The European Commission is calling for public feedback on the final draft of its revised sustainability reporting standards. Compliance teams should note that the draft retains most of the double materiality requirements that some hoped they would drop, but clarifications over how to approach materiality assessments may reduce compliance time and costs. Once the consultation […]
European Commission
Posted inRegulatory Policy
EU publishes major overhaul of M&A guidelines to encourage mega-mergers
The EU has published guidelines for the biggest overhaul of rules governing mergers since 2004. However, commentators are warning that loosening the M&A code may create new risks and still not deliver the “mega companies” that proponents seek. And EU officials appear divided. Where does this leave compliance teams?
Posted inArtificial Intelligence
New code for AI Act compliance will be ‘de facto’ standard, say experts
The European Union has issued updated guidance to help companies better understand—as well as comply with—the transparency requirements that underpin the bloc’s groundbreaking legislation aimed at ensuring safe AI use.
Posted inRegulatory Enforcement
Chocolate bars: Investigations into Ferrero are a lesson for compliance on EU antitrust commitments
Chocolate companies are in the sights of EU antitrust regulators. Ferrero, maker of Kinder, Ferrero Rocher, and Nutella, has revealed that it was the target of “dawn raids” by the European Commission in two EU member states.
