Sat. Oct 12th, 2024

LEGAL AFFAIRS

LATEST NEWS

Fighting organised crime: European prosecutors join forces in new EJOCN network

European prosecutors step up their fight against organised crime with the launch of the European Judicial Organised Crime Network (EJOCN), hosted at Eurojust. The complex and fast-evolving nature of major crimes in Europe make strengthening international judicial coordination necessary. The EJOCN will go beyond the investigation-based collaboration and combat organised crime strategically.

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Mergers: EU Commission clears creation of joint venture by Scania and sennder

The joint venture will supply heavy-duty battery electric vehicles (‘BEV’) based on a pay-per-use-model along with associated digital, physical, and commercial services. Initially, it will be active in Germany and later on it will roll out its services in other European countries. Scania, part of the Volkswagen Group, is a worldwide developer and manufacturer of trucks and buses, including BEVs, and a provider of vehicle financing, insurance, and rental services.

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Mergers: EU Commission to assess the proposed acquisition of Nasdaq Power by EEX

The proposed acquisition does not reach the notification thresholds set out in the EUMR, and it was not notifiable in any Member State. Denmark and Finland submitted initial referral requests to the Commission pursuant to Article 22(1) of the EUMR on their own initiative. This provision allows Member States to request the Commission to examine a merger that does not have an EU dimension but affects trade within the single

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Hong Kong and China formally accept Agreement on Fisheries Subsidies

Adopted by consensus at the WTO’s 12th Ministerial Conference (MC12) held in Geneva on 12-17 June 2022, the Agreement on Fisheries Subsidies sets new binding, multilateral rules to curb harmful subsidies, which are a key factor in the widespread depletion of the world’s fish stocks. In addition, the Agreement recognizes the needs of developing and least-developed countries (LDCs) and establishes a fund to provide technical assistance and capacity building to

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Reducing microplastic emissions in the EU – EU Commission answer

Regarding tyres specifically, the proposed Euro 7 Regulation was identified as the most appropriate legislative instrument to tackle microplastic emissions from tyre abrasion. Under this Regulation as proposed by the Commission, tyres would need to satisfy certain tyre abrasion limits to be allowed on the EU market. The Commission proposed to develop such abrasion limits based on the work of the United Nations Economic Commission for Europe Task Force on

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CBAM: EU Commission adopts detailed reporting rules for transitional phase

The European Commission adopted today the rules governing the implementation of the Carbon Border Adjustment Mechanism (CBAM) during its transitional phase, which starts on 1 October of this year and runs until the end of 2025. The Implementing Regulation published today details the transitional reporting obligations for EU importers of CBAM goods, as well as the transitional methodology for calculating embedded emissions released during the production process of CBAM goods.

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Mergers: Commission clears creation of joint venture by Acciona Concesiones, Cobra and Endeavour

The joint venture will design, construct, finance, operate, maintain, manage and hand back an electricity transmission network infrastructure for the Central-West Orana Renewable Energy Zone in New South Wales (Australia). Acciona Concesiones develops, constructs, operates, and maintains infrastructure public private partnership projects under concession arrangements. Cobra provides integrated solutions in the fields of energy, industrial engineering, telecommunications, renewable energy, and transmission development. Endeavour is active in the electricity distribution sector

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Mergers: EU Commission clears acquisition of Enel Green Power Australia 

Enel Green Power Australia invests in renewable energy projects, providing an end-to-end renewables platform that develops and operates projects, as well as energy retail and trading. INPEX is active in research, exploration, development, production and sales of oil, natural gas, and other minerals. EGP operates worldwide in the production and selling of energy from renewable sources.

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Ukraine: Switzerland implements 11th package of sanctions

On 16 August, the Federal Council decided to enact further sanctions against Russia. This aligns Switzerland with the EU, which adopted these latest measures as part of its eleventh package of sanctions. The new measures take effect at 6pm on Wednesday, 16 August. More than one hundred additional individuals and entities were already added to the sanctions list on 28 June.

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Mergers: EU Commission clears the acquisition of Syneos Health by Veritas, EIM and Patient Square

Syneos Health is a global contract research and outsourced commercialization organization providing services to pharmaceutical and biotechnology firms. Veritas is a private equity fund investing in companies that provide critical products, software and services to government as well as to commercial customers worldwide. EIM is an investment manager company. Patient Square is a dedicated health care investment firm.

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EU Commission: €135m initially planned for programmes with Russia and Belarus will be transferred to Ukraine and Moldova

Concretely, this funding may support a range of activities, including Solidarity Lanes and the development of cross-border transport links, health services, education and research projects, social inclusion schemes, as well as reinforcing the institutional capacity of Ukrainian and Moldovan public authorities. Involvement in Interreg programmes also brings administrative capacity benefits and experience to both countries in the management and implementation of EU funds.

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Fighting crime: Switzerland emphasizes focus on cooperation

Crime is becoming increasingly global and digital: ATM thieves, cyber criminals, drug, human and arms traffickers do not stop at cantonal or national borders. That is why information exchange and cooperation between national and international law enforcement services are indispensable for fighting crime and increasing se-curity. To enhance cooperation, fedpol is bringing police authorities together for INTERPOL’s 100th anniversary.

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Asylum processes: New EUAA resource portal launched for professionals

The European Union Agency for Asylum (EUAA) has launched a major new portal providing a range of resources to asylum and reception professionals. The ‘Let’s Speak Asylum’ portal has been several years in development and offers an unprecedented library of practical tools and products to help officials and other professionals communicate with and provide information to applicants for international protection. It may also support other practitioners such as researchers, communication

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Mergers: EU Commission clears creation of joint venture by Savvy, Tencent and Ying

The joint venture, VSPN Group Limited, organises and commercialises eSports tournaments and provides influencer talent management and related promotional services. Savvy organises and commercialises eSports events. Tencent is a technology company whose activities include developing and publishing video games, organising eSport tournaments and providing live game streaming services. Mr Ying Shuling is the chairman and founder of VSPN.

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State aid: EU Commission approves €750m Austrian scheme to support companies affected by Covid-19

The European Commission has approved, under EU State aid rules, a €750 million Austrian measure to support companies in the context of the coronavirus pandemic. Under the measure, the granted aid takes the form of direct grants to compensate companies for the damages suffered between 16 March 2020 and 31 March 2022 due to the coronavirus pandemic and the restrictive measures imposed by the Austrian authorities to limit the spread

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State aid: Commission approves €6.5bn German scheme to address carbon leakage risk

Germany notified the Commission of its plan to support energy-intensive companies exposed to international competition by covering part of the higher fuel prices resulting from the German fuel ETS. The scheme will cover costs incurred between 2021 and 2030. The support measure is aimed at reducing the risk of ‘carbon leakage’, where companies relocate their production to countries with less stringent emission rules, resulting in increased greenhouse gas emissions globally.

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UK and Türkiye strengthen partnership to help tackle illegal migration

UK and Turkish law enforcement officers will step up joint operations to tackle organised immigration crime and disrupt the supply chain of boat parts and other materials used as part of illegal migration journeys. The move follows Immigration Minister Robert Jenrick’s visit to Türkiye last month, the latest in a number of strategically important international visits to strengthen cooperation on the challenge of tackling illegal migration and disrupting the routes

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