Doing Business in the European Union | Reporting Systems and the Importance of Culture & Language
Doing Business in the European Union | EU Directive, Following Up With The Whistleblower
Trade secret litigation after the Defend Trade Secrets Act
More than 3,500 workers have won a legal fight for equal pay against major UK retailer Next Retail Ltd. Following a six-year legal battle, the Employment Tribunal ruled that Next had failed to demonstrate that the lower basic...more
The European Union (EU) Artificial Intelligence Act (AI Act), Regulation (EU) 2024/1689 of the European Parliament and of the Council of 13 June 2024 laying down harmonised rules on artificial intelligence and amending...more
Over the next few years, lawmakers and regulators in many jurisdictions will deepen their implementation of new human rights laws that impose significantly higher compliance burdens on companies. Concerns over whether...more
The European Union's (EU) Corporate Sustainability Due Diligence Directive (CSDDD) is one of the most significant corporate responsibility reforms in recent years. Its impact will be felt far beyond the EU – including in...more
1. Bank regulation - 1.1 PRUDENTIAL REGULATION - a) General - (i) International - BCBS: Consultation on report regarding various technical amendments and FAQs - Status: Consultation - Deadline for the submission of...more
The Network and Information Security 2 Directive (EU) 2022/2555 ("NIS2") entered into force on 16 January 2023. NIS2 sets cyber rules for organizations whose services are considered essential or important for maintaining...more
The U.S. Equal Employment Opportunity Commission plans to issue a proposed rule next year on collecting compensation data from employers. This is according to the Biden administration’s newly released regulatory agenda. It’s...more
In recent years, banking fraud in France has surged, driven by advanced technology and the integration of payment methods and mobile banking. We do a deep dive into the legislation to help our clients stay informed and...more
When we talk about defense related procurement, we're referring to defense and security contracts which are public contracts. Defense procurement reform has been a significant topic on the House of Commons agenda for...more
On July 12, 2024, the EU AI Act (EU Regulation 1689/2024) was published in the Official Journal of the European Union. The text of the law is final and will enter into force on August 1, 2024. Its provisions will apply...more
On 5 July 2024, the final text of the Corporate Sustainability Due Diligence Directive (CSDDD) was entered into the Official Journal of the EU. The CSDDD will enter force on 25 July 2024. This marks the final key step in the...more
The European Commission has published a report on the implementation and application of the EU Whistleblowing Directive. The Directive aims to guarantee a high level of balanced and effective protection for persons who report...more
The CSDDD is set to impose mandatory human rights and environmental due diligence obligations for in-scope companies. On 5 July 2024, the Corporate Sustainability Due Diligence Directive (CSDDD) was published in the...more
A package of anti-money laundering legislation has been published in the Official Journal of the European Union, which includes: the Regulation on the prevention of the use of the financial system for the purposes of...more
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
In this week’s edition of Cadwalader Climate, we discuss the EU’s final approval of the long-awaited – and highly debated – Nature Restoration Law. Staying on theme, we discuss the European Council’s agreement to adopt...more
In recent years, platforms have developed rapidly. The services offered through platforms, such as delivering food or arranging a ride, are eagerly and frequently used....more
On 12 June 2024, Luxembourg published a bill of law amending the law of 22 December 2023 (the Pillar Two Law[1]) implementing EU directive no. 2022/2523, largely known as the “EU Minimum Tax Directive” or “Pillar Two...more
On 23 February 2022, the European Commission published a proposal for a directive on Corporate Sustainability Due Diligence (CSDD or CS3D). On 1 June 2023, the European Parliament adopted its position. ...more
New EU legislative requirements will reshape how non-EU (including European Economic Area) banks service EU clients on a cross-border basis. In this note we summarise the new regime, its implications for firms providing...more
The EU has published its AML Package in the Official Journal of the EU. Here we explore the key changes introduced in the package, what they mean for EU member states – and how they will impact businesses...more
This guidance aims to support the preparation and analysis of reports using the European Sustainability Reporting Standards. On 31 May 2024, EFRAG published the first three Implementation Guidance (IG) documents relating...more
On May 30, 2024, following passage by the European Parliament in late April, the European Council officially adopted a set of rules that modernizes and harmonizes money laundering and terrorist financing (“AML/CFT”)...more
The Council of the European Union has announced that it has agreed its negotiating position on the retail investment package and published the relevant texts. The package consists of an amending Directive, known as the...more
In response to the increasing number of cyberattacks and the acceleration of digital transformation across sectors, the European Union has revised and improved its Network and Information Security (NIS) Directive. The...more