EU adopts 13th package of individual and economic sanctions against Russia

​The Council adopted on 23 februari 2024 in view of the second year mark of the beginning of Russia’s full-scale invasion of Ukraine - a thirteenth package of restrictive measures against Putin’s regime, those who are responsible for perpetuating his illegal, unprovoked and unjustified war of aggression and those who are significantly supporting it.​ Which measures are now included in this new package ?...

Greenwashing: how EU firms can validate their green claims ?

The Internal Market and Environment committees adopted on Wednesday their position on the rules on how firms can validate their environmental marketing claims.In a few words The so-called green claims directive complements the already-approved EU ban on greenwashing. It defines what kind of information companies have to provide to justify their environmental marketing claims in the future. It also creates a framework and deadlines for...

Deal on EU economic governance reform

​EU co-legislators on Saturday provisionally agreed a revamp of EU economic governance making it clearer, investment friendly, more tailored to each country’s situation, and more flexible. Esther De Lange (EPP,NL) said, “ A new economic governance framework was much needed. We have taken our responsibility by ensuring that the new fiscal rules are sound and credible, while also allowing room for necessary investments.” Margarida Marques...

AI Ethics: 8 global tech companies commit to apply to UNESCO’s Recommendation

GSMA, INNIT, Lenovo Group, LG AI Research, Mastercard, Microsoft, Salesforce and Telefonica signed a ground-breaking agreement to build more ethical AI. The companies will integrate the values and principles of UNESCO’s Recommendation on the Ethics of AI when designing and deploying AI systems Download the companies’ letter of commitment: linkRecommendation UNESCO’s Recommendation on the Ethics of Artificial Intelligence was the world's first, and remains...

Deal on strengthening consumers’ right to repair

Action to ensure complete and timely transposition of EU directives

The Commission is adopting a package of infringement decisions due to the absence of communication by Member States of measures taken to transpose EU directives into national law. The Commission is sending a letter of formal notice to those Member States who have failed to notify national measures transposing directives, whose transposition deadline expired recently. This reflects a standard policy by the Commission...

Fundamental rights report finds threats to key freedoms, equality and dignity

> Key issues include media freedom, corruption, and individual liberties> EU needs to safeguard rights of women, children, LGBTIQ+, other vulnerable persons> Specific recommendations for Hungary, Poland, Greece, Cyprus, and Spain MEPs looked into the state of citizens’ rights in the EU in 2022 and 2023, identifying an array of concerns across the member states. The report on the state of fundamental rights in the...

Deal on a single rulebook against money laundering and terrorist financing

​On Thursday, MEPs finalised a deal with the Council on new measures to beef up an EU toolkit to fight money laundering, terrorist financing and sanctions evasion.The deal needs to be formally adopted by Parliament and Council before it can come into force.in a few words> Uniform EU supervision and consistent application of rules and sanctions> Information on beneficial owners to be accessible> More powers...

EU personal data flows : 11 more third countries and territories admitted

Commission finds that EU personal data flows can continue with 11 third countries and territories. This 15 january. 2024, the European Commission successfully concluded its review of 11 existing adequacy decisions. These decisions had been adopted under the EU data protection legislation that preceded the General Data Protection Regulation (GDPR). The adequacy decisions have laid the foundation for cooperation and convergence between the...

Calls for contributions on competition in virtual worlds and generative AI

The European Commission has launched on two calls for contributions on competition in virtual worlds and generative artificial intelligence (‘AI') and sent requests for information to several large digital players. All interested stakeholders are invited to share their experience and provide feedback on the level of competition in the context of virtual worlds and generative AI, and their insights on how competition law can help...

A combined work and residence permit in the European Union

The European Commission welcomes the political agreement reached on 18 December between the European Parliament and the Council on the revised Single-Permit Directive. These updated rules set in place a single application procedure for a combined EU work and residence permit (a ‘single permit'). Background Annually, 2 to 3 million nationals from non-EU countries come to the EU legally, in contrast to more than...

Taxonomy Disclosures Delegated Act : a guidance document

Tax Administration 2023 Comparative Information

This report is the eleventh edition of the OECD's Tax Administration Series. It provides internationally comparative data on aspects of tax systems and their administration in 58 advanced and emerging economies.OCDE (2023), Tax Administration 2023 : Comparative Information on OECD and other Advanced and Emerging Economies, Éditions OCDE, Paris, https://doi.org/10.1787/900b6382-en. Télécharger vers: EndNote, Zotero, BibTeX, RefWorks, Procite, Import into RefWorks, MendeleyUtilityThe report is intended...

An overview of the carbon pricing landscape !

​Successfully transitioning to net-zero greenhouse gas (GHG) emissions requires effective mitigation policy packages, which include carbon pricing measures: a cost-effective policy instrument that not only reduces emissions but also generates revenue to support the transition. ​OECD (2023), Effective Carbon Rates 2023: Pricing Greenhouse Gas Emissions through Taxes and Emissions Trading, OECD Series on Carbon Pricing and Energy Taxation, OECD Publishing, Paris, https://doi.org/10.1787/b84d5b36-en.​ This fourth...

Corporate due diligence rules agreed to safeguard human rights and environment

Parliament and Council negotiators agreed on new rules obliging firms to integrate their human rights and environmental impact into their management systems. The new directive on corporate sustainability due diligence, informally agreed by EU co-legislators on Thursday, sets obligations for companies to mitigate their negative impact on human rights and the environment such as child labour, slavery, labour exploitation, pollution, deforestation, excessive water consumption or...

Artificial Intelligence Act: deal on comprehensive rules for trustworthy AI -

​MEPs reached a political deal with the Council on a bill to ensure AI in Europe is safe, respects fundamental rights and democracy, while businesses can thrive and expand. Commission welcomes political agreement on Artificial Intelligence Act. On Friday, Parliament and Council negotiators reached a provisional agreement on the Artificial Intelligence Act. This regulation aims to ensure that fundamental rights, democracy, the rule...

Dividend Tax Fraud : raising awareness of dividend stripping schemes

Dividend stripping is a type of fraud that is committed through a complex mechanism of trading, selling and repurchasing shares over a certain period to unlawfully avoid payment of dividend taxes, or to claim unjustified tax reimbursements. ​Dividend stripping in its many forms poses a great challenge to the tax bases of numerous jurisdictions and may create market distortions that corrode the integrity of the...

Digital products’ security : cyber resilience act