On 14 December 2023, the European Parliament and the European Council reached a provisional agreement on the corporate sustainable due diligence directive (CSDDD). In this newsflash, we will highlight the key points following from the latest information as presented by the two European co-legislators.
Deloitte’s 15th annual Tech Trends report helps business and technology leaders separate signal from noise and embrace technology’s evolution as a tool to revolutionize business. Six emerging technology trends demonstrate that in an age of generative machines, it’s more important than ever for organizations to maintain an integrated business strategy, a solid technology foundation, and a creative workforce.
Currently, three letters are a hot topic in the legal, business and financial world: ESG (Environmental, Social & Governance). Simultaneously with the rise of ESG, so-called “ESG disputes” emerged. Two notable examples within this context are the legal battles between Urgenda and the Dutch State (the “Urgenda case“) and the case initiated by Milieudefensie against Royal Dutch Shell (the “RDS case“). In both cases, successful class actions were taken to enforce responsible climate policies in the courtroom.
The Digital Services Act (hereinafter “DSA”) came into force on 16 November 2022. Yet most of the obligations that the DSA imposes on providers of intermediary services will not apply until February 17, 2024.
In this News Update we discuss AFM’s Market impressions 2023; the integration of the Distance Marketing Directive into the updated Consumer Rights Directive; and EBA’s consultation on updated Travel Rule Guidelines.
The European Commission recently adjusted the size criteria from the Accounting Directive (2013/34/EU), which are used to determine the applicability and the time of application of the Corporate Sustainability Reporting Directive (CSRD). The adjustments are therefore relevant for determining whether and, if so, when the CSRD will apply to a particular company.
Loyens & Loeff New York regularly posts ‘Snippets’ on a range of EU tax and legal topics. This Snippet describes the jurisdictional blending under Pillar Two (‘P2’) especially in view of M&A transactions.
With winter approaching, we are delighted to present our December business update. In this edition, aligned with our bi-monthly tradition, we have curated a range of insightful topics tailored for your U.S. subsidiary. As we gear up for 2024, we have updates relevant to the upcoming year.
Electric cars, smart watches and phones, vacuum cleaners and lawnmowers, or stationary storage systems: Batteries are the energy storage of our time. The EU batteries market is set to grow to 250 billion euros per year by 2025. To ensure the industrial future, the EU has made the production of battery cells a strategic priority.
