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European Commission

Key Regulatory Developments in the EU

by Dentons on

We present you with the selection of key regulatory developments in the European Union....more

EU responds to US re-imposition of sanctions on Iran

by White & Case LLP on

The European Union has announced a package of measures in response to the re-imposition of US secondary sanctions on European persons and companies with dealings with Iran....more

Global merger control: Innovation in merger control

by White & Case LLP on

The European Commission is increasingly concerned that market consolidation will harm innovation and has changed dramatically the way it examines the impact of mergers on innovation. Merging parties should be prepared for it....more

Global merger control: Crossing the finish line: Mergers and the digital economy

by White & Case LLP on

When it comes to mergers within the digital landscape, the greatest challenge for regulation is to strike the right balance as regards enforcement. How are EU authorities taking action and what does this mean for the...more

European Commission Releases First Proposals for Truck CO2 Standards; Truck Industry Reacts

by Foley & Lardner LLP on

On May 17, 2018, the European Commission released a legislative proposal for the first ever CO2 emissions standards for heavy duty vehicles in the European Union. The EU has no current limits on CO2 emissions from heavy duty...more

EU Regulatory Data Protection for Life Sciences Companies

by Allen & Overy LLP on

This note discusses regulatory data protection (or data exclusivity) and market protection (marketing exclusivity). It identifies their legal bases, defines relevant legal terms and case law, and explains why these forms of...more

Report Available on March 2018 EUON Stakeholder Dialogue Meeting

by Bergeson & Campbell, P.C. on

The European Union Observatory for Nanomaterials (EUON) has posted the workshop report from the March 9, 2018, Stakeholder Dialogue meeting. According to the report, the annual meeting focused on providing an update on EUON...more

The EU & Russia Move Forward with “Blocking Statutes” in Response to U.S. Exit from Iran Nuclear Deal

by Kelley Drye & Warren LLP on

The EC announced that it is moving forward with a package of measures to blunt the impact of renewed U.S. sanctions on Iran following the U.S. exit from the Joint Comprehensive Plan of Action (JCPOA). Included in those...more

The European Commission Is Considering Opening an Antitrust Probe for Parallel Imports in the Pharmaceutical Sector

by Hogan Lovells on

The European Commission is looking into several parallel imports cases, including in the life sciences industry, with a view to opening formal antitrust investigations, which may eventually lead to fines being imposed....more

Alert: EMI Update: EU State Aid Renewed on 15 May 2018

by Cooley LLP on

Following the expiration of the European Commission (the Commission) state aid approval for the UK's Enterprise Management Initiative (EMI) scheme on 6 April 2018, we are pleased to report that the period of uncertainty is...more

Governance & Securities Law Focus: Asia Edition - May 2018

by Shearman & Sterling LLP on

In this newsletter, we provide a snapshot of the principal Asian, U.S., European and selected international governance and securities law developments of interest to Asian corporates and financial institutions. Please see...more

European Commission Proposes New Directive On Whistleblower Protection

by King & Spalding on

On April 23, 2018, the European Commission issued a proposal for an EU Directive on the protection of persons reporting on breaches of EU law (the “Directive”). The Directive is designed to shield persons who report breaches...more

Investment Funds Update Europe: Legal and regulatory updates for the funds industry from the key asset management centres and...

by Dechert LLP on

MIFID II – EMSA updates Q&As on commodity derivatives topics and asks European Commission to clarify “ancillary activity” test under MiFID II - ESMA updated its Q&As on 27 March 2018 on commodity derivatives topics...more

German Government Releases Draft Act on Class Actions in Germany

by Jones Day on

The Situation: As agreed in the Coalition Contract of the current German government, the Federal Ministry of Justice officially presented the Act on Model Declaratory Proceedings ("Draft Act") on May 9, 2018, after protracted...more

EU and UK to Establish Technical Working Group for Risk Management Around Brexit

by Shearman & Sterling LLP on

The European Commission and HM Treasury have announced that the European Central Bank and the Bank of England will establish a technical working group on risk management in the period around March 30, 2019 for financial...more

Clarification on Scope of EMIR Obligations for Public Entity Clearing Members Needed

by Shearman & Sterling LLP on

The Chair of the European Securities and Markets Authority, Steven Maijoor, has written to the European Commission recommending that clarification of certain provisions of the European Market Infrastructure Regulation should...more

Commission imposes upon Dutch Cable & Telco company Altice a record fine of €125 million for gun jumping under the EU Merger...

On 24th April 2018 the European Commission announced that it had imposed a fine of €124.5 million on Altice, the multinational cable and telecommunications company based in the Netherlands, for implementing its acquisition...more

New Rules for the European Telecoms Sector: The European Electronic Communications Code

by Morrison & Foerster LLP on

The existing European telecoms regulatory framework has not undergone any major amendments since 2009. The EU regulatory regime has been overtaken by technological and market changes. And, not only has the outdated regime...more

EU Consumer Rights Enforcement—Penalties Ahead

by Jones Day on

The Situation: The recent EU Commission proposal for a tightening of consumer protection regulations envisages, in one of its pillars, to step up government enforcement of EU consumer rules, including by introducing a...more

European Commission Consults on Again Extending the Transitional Measures for Exposures to CCPs

by Shearman & Sterling LLP on

The European Commission has published a legislative proposal to extend until December 15, 2018 the transitional periods related to own funds requirements for exposures to CCPs set out in the Capital Requirements Regulation...more

European Commission Proposes Legislation Broadening Access to Centralized Financial Information

by Shearman & Sterling LLP on

The European Commission has published a proposal for a directive aimed at increasing security within EU member states and across the EU by improving access to financial information, including bank account information, to the...more

AgriChemWhey To Receive €22 Million In Funding Through BBI JU

On April 26, 2018, the European Commission (EC) announced €22 million in funding though the Bio-Based Industries Joint Undertaking (BBI JU) for AgriChemWhey, a bio-economy research project aiming to convert dairy byproducts...more

The European Commission Proposes Standardised Pre-Marketing Rules

by Goodwin on

The European Commission has proposed a new directive to amend the Alternative Investment Managers Directive to standardise acceptable pre-marketing within the EU....more

The European Commission Investigates U.K. Tax Rules

by Shearman & Sterling LLP on

On October 26, 2017, the European Commission (EC) announced a formal State aid investigation into a U.K. exemption from U.K. anti-tax avoidance rules for certain transactions by multinational groups, the so-called Group...more

EU Commission Proposes Mandatory Fingerprints In All EU ID Cards

by King & Spalding on

On April 17, 2018, the EU Commission (the “Commission”) released its plans to integrate mandatory images of two fingerprints and a facial image in all identity cards held by EU citizens. The proposal covers IDs of every EU...more

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