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2 weeks ago | 
jdsupra.com | Jonathan Benson |Justin Lau |Simon Toms
[co-author: Uswah Naseem]On 3 April 2025, the European Parliament overwhelmingly voted to delay the implementation of the EU Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CS3D). The approval of the European Parliament, which followed the endorsement of the European Council on 26 March 2025, effectively stops the clock on, and delays, the implementation of a significant number of CSRD and CS3D obligations.
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1 month ago | 
lexology.com | Simon Toms |Jonathan Benson |Mary S. Bonsu |Justin Lau |Olivia Moul
On 26 February 2025, the European Commission (the EC) adopted a new package of proposals aimed at simplifying the EU’s ESG reporting and compliance requirements. The EC published two separate proposals for directives to make changes to the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CS3D) and the EU Taxonomy Regulation.
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Jan 20, 2025 | 
jdsupra.com | Jonathan Benson |Brian Egan |Eytan Fisch
Key Points Political transitions in the West notwithstanding, we expect economic sanctions to remain a key response to geopolitical issues. Current sanctions policy priorities are unlikely to shift markedly in the near term, and any efforts by the second Trump administration to modify U.S. sanctions against Russia could face political headwinds from Congress.
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Jan 16, 2025 | 
jdsupra.com | Jonathan Benson |Brian Egan
Key Points Under the second Trump administration, the U.S. is expected to increase export control restrictions on China, particularly in the semiconductor sector, as well as to expand other China-related national security restrictions tied to U.S. investments, supply chains, cloud computing and AI modeling. Similar measures in Europe may not be forthcoming.
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Nov 18, 2024 | 
jdsupra.com | Jonathan Benson |Pascal Bine |Elsa Benchemhoun
European Union member states have until 20 May 2025 to transpose into their national legislation EU Directive (EU) 2024/1226 (the Directive), which establishes minimum rules on the definition of criminal offences and penalties for the violation of EU restrictive measures (sanctions).1The Directive, adopted on 24 April 2024, is part of the EU’s broader effort to signal to its member states the importance of sanctions enforcement.
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Nov 18, 2024 | 
jdsupra.com | Jonathan Benson |Justin Lau |Simon Toms
[co-authors: Frank Lech and Mary Bonsu]A new initiative to consolidate various European Union environmental, social and governance (ESG) reporting obligations into a single regulation aims to simplify the regulatory landscape and enhance the EU’s competitiveness.
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Nov 14, 2024 | 
jdsupra.com | Jonathan Benson |Andrew Good |Ryan Junck
[co-author: Frank Lech] Introduction On 6 November 2024, the UK government published its guidance on the new ‘failure to prevent fraud’ offence, which was introduced in the Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023).1 We covered the details of the new offence in our 12 September 2024 alert: In summary, the establishment of the new offence will mean that, starting from 1 September 2025, companies can be held criminally liable where a fraud offence is committed by an...
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Nov 13, 2024 | 
jdsupra.com | Jonathan Benson |Brian Egan |Eytan Fisch
The past weeks and months have brought about tremendous political change in the West, as we move toward a new U.S. administration, a new College of Commissioners in Brussels and a new Polish presidency of the Council of the European Union, while a new Labour government also continues to find its feet in London. Economic sanctions have increasingly become the go-to response to Russian aggression in Ukraine and growing economic and geopolitical tensions in the Middle East and elsewhere.
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Nov 5, 2024 | 
jdsupra.com | Jonathan Benson |Karolina Kopczynska-Grobelny |Ryan Junck
[co-author: Frank Lech]What is the EU Corporate Sustainability Due Diligence Directive? The Corporate Sustainability Due Diligence Directive (CS3D) is a pivotal European Union directive that mandates human rights and environmental due diligence for in-scope EU and non-EU companies. The directive requires in-scope companies to conduct due diligence across their entire “chains of activities” globally to ensure compliance with human rights and sustainability standards.
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Oct 22, 2024 | 
jdsupra.com | Jonathan Benson |Kathryn C. Gamble |Justin Lau
[co-author: Mary Bonsu]On 29 June 2023, the EU’s new Regulation (EU) 2023/1115 restricting sale in the EU of products that may cause deforestation or the degradation of forests (EUDR) entered into force. The EUDR is expected to have global implications, so it is important for companies to start collecting the required information and data as soon as possible to ensure the review of all relevant supply chains.
