On 18 July, the now-re-elected President of the European Commission, Ursula von der Leyen, unveiled comprehensive proposal and vision for her 2024-2029 tenure, titled Europe’s Choice.
European Commission publishes recommendations to combat online and offline counterfeiting
The Commission estimates that industries that “make intensive use of IP” contribute 47% of total EU GDP and nearly 40% of total employment within the Union.
OECD two-pillar global tax framework at risk
The US political climate and their upcoming elections however have complicated and potentially even killed any further progress on, at the very least, the first pillar, if not also for the second.
Europe remains a global leader in innovation, ability to commercialise lagging
On 14 February 2024, the European Commission published its 2024 Annual Single Market and Competitiveness Report. The report, following established KPIs that define competitiveness based on nine distinct drivers, aims to give a comprehensive overview of both positive and negative trends within the Single Market.
ExxonMobil sues investor activists for “micromanaging”
ExxonMobil has recently filed a lawsuit against Follow This, an Amsterdam-based investor activist group, and Arjuna Capital, a registered investment adviser. The suit claims that the activist proposal violates SEC rules for investor petitions, which disallow resubmitting proposals that do not gain investor support over time.
What will happen to the Corporate Sustainability Due Diligence Directive ?
Though there were developments in late 2023 that the Directive was on the way to being enacted, recent weeks have questioned Germany’s support for the final version.
EU Strikes Provisional Agreement on the Data Act
The European Union has taken a significant leap forward in its quest to become a global pacesetter in the data-driven economy.
European Commission aiming to reform GDPR enforcement rules in cross-border cases
The GDPR has signified the importance and value that online personal data holds and established strict criteria for data collection and processing. Failure to comply can cost companies dearly.
The CSRD brings new ESG reporting obligations to European companies
The CSRD aims to address the criticisms and modernise the environmental and social reporting requirements that companies are obligated to provide.
EU-wide due diligence rules for large companies coming
The discussions on the necessity on the expansion of corporate social responsibility has gained noticeable traction over the past decade, with some European countries already having implemented such rules in their national regimes.
