Strong EU trade enforcement rules enter into force

Robust new trade enforcement rules have entered into force that will further strengthen the EU's toolbox in defending its interests. With the update of the EU's Trade Enforcement Regulation, the EU is able to act in a broader range of circumstances. The new rules upgrade the EU's enforcement by introducing the following changes: empowering the … Continue reading Strong EU trade enforcement rules enter into force

European Council adopts exceptional rules to facilitate bank lending in the EU

The EU is temporarily adapting banking rules in order to maximise the capacity of banks to lend money and support households and businesses to recover from the COVID-19 crisis. The banking package adopted today provides targeted and exceptional legislative changes to the capital requirements regulation (CRR 2). These changes will allow credit institutions to fully play their … Continue reading European Council adopts exceptional rules to facilitate bank lending in the EU

New leasehold information rules a big victory for consumers

The endorsement by ministers of proposals to give consumers significantly more information early in the home buying process was today given a partial welcome by the Law Society of England and Wales. “It is encouraging to see government has recognised just how much easier it will be for consumers to make informed decisions if full … Continue reading New leasehold information rules a big victory for consumers

Digital Single Market – European Commission publishes guidance on free flow of non-personal data

Today, the European Commission published a new guidance on the interaction of free flow of non-personal data with the EU data protection rules. As part of the Digital Single Market strategy, the new Regulation on the free flow of non-personal data, which has started to apply in the Member states, will allow data to be stored and … Continue reading Digital Single Market – European Commission publishes guidance on free flow of non-personal data

Visa free travel after Brexit: European Council adopts regulation

The Council today adopted a regulation setting out that, following Brexit, UK citizens coming to the Schengen area for a short stay (90 days in any 180 days) will be granted visa free travel. The next step will be for the text to be signed by the European Parliament and the Council and published in … Continue reading Visa free travel after Brexit: European Council adopts regulation

Antitrust: European Commission fines Google €1.49 billion for abusive practices in online advertising

The European Commission has fined Google €1.49 billion for breaching EU antitrust rules. Google has abused its market dominance by imposing a number of restrictive clauses in contracts with third-party websites which prevented Google's rivals from placing their search adverts on these websites. Commissioner Margrethe Vestager, in charge of competition policy, said: "Today the Commission has … Continue reading Antitrust: European Commission fines Google €1.49 billion for abusive practices in online advertising

Time to reform rules around leasehold charges

The unforeseen charges faced by some purchasers of leasehold properties could be addressed if developers and estate agents complied with consumer protection regulations by giving information up front, the Law Society of England and Wales said yesterday. “Under consumer protection regulations* key sales information is supposed to be set out at the start of the … Continue reading Time to reform rules around leasehold charges