Fri. Oct 11th, 2024

LEGAL AFFAIRS

LATEST NEWS

Fair taxation: Member States update EU list of non-cooperative tax jurisdictions

EU Member States today added three jurisdictions – Antigua and Barbuda, Belize and Seychelles – to the EU list of non-cooperative jurisdictions for tax purposes. All three jurisdictions were added to Annex I (so called “EU list”) because they have failed to properly enforce tax transparency standards, as assessed by the Global Forum on tax transparency and exchange of information. Today’s update is in line with the EU’s continuous effort

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17/10/2023

EU Commission and consumer authorities look into business practices of influencers

Influencers involved in regular commercial activity, such as brand deals to advertise products or services, are considered as traders under EU consumer law. They are required to disclose advertisements in a transparent manner. The result of this social media sweep will feed into the Digital Fairness fitness check that helps assess whether new legislation is necessary to make digital markets as safe as offline markets.

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17/10/2023

Main results: Economic and Financial Affairs Council, 17 October 2023

The Council took stock of the progress on the review of the economic governance framework and stressed the need to continue discussions both at technical and political levels. The EU’s economic governance framework is a set of common rules for national fiscal and economic policies which apply to all member states. They serve to ensure the sustainability of public finances and promote convergence while addressing macroeconomic imbalances.

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17/10/2023

EU Commission conducts surprise antitrust inspections in construction chemicals

The Commission has concerns that the inspected companies may have violated EU antitrust rules that prohibit cartels and restrictive business practices (Article 101 of the Treaty on the Functioning of the European Union). The construction chemicals concerned by the inspection are chemical additives for cement and chemical admixtures for concrete and mortar. These are ingredients that are added to cement, concrete and mortar to modify and improve their properties and

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17/10/2023

Iran: EU Council maintains restrictive measures post-JCPoA Transition Day

The Council evaluated that there are valid reasons to refrain from lifting these restrictions on Transition Day (18 October 2023), as originally foreseen under the Joint Comprehensive Plan of Action (JCPoA). The Council’s decision is in line with the provisions of the UN Security Council Resolution 2231 and the JCPoA, in view of Iran not fulfilling its commitments under the JCPoA, as reported by the International Atomic Energy Agency since

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17/10/2023

EU Council adopts directive for tax authority cooperation (DAC8)

Today, the Council adopted a directive amending EU rules on administrative cooperation in the area of taxation. The amendments mainly concern the reporting and automatic exchange of information on revenues from transactions in crypto-assets and on advance tax rulings for the wealthiest (high-net-worth) individuals.

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17/10/2023

Polish Sejm and Senat: Official voting results of the 2023 elections

The voting took place on 15th October 2023 between 7:00 and 21:00. In tab Results/Sejm results from 31497 out of 31497 polling districts (100,00%) are available. In tab Results/Senate results from 31497 out of 31497 polling districts (100,00%) are available. Turnout in elections for Sejm was equal to 74,38%. Turnout in elections for Senate was equal to 74,31%.

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17/10/2023

EU Council strengthens CO2 standards for heavy-duty vehicles

Today the Council has reached an agreement (‘general approach’) on a proposal to update and strengthen the regulation on CO2 emission standards for heavy-duty vehicles. The aim of the proposal is to further reduce CO₂ emissions in the road transport sector and to introduce new targets for 2030, 2035 and 2040. The new rules will contribute to the EU achieving its ambitions to fight climate change.

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16/10/2023

EU Council adopts position for new rules for efficient urban wastewater

Today, the Council reached an agreement (‘general approach’) on a proposal to review the urban wastewater treatment directive. The revised directive is one of the key deliverables under the EU’s zero-pollution action plan. While the current directive has proven highly effective in reducing water pollution and improving the treatment of wastewater discharges over the last three decades, this revision aims to update the directive by extending its scope and aligning

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16/10/2023

Mergers: EU Commission clears acquisition of Dogmates 

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Dogmates Holdings Ltd (‘Dogmates’) of the UK by General Atlantic Service Company L.P. (‘General Atlantic’) and L Catterton Management Limited (‘L Catterton), both of the US.

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16/10/2023

EU Commission approves €150m Italian aid for war-affected companies

Under the scheme, the aid will take the form of direct grants. The scheme will be open to SMEs in the region of Calabria active in all sectors, except for the primary production of agricultural products, fishery and aquaculture. The purpose of the scheme is to support the eligible beneficiaries that are at risk of losing financial liquidity due to the increased costs of natural gas and electricity caused by

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16/10/2023

EU Commission approves amendment to Slovakia’s regional State aid map

On 16 September 2021, the Commission approved the 2022-2027 regional aid map for Slovakia, and its amendment on 17 February 2023 to increase aid intensities for territories identified for support from the Just Transition Fund. On 30 May 2023, the Commission adopted a Communication regarding a possible mid-term review of the regional aid maps, taking into account updated statistics.

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16/10/2023

EU Commission approves amendment to 2022-2027 regional State aid map for Greece

On 6 January 2022, the Commission approved the 2022-2027 regional aid map for Greece, and its amendment on 14 July 2022 to increase aid intensities for territories identified for support from the Just Transition Fund. On 30 May 2023, the Commission adopted a Communication regarding a possible mid-term review of the regional aid maps, taking into account updated statistics.

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16/10/2023

EU Commission approves a new PDO from Croatia – ‘Meso turopoljske svinje’

‘Meso turopoljske svinje’ is the fresh meat and other edible parts of the carcass of castrated males and of females of the autochthonous Turopolje pig breed. The production area of ‘Meso turopoljske svinje’ is confined to the area of continental Croatia, which consists of 13 counties and the city of Zagreb. ‘Meso turopoljske svinje’ has a darker, redder colour, a more compact muscle texture and less surface secretion than pork

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16/10/2023

EU Commission proposes microplastic pollution reduction measures

Currently, between 52 and 184 thousand tonnes of pellets are released in the environment each year due to mishandling throughout the entire supply chain. Today’s proposal aims to ensure that all operators handling pellets in the EU take the necessary precautionary measures. This is expected to reduce pellet release by up to 74%, leading to cleaner ecosystems, contributing to plastic-free rivers and ocean, and reducing potential risks to human health.

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16/10/2023

Mergers: EU Commission clears acquisition of Popeyes UK 

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of PLK Venture UK Ltd (‘Popeyes UK’) by TDR Capital LLP, both of the UK, and Ring International Holding AG of Austria. The transaction relates primarily to the sector of fast-food chains in the UK.

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13/10/2023

EU Commission clears acquisition of part of Neptune by Eni

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of part of Neptune Energy Group Limited (‘Neptune’) of the UK by Eni S.p.A. (‘Eni’) of Italy. The transaction relates primarily to the exploration, production and wholesale supply of oil, refined petroleum products, and natural gas.

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13/10/2023

EU Commission approves three GM maize varieties for animal feed

Today, the Commission authorised three genetically modified maize and renewed the authorisation for another genetically modified maize. The authorisation decisions are only for their use as food or animal feed and do not allow for their cultivation in the EU. These genetically modified maize varieties have gone through a comprehensive and stringent authorisation procedure, which ensures a high level of protection of human and animal health, and of the environment.

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13/10/2023
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