The Proposed Directive will work in tandem with the Sustainable Finance Disclosure Regulation (“SFDR”) and the Taxonomy Regulation. While the Proposed Directive creates obligations on companies to perform ESG due diligence and to adopt ESG policies aligned with global policy commitments, th...
Due Diligence and Clearance to Supply for Consumer Products Get more information on regulation (EC) 648/2004 Regulation (EC) 648/2004: Key elements Need help or have a question? Call a specialist:+86 21 5339 7903 Send us a request
National and supranational legislatures continue to develop laws requiring employers to conduct due diligence of their operations and those of their business partners in order to address human rights risks such as forced labor and child labor. Recently, the European Union (EU), Switzerland, and Japa...
and Control of Money Laundering (the "ONPCSB") is actively auditing real estate developers for compliance. Below are some of the key principles to keep in mind. Background The European Union passed Directive (UE) 2015/849 in 20 May 2015 (i.e., the 4th Anti-Money Laundering Directive)....
(Race Directive)1implementing the principle of equal treatment between persons irrespective of racial or ethnic origin.2The purpose of this directive is to lay down a common framework, for combating racial or ethnic discrimination in the Member States of the European Union.3The object of this ...
NIS2 (Network and Information Security) Directive is required to be enacted by all 27 EU member states by October 18, 2024. This new law will improve both the cybersecurity capabilities of EU member states and the risk management obligations to report cybersecurity incidents. NIS2 will also pr...
Green directives on the energy performance of buildings, including energy performance certificate (EPC) ratings in the European Union and United Kingdom, are urging the European real estate industry to assess the costs of compliance. This comes at a challenging time in the market cycle, when incr...
European Union a Step Closer to Adopting Expansive New Rules Covering Lifecycle of Electric Vehicle Batteries Expect New Lifecycle Management Duties For Battery Industry European Commission: Sweeping Rules for Corporate Sustainability Due Diligence
This article analyzes ongoing policy-making processes at European Union level to adopt new regulations for reducing accountability gaps: one regulation of FRCs and one general, cross-sectoral directive on human rights and environmental due diligence. This article draws on and aims to contribute to ...
But while the politics of the union may be toxic, the economics are great, right? Not so fast. A close read of this, this, this and this suggests there is at least substantial room for doubt. Ok we shouldn’t have joined but now we have, it’s foolish to leave, isn...