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The Legal Empowerment Blog What you need to know The political relationship between the United Kingdom and China has significantly cooled since the “golden era” of the mid-2010s. However, despite deteriorating diplomatic ties, cooperation in areas like climate policy has persisted. As the UK reevaluates its relationship with China, particularly under the context of an ongoing diplomatic “audit,” there exists both a need and an...
The Legal Empowerment Blog What you need to know Background: Why the Change? The shift towards “bundled” payments—where fund assets cover both research and execution services—comes in response to the evolving nature of investment management. Under the current rules, fund managers must often separate research costs from execution services, which can create administrative challenges and make it harder to access certain research sources, especially from...
The Legal Empowerment Blog What you need to know Commission Launches Competition for the 2027 European Green Capital and Green Leaf Awards The European Commission invites European cities committed to sustainability to apply for the 2027 European Green Capital and Green Leaf Awards. The application process is now open, and the deadline for submission is 15 April 2025. These prestigious awards recognize and reward...
The Legal Empowerment Blog What you need to know Investors Dialogues on Energy Webinar: Strategic Energy Technology Plan The Investors Dialogues on Energy (ID-E) invites professionals from the energy and finance sectors to join an exclusive webinar focused on the European Strategic Energy Technology Plan (SET Plan). This event will take place on Tuesday, 21 January 2025, from 14:00 to 15:30 (CET), exclusively online. The...
The Legal Empowerment Blog What you need to know The European Union continues to uphold its role as a global leader in humanitarian support, committing an initial humanitarian aid budget of €1.9 billion for 2025. With projections indicating that over 300 million people worldwide will need urgent humanitarian assistance next year, this substantial financial commitment reinforces the EU’s dedication to addressing complex global crises. This...
The Legal Empowerment Blog What you need to know In response to the ongoing humanitarian crisis in Gaza, the European Commission has announced a significant new aid package worth €120 million. This marks a continuation of the EU’s unwavering support for Palestinians in need, bringing the total EU humanitarian assistance to Gaza to over €450 million since 2023. This new funding is in addition to...
The Legal Empowerment Blog What you need to know On January 16, 2024, European Commissioner for Democracy, Justice, and the Rule of Law, Michael McGrath, visited Eurojust’s headquarters in The Hague to mark the beginning of a pivotal collaboration between the European Commission and Eurojust. During his visit, McGrath was warmly received by Eurojust President Michael Schmid and Vice-Presidents Margarita Šniutytė-Daugėlienė and José de la...
The Legal Empowerment Blog What you need to know On November 6, 2024, the EU General Court issued a landmark ruling, upholding the European Commission’s decision to impose hefty fines on Credit Suisse (now part of UBS) and Crédit Agricole. The penalties, totaling over €15 million, were the result of alleged involvement in anti-competitive practices within the bond market. This ruling highlights a growing trend...
The Legal Empowerment Blog What you need to know In a major move towards improving gender equality in corporate leadership, the European Commission has formally launched its Gender Balance on Corporate Boards Directive, which came into force at the end of December 2024. This directive aims to ensure a more balanced representation of genders on the administrative and oversight boards of companies across the European...
The Legal Empowerment Blog What you need to know In a notable development in international trade relations, China has launched a formal investigation into the European Union’s Foreign Subsidies Regulation (FSR), alleging that the regulation unfairly discriminates against Chinese companies. This investigation, led by China’s Ministry of Commerce, is positioned to reshape global trade dynamics, particularly concerning the EU’s policies on foreign state aid. The...
The Legal Empowerment Blog What you need to know The European Commission on Wednesday dismissed Meta CEO Mark Zuckerberg’s recent assertions that the European Union’s (EU) laws regulating online content are effectively censorship on social media platforms. A spokesperson for the European Commission, Thomas Regnier, clarified, “We don’t ask any platform to remove lawful content.” Regnier further explained the distinction between illegal content, which must...
