Archives: EU Law and Regulatory

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The Week Ahead in the European Parliament – Friday, March 12, 2021

Next week will be a committee week in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Monday, during a meeting of the Committee on Environment, Health, and Food Safety (“ENVI”), Commission Deputy Director-General for Health … Continue Reading

Sustainability in Financial Services: The EU Sustainable Finance Disclosure Regulation and the Taxonomy Regulation

A heightened focus on green finance and green investments has renewed legislative impetus, culminating in a series of regulatory developments across the European Union and more recently, the UK.  Some of these notable developments encompass green efforts by the Task Force on Climate-related Financial Disclosures; the European Non-Financial Reporting Directive 2014/95/EU; and the European Commission’s … Continue Reading

The Week Ahead in the European Parliament – Friday, February 26, 2021

Next week will be a mixed week of committee and political groups meetings in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Thursday, the MEPs of the Committee on Economic and Monetary Affairs (“ECON”) will … Continue Reading

EU Cloud Initiatives in 2021 and 2022

For the European Union, data is a core priority for economic growth, whether to facilitate personalized medicine or autonomous vehicles.  Between 2018 and 2025, the value of the data economy in Europe is projected to nearly triple, from €301 billion to €829 billion, and the number of data professionals is expected to nearly double. Given … Continue Reading

The Week Ahead in the European Parliament – Friday, February 19, 2021

Next week will be a committee week in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Monday, the European Parliament will host an inter-parliamentary conference on economic stability, coordination and governance in the EU.  The … Continue Reading

Brexit and the Financial Services Sector

The EU-UK Trade & Cooperation Agreement (‘TCA’), signed at the end of last year did not cover financial services. Commentators had been sanguine about the potential impact on the City of London as a global financial centre. Figures showing that only 7,500 jobs had been re-located to the EU (out of the approximately 1.1 million … Continue Reading

The European Commission opens online public consultations on the Review of the Blood, Tissues and Cells Directives

 On January 21, 2021, the European Commission opened two public consultations on the review of the EU Blood Directive and the EU Tissues and Cells Directive.  Both Directives are more than fifteen years old, and their implementation diverges widely across the member states.  The rules on human blood and tissue gain increasing importance for companies … Continue Reading

Goldman Sachs v Commission: The CJEU further expands the parental liability doctrine — private equity businesses and investors tread carefully

On 27 January 2021, the Court of Justice of the European Union (“CJEU”) confirmed in Goldman Sachs Group Inc. v European Commission that financial investors can be liable where they hold 100% voting rights over an indirect entity that participated in a cartel, even though the investor does not own 100% of the share capital … Continue Reading

The Week Ahead in the European Parliament – Friday, February 5, 2021

Next week will be a plenary week in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Tuesday, the Parliament will debate and vote on the Recovery and Resilience Facility (“RFF”), the main pillar of the … Continue Reading

The Week Ahead in the European Parliament – Friday, January 22, 2021

Next week will be a committee week in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Monday, the Committee on Economic and Monetary Affairs (“ECON”) will have a structured dialogue with Commissioner for Financial Services … Continue Reading

The Week Ahead in the European Parliament – Friday, January 15, 2021

Next week will be plenary week in the European Parliament.  Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels.  Several interesting votes and debates are scheduled to take place. On Monday, MEPs will debate and vote (Tuesday) on a report on strengthening the EU’s capabilities to enforce its rights under … Continue Reading

The Week Ahead in the European Parliament – Friday, January 8, 2021

Next week, Members of the European Parliament (“MEPs”) will gather virtually and in person in Brussels for committee meetings.  Several interesting votes and debates are scheduled to take place. On Monday, the Committee on International Trade (“INTA”) is the first Committee to debate on the merits of the EU-UK Trade and Cooperation Agreement (“TCA”), which … Continue Reading

Presentation of the results from the Covington/Brussels School of Competition immunity and leniency survey 2020

We recently presented to DG COMP the findings of the immunity and leniency survey 2020, which was conducted jointly by Covington and the Brussels School of Competition. The survey ran from December 2019 to March 2020 and asked competition law practitioners, enforcers and in-house counsels to share their observations on the perceived decline in immunity … Continue Reading

The Week Ahead in the European Parliament – Friday, December 4, 2020

Next week, Members of the European Parliament (“MEPs”) will gather in person and virtually in Brussels for committee meetings.  Several interesting votes and debates are scheduled to take place. On Monday, the Legal Affairs Committee (“JURI”) will vote on a report that addresses interpretive questions of public international law on the military uses of AI … Continue Reading

The European Commission publishes a proposal for a Regulation on European Data Governance (the Data Governance Act)

On 25 November 2020, the European Commission published a proposal for a Regulation on European Data Governance (“Data Governance Act”).  The proposed Act aims to facilitate data sharing across the EU and between sectors, and is one of the deliverables included in the European Strategy for Data, adopted in February 2020.  (See our previous blog … Continue Reading

The Week Ahead in the European Parliament – Friday, November 27, 2020

Next week, Members of the European Parliament (“MEPs”) will gather in person and virtually in Brussels for committee meetings.  Several interesting votes and debates are scheduled to take place. On Monday and Tuesday, MEPs of the Committee on International Trade (“INTA”) will have an exchange of views with Sabine Weyand, Director-General of DG Trade on … Continue Reading

Brexit – The End Game?

The deadline has already passed for any UK-EU Agreement to be reached in time for translation and consideration by the European Parliament before the end of the Parliamentary term on 16th of December.  In a gesture of conciliation, the parliament has indicated it may be prepared to convene on 28 December. However, as the pressure … Continue Reading

The Week Ahead in the European Parliament – Friday, November 20, 2020

Next week, Members of the European Parliament (“MEPs”) will gather in person and virtually in Brussels for plenary sessions.  Several interesting votes and debates are scheduled to take place. On Monday, MEPs will debate how to update the new Industrial Strategy for Europe.  The Commission presented its initial Industrial Strategy on March 10, 2020, but … Continue Reading

The Week Ahead in the European Parliament – Friday, November 6, 2020

Next week, Members of the European Parliament (“MEPs”) will gather in person and virtually in Brussels for committee meetings and plenary sessions.  Several interesting votes and meetings are scheduled to take place. On Monday, technical meetings are planned between negotiators of the European Parliament and the Council of the EU on the EU’s long-term budget … Continue Reading

Extension of the UK Coronavirus Job Retention Scheme

On Saturday 31 October, the UK Government announced a new national lockdown and confirmed the extension of the existing Coronavirus Job Retention Scheme, more commonly referred to as the “furlough” scheme.In this alert, we set out what the UK Government has announced and what this means in terms of the support available to employers, including … Continue Reading
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