained response to the war in Ukraine has demonstrated that sanctions will remain at the forefront of EU policymaking. The array of sanctions adopted...more

Introduction to the EU’s Emissions Trading System

The EU Emissions Trading System (the EU ETS) is one of the key pillars of the EU’s policy to combat climate change and to reduce greenhouse gas emissions from regulated sectors....more

The EU’s eighth package of sanctions against Russia

On 6 October 2022, the European Union published its eighth package of sanctions against Russia. This responds to the organisation of ‘referenda’ in the Donetsk, Kherson, Luhansk and Zaporizhzhia regions, the annexation of...more

10/17/2022  /  Economic Sanctions , EU , Exports , Imports , Russia , Ukraine

European Commission reports on operation of EU FDI screening mechanism

With the EU FDI Regulation close to celebrating its second year anniversary, the European Commission (EC) has published its second annual report on EU FDI screening covering the operation of the mechanism in 2021. In...more

The EU shifts focus to sanctions enforcement, asset recovery and confiscation

Over the last three months, the EU has imposed unprecedented sanctions against Russia and Belarus in response to the war in Ukraine (see our dedicated collection here). While adopting further sanctions is getting ever more...more

The EU and UK intensify their sanctions in response to Russia’s action in Ukraine

In response to events in Ukraine, the EU and the UK have continued to announce further and more extensive sanctions on Russia. In this bulletin, we set out an overview of the three EU sanctions packages announced to date, and...more

The EU Commission's proposal for a directive on corporate sustainability due diligence

Paving the way to a sustainable business community in the EU. On 23 February 2022, the European Commission (the EC) published the long-awaited proposal for a Directive on Corporate Sustainability Due Diligence (the...more

EU and UK sanctions in response to Russia’s actions in Ukraine

In response to the Russian Federation’s formal recognition of two regions in Eastern Ukraine – Donetsk and Luhansk – as independent states, earlier this week the EU and the UK adopted an initial package of new sanctions...more

How are government national security probes affecting technology transactions across the world?

The tightening of controls on foreign direct investment (FDI), on national security or national interest grounds, is having a significant impact on technology transactions – a trend that is only likely to grow....more

Collusion in public procurement - A “notice” from the Commission

On 15 March 2021, the European Commission (the Commission) published its long-awaited “Notice on tools to fight collusion in public procurement and on guidance on how to apply the related exclusion ground” (the Notice). ...more

Foreign investment control in Germany: Berlin Wall rebuilt or storm in a water glass? Germany’s new rules on foreign direct...

Speed read - Just a few weeks after Germany amended its rules on foreign direct investment (FDI) control, European Commission President Juncker announced a legislative proposal for, and the European Commission published a...more

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