625 results EU Artificial Intelligence Act and Generative AI – an update In this blogpost, our TMT expert Thibau Duquin elaborates on the AI Act, the rules on generative AI such as ChatGPT, and the next steps. Unified Patent Court and Unitary Patent Luxembourg Tax Authorities issue guidance on reverse hybrid rules The Luxembourg Tax Authorities (“LTA”) published a circular letter concerning the application of the reverse hybrid rules (the “Circular”) . The Circular provides guidance on the determination of tax owed by Luxembourg reverse hybrid entities. The era of FDI screenings kicks off in Belgium The Belgian screening mechanism for FDIs will enter into force on 1 July 2023. The mechanism is designed to safeguard Belgium's critical infrastructure and to protect sectors crucial to Belgium's public order, national security and strategic interests. ESG and sustainable finance update: how to manage greenwashing risks in green and sustainability-linked loans and bonds With green, sustainable and sustainability-linked debt funding on the rise, how do financial market participants steer clear of greenwashing risks when they provide or attract such debt funding? FAQ: What does the energy savings obligation under the Activities Environmental Management Decree mean today and what changes will apply as of 1 July 2023? Article 2.15 of the Activities Decree currently requires operators of so-called Type A and Type B establishments to implement all energy saving measures with a payback period of five years or less. Commission publishes PSD3 and PSR Proposal; a tightening of the regulation of payment services providers in the EU On June 28, 2023, the European Commission published a set of new legislative proposals, including PSD3, aimed at ushering in the digital era for payments and the broader financial sector, with a particular focus on consumers. Financial Regulation – Q2 2023 Update Changes to Dutch financial regulations entered into force on or around 1 July, including notable amendments for holders of a qualifying holding in certain Dutch regulated financial institutions. We have listed the main changes in this publication. Ready, set, go! The Dutch national security screening FDI regime takes off The Dutch Investments, Mergers and Acquisitions Security Screening Act (Wet veiligheidstoets investeringen, fusies en overnames – Vifo Act) entered into force on 1 June 2023. Solace for companies seeking guidance on sustainability agreements Now that the European Commission adopted the revised Horizontal Guidelines (HGs), including the new chapter on sustainability agreements, companies wishing to set up sustainability initiatives finally have more certainty on the applicable guidance. Consultation on draft technical standards under MiCAR The MiCAR aims to create a broad EU regulatory framework for the issuance of, intermediating and dealing in, crypto assets. MiCAR entered into force in June 2023. Both ESMA and EBA published consultation papers including draft technical standards. EU-U.S. Data Privacy Framework: A new adequacy decision for the United States On Monday July 10, 2023, the European Commission adopted her adequacy decision for the United States, the “EU-U.S. Data Privacy Framework”, which has immediate effect. Extended producer responsibility for textiles from 2025: what does this mean for textile producers in the Netherlands? Sinds 1 juli 2023 is het Besluit uitgebreide producentenverantwoordelijkheid textiel in werking getreden. The top five points for corporate borrowers to protect themselves against bank insolvency in Europe and elsewhere Here are five steps that corporate borrowers can take to protect themselves against the fall-out of their financing banks’ insolvency. EU Advocate General balances data protection rights against trade secrets in algorithmic credit scoring case On 16 march 2023, Advocate General Pikamäe issued his opinion on the scope of data subject rights in the context of algorithmic credit scoring. Sam Stap Junior Associate Amsterdam European PFAS ban proposal submitted for consultation The Netherlands, Germany, Norway, Denmark and Sweden have jointly submitted a proposal to the European Chemicals Agency for a European PFAS restriction through REACH. The proposal was submitted for consultation on 22 March 2023 via the ECHA website. ECJ in Towercast: plan C for tackling concentrations? Companies beware: completed non-notifiable concentrations do not necessarily go scot-free. An ex post abuse-of-dominance investigation by national competition authorities (NCA) could still loom. Pagination Current page 1 Page 2 Page 3 Page 4 Next page
EU Artificial Intelligence Act and Generative AI – an update In this blogpost, our TMT expert Thibau Duquin elaborates on the AI Act, the rules on generative AI such as ChatGPT, and the next steps.
Luxembourg Tax Authorities issue guidance on reverse hybrid rules The Luxembourg Tax Authorities (“LTA”) published a circular letter concerning the application of the reverse hybrid rules (the “Circular”) . The Circular provides guidance on the determination of tax owed by Luxembourg reverse hybrid entities.
The era of FDI screenings kicks off in Belgium The Belgian screening mechanism for FDIs will enter into force on 1 July 2023. The mechanism is designed to safeguard Belgium's critical infrastructure and to protect sectors crucial to Belgium's public order, national security and strategic interests.
ESG and sustainable finance update: how to manage greenwashing risks in green and sustainability-linked loans and bonds With green, sustainable and sustainability-linked debt funding on the rise, how do financial market participants steer clear of greenwashing risks when they provide or attract such debt funding?
FAQ: What does the energy savings obligation under the Activities Environmental Management Decree mean today and what changes will apply as of 1 July 2023? Article 2.15 of the Activities Decree currently requires operators of so-called Type A and Type B establishments to implement all energy saving measures with a payback period of five years or less.
Commission publishes PSD3 and PSR Proposal; a tightening of the regulation of payment services providers in the EU On June 28, 2023, the European Commission published a set of new legislative proposals, including PSD3, aimed at ushering in the digital era for payments and the broader financial sector, with a particular focus on consumers.
Financial Regulation – Q2 2023 Update Changes to Dutch financial regulations entered into force on or around 1 July, including notable amendments for holders of a qualifying holding in certain Dutch regulated financial institutions. We have listed the main changes in this publication.
Ready, set, go! The Dutch national security screening FDI regime takes off The Dutch Investments, Mergers and Acquisitions Security Screening Act (Wet veiligheidstoets investeringen, fusies en overnames – Vifo Act) entered into force on 1 June 2023.
Solace for companies seeking guidance on sustainability agreements Now that the European Commission adopted the revised Horizontal Guidelines (HGs), including the new chapter on sustainability agreements, companies wishing to set up sustainability initiatives finally have more certainty on the applicable guidance.
Consultation on draft technical standards under MiCAR The MiCAR aims to create a broad EU regulatory framework for the issuance of, intermediating and dealing in, crypto assets. MiCAR entered into force in June 2023. Both ESMA and EBA published consultation papers including draft technical standards.
EU-U.S. Data Privacy Framework: A new adequacy decision for the United States On Monday July 10, 2023, the European Commission adopted her adequacy decision for the United States, the “EU-U.S. Data Privacy Framework”, which has immediate effect.
Extended producer responsibility for textiles from 2025: what does this mean for textile producers in the Netherlands? Sinds 1 juli 2023 is het Besluit uitgebreide producentenverantwoordelijkheid textiel in werking getreden.
The top five points for corporate borrowers to protect themselves against bank insolvency in Europe and elsewhere Here are five steps that corporate borrowers can take to protect themselves against the fall-out of their financing banks’ insolvency.
EU Advocate General balances data protection rights against trade secrets in algorithmic credit scoring case On 16 march 2023, Advocate General Pikamäe issued his opinion on the scope of data subject rights in the context of algorithmic credit scoring.
European PFAS ban proposal submitted for consultation The Netherlands, Germany, Norway, Denmark and Sweden have jointly submitted a proposal to the European Chemicals Agency for a European PFAS restriction through REACH. The proposal was submitted for consultation on 22 March 2023 via the ECHA website.
ECJ in Towercast: plan C for tackling concentrations? Companies beware: completed non-notifiable concentrations do not necessarily go scot-free. An ex post abuse-of-dominance investigation by national competition authorities (NCA) could still loom.