The EU’s new Forced Labor Regulation (the “EUFLR” or “the Regulation”) was published in the EU’s Official Journal on December 12, 2024.[1] Under the new Regulation, products that have been created through the use of forced labor will no longer be allowed to be introduced into the EU market or permitted to be exported from … Continue Reading
While the EU still lacks a unified regulatory framework, France has positioned itself as a key actor in the fight against corruption. This is due in large part to the impending adoption of the proposed Directive on combating corruption[1] of May 3, 2023, which (i) provides harmonized definition for some offences, including active[2] and passive[3] … Continue Reading
Launched in 2019, the EU Green Deal sets out a “plan to transform Europe’s economy, energy, transport, and industries for a more sustainable future”[1] by steering companies toward sustainability-oriented business models and achieving climate neutrality by 2050. As the flagship initiative of Ursula von der Leyen’s first Commission mandate, the EU Green Deal originally prioritized … Continue Reading
There has been a major shift in the European Union (“EU”) in recent years around Environment, Social and Governance (“ESG“), from voluntary corporate social responsibility initiatives to a much more regulated and legislation-driven ESG regime. A key component driving this shift is the Corporate Sustainability Due Diligence Directive of June 13, 2024 (“CS3D”),[1] which established … Continue Reading
France’s Sapin II Law was created in 2016 to address corporate corruption and implement antibribery measures. The legislation took effect in 2017, marking a significant shift in the country’s regulatory compliance landscape. The law, which tracks closely with similar laws in the US, UK, and other EU countries, requires large companies [1] to implement a … Continue Reading