European Union

Corporate Sustainability Obligations in the EU: France Urges the EU To Postpone the Application of Adopted EU Directives

On 20 January 2025, France published a memorandum urging the EU to modify the Corporate Sustainability Reporting Directive (Directive 2022/2464, “CSRD”), and to postpone the application of the Corporate Sustainability Due Diligence Directive (Directive 2024/1760, “CS3D”). France’s statements resonate with the series of Executive Orders aiming in the U.S. at various markets deregulations, although to a lesser degree.Continue Reading Corporate Sustainability Obligations in the EU: France Urges the EU To Postpone the Application of Adopted EU Directives

The EU is going extraterritorial, and it is doing so through private contract. It is a pretty neat trick.Continue Reading E(U)xterritoriality of EU Sanctions: The No Russia Clause

In a bold move to tighten its sanctions enforcement, the EU rolled out Directive 2024/1226, establishing minimum rules for defining criminal offenses and penalties related to the violation of EU sanctions. Effective May 19, the Directive mandates Member States to incorporate its provisions into their national legislation within 12 months.Continue Reading Walking the Tightrope: EU’s Sanctions Enforcement Directive Puts Violators on Notice