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In February 2025, the European Commission presented its “Omnibus” package aiming to delay application as well as simplify certain obligations under the CSRD, CSDDD and the EU Taxonomy with the ultimate goal of reducing administrative burden and thus addressing concerns that the rules would hamper European competitiveness (see our summary of the Omnibus here). Following the approval of the “stop the clock” Directive, which delays application of the CSRD and CSDDD for certain companies, the EU institutions are now focusing efforts on the substantive proposal to simplify and streamline certain obligations under these rules. In parallel, the EU Commission is also working to publish updates to the EU Taxonomy.

On 10 September 2018, the Philippine Competition Commission (“PCC”) issued its Guidelines on Notification of Joint Ventures (“JV Guidelines”) to aid parties in assessing whether a proposed M&A transaction would be considered a joint venture (“JV”) that is subject to mandatory notification under the Philippine Competition Act (“PCA”), and in…

On 29 October 2015, the Republic of Kazakhstan adopted its first Commercial Code. It was adopted to facilitate the implementation of the “Plan of the Nation – 100 Specific Steps to Implement the Five Institutional Reforms” and to comprehensively regulate public relations in the business environment.

On July 9th 2015, the Bulgarian Parliament adopted a package of measures aiming to combat unfair business-to-business trading practices in the retail supply chain. In parallel to modifications in food distribution regulations, the legislators also approved an amendment to the Protection of Competition Act (“PCA”), introducing new rules prohibiting “abuse…