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Client Alerts 23 results

Client Alert | 7 min read | 04.01.26

Proposed EU Industrial Accelerator Act Would Introduce New Conditions for Foreign Direct Investments in Strategic Sectors

On March 4, 2026, the European Commission proposed the Industrial Accelerator Act (IAA), a draft regulation that aims to reverse the decline of the EU’s manufacturing sector while supporting the adoption of cleaner technologies. This client alert is the second in a three-part series dedicated to the IAA. In our first alert we provided an overview of the draft regulation. In this second alert, we take a closer look at the new foreign direct investment (FDI) review framework that the IAA would establish for certain strategic sectors.
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Client Alert | 9 min read | 03.16.26

Proposed EU Industrial Accelerator Act Aims to Shore Up Declining EU Manufacturing Sector

On March 4, 2026, the European Commission proposed the Industrial Accelerator Act (IAA), a draft regulation that aims to reverse the decline of the EU’s manufacturing sector while supporting the adoption of cleaner technologies. The proposal introduces “Made in EU” and low-carbon requirements in public procurement and public support schemes, to create lead markets for European industrial products. The proposal also seeks to increase value creation in the EU and bolster the EU’s economic security by setting conditions for major foreign direct investments (FDI) in strategic sectors.
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Client Alert | 7 min read | 03.10.26

EU Sustainability Reporting Revamp: Key Updates to the CSRD and the CS3D from the Omnibus I Directive

On 26 February 2026, the EU published Directive (EU) 2026/470 (the Omnibus I Directive). Adopted as part of the European Commission's (Commission) simplification agenda and after a year of debates and negotiations between the Commission, the Council, and the European Parliament, this text effectuates far-reaching changes to both the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CS3D).
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Client Alert | 9 min read | 10.15.25

Understanding the EU’s International Procurement Instrument

In June 2025, the European Commission adopted its first-ever measures under the International Procurement Instrument Regulation (IPI), restricting access to the EU public procurement market for medical devices for economic operators and medical devices from the People’s Republic of China. This is the first application of the IPI, a new trade instrument aimed at tackling lack of reciprocity in access to public procurement in third countries.
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Client Alert | 6 min read | 07.31.25

Significant Changes Are in the Works for EU Environmental, Social, and Governance (ESG) Laws

Following the February announcement of the Omnibus package, the European Commission, Council, and Parliament have made several decisions indicating ways in which EU ESG laws are likely to be streamlined. This alert provides a high-level summary of the most significant proposed changes to existing and draft ESG legislation.
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Client Alert | 3 min read | 07.25.25

EU Adopts the Largest Ever Trade Countermeasures Against the U.S. to Apply if EU-U.S. Trade Negotiations Fail

On July 24, the European Commission announced the imposition of new EU countermeasures in response to U.S. tariffs further to an agreement reached among EU Member States. These measures are adopted through Commission Implementing Regulation (EU) 2025/1564 and take the form of additional customs duties on U.S. products as well as export restrictions for certain EU products. In total, these measures concern about EUR 93 billion ($109 billion) worth of customs duties, the highest volume of bilateral trade caught by the EU so far. The EU countermeasures are set to enter into force as of August 7.
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Client Alert | 2 min read | 07.17.25

(Not the Funniest) Weekend Update: Recap of Recent Developments in the EU-US Tariff Dispute

Since taking office earlier this year, the Trump administration has reignited tariff disputes between the European Union and the United States. The US has reimposed US Section 232 measures on steel and aluminum, extended the scope of these measures, and, on April 2nd, imposed IEEPA tariffs on EU products under the International Emergency Economic Powers Act. These IEEPA tariffs were then reduced to 10% until July 9th.
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Client Alert | 3 min read | 05.12.25

EU Retaliatory Trade Measures Against the U.S. – Public Consultation

On 8 May 2025, the European Commission published new lists of products potentially subject to EU rebalancing measures in retaliation to U.S. tariffs. The proposed measures would apply if EU-U.S. trade negotiations fail. They are designed to stand alongside previously adopted EU countermeasures, which are currently suspended until 14 July 2025.
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Client Alert | 9 min read | 03.18.25

The European Commission’s Clean Industrial Deal: Reconciling Competitiveness and Decarbonization

On February 26, the European Commission presented its Clean Industrial Deal (CID). As a follow-up to the European Green Deal, the CID aims to strengthen the competitiveness of European industry while at the same time accelerating the decarbonization of the economy.
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Client Alert | 7 min read | 02.04.25

FIFA’s Football Transfer Rules Get Red Card From EU Top Court

On October 4, 2024, the Court of Justice of the EU (CJEU) ruled in the Diarra case that the transfer rules of the Fédération Internationale Football Association (FIFA) regarding the termination of player contracts without just cause were incompatible with EU internal market and competition laws. Following this landmark ruling, FIFA published temporary changes to its transfer rules on December 23, 2024. This judgment could have a significant impact on the economic model for football in Europe, and on the balance of power both between clubs, and between clubs and their players.
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Client Alert | 9 min read | 02.04.25

The Anti-Coercion Instrument: What Is It and How Europe Might Use It Over the Next Four Years

Since Donald Trump’s election to a second term as President of the United States, the possibility of U.S. trade measures against the European Union became more tangible. The new administration is reportedly considering imposing sanctions on certain EU Member States and imposing additional tariffs on EU exports to the U.S.
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Client Alert | 10 min read | 12.03.24

The EU Foreign Subsidies Regulation One Year On: An Effective Tool or Just More Red Tape?

Just over a year ago, the notification obligations under the EU Foreign Subsidies Regulation (FSR) became applicable. Since then, M&A transactions and bids for government contracts above certain thresholds must be notified to the European Commission. Pending the Commission’s review, the transaction cannot be completed, or the contract cannot be awarded. What lessons can be learned from the application of the FSR to date? Has the FSR proved to be an effective tool in leveling the playing field, or has its main effect been to burden companies with red tape, at the risk of discouraging investment in Europe?
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Client Alert | 10 min read | 10.30.24

Are You, and Your Supply Chain, Ready for the Deforestation Regulation?

Cattle, cocoa, coffee, oil palm, soya, wood, rubber?  Do you sell any of these commodities? Do you sell any products derived, containing or using any of these commodities? Are there any companies in your supply chain which sell or use these commodities, or derivative products?  Do you (or others in your supply chain) sell products in the EU/EEA, or export products from the EU/EEA?  If so, you – and your supply chain – must likely comply with the Deforestation Regulation.[1] And getting ready is no easy feat – even despite the recent actions to postpone some of the application deadlines of concern. 
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Client Alert | 8 min read | 08.06.24

Preparing for CS3D: Early Lessons From France

After a somewhat turbulent adoption process, on 25 July 2024 the Corporate Sustainability Due Diligence Directive (“CS3D”)[1] finally entered into force.  The CS3D requires certain companies operating in the EU/EEA, to identify and address adverse impacts on human rights and the environment as regards their actions both inside and outside of Europe. This includes obligations for companies to issue publicly available annual statements on human rights and environmental issues, and to adopt and put into effect transition plans for climate change mitigation.
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Client Alert | 7 min read | 06.17.24

Navigating Compliance: Preparing for the EU Corporate Sustainability Due Diligence Directive

EU member states must transpose the directive into national law within two years of its entry into force.  Compliance with the Directive will be introduced in stages, as follows:
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Client Alert | 10 min read | 05.31.24

2024: An Overview of New and Upcoming Belgian and EU Laws and Regulations – UPDATED in May 2024

At the beginning of the year, we brought to your attention that a number of important Belgian and EU legislative changes are likely to have an impact in 2024: there are new laws that have been adopted and proposals that are expected to firm up into law.
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Client Alert | 9 min read | 04.09.24

A New European Commission Proposal on Foreign Direct Investment Screening: Towards Greater Harmonization?

On June 20, 2023, the European Commission and the High Representative for Foreign Affairs and Security Policy published a Joint Communication on the European Economic Security Strategy. The Strategy was adopted to reduce risks to the European Union’s economic security amid rising geopolitical tensions and rapid technological changes. The Strategy is structured according to a three-pillar approach: promoting competitiveness, protecting against risks and partnering with like-minded countries.
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Client Alert | 8 min read | 03.26.24

The EU Forced Labor Regulation – A Legal Breakdown

On March 13, 2024, the EU legislators reached a provisional agreement on the content of the regulation prohibiting products made with forced labour (“the FL Regulation”). This piece of legislation is part of a series of proposed directives addressing human rights in supply chains which also incorporates recent European ESG efforts (CSRD, CBAM, Regulation against deforestation).
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Client Alert | 9 min read | 01.31.24

2024: An Overview of New and Upcoming Belgian and EU Laws and Regulations

A number of important Belgian and EU legislative changes are likely to have an impact in 2024. On the one hand, there are new laws that have been adopted and will start to bite, and, on the other, there are proposals that are expected to firm up into law.
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Client Alert | 5 min read | 10.05.23

Trade Defense Instruments: What to Expect From the Anti-coercion Instrument?

On October 3, 2023, the European Parliament adopted a report on a new trade defense instrument in the European Union (herein referred to as the “EU” and the “Union”): the so-called “anti-coercion instrument” (“ACI”). The ACI is expected to enter into force before the end of 2023 as a new addition in the EU’s trade defense toolkit.
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