Recent Articles

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  01/07/2024

  Europe, Colombia

  Offshore Wind in Colombia – First Round gaining traction

  The first offshore wind round is the name given by Government of Colombia (“GoC”) to the first and ongoing international competitive process (the “Competitive Process”) that began on December 4, 2023, and is expected to result in the issuance of Temporary Occupation Permits (“Permits”) in maritime areas North of the Colombian Atlantic coast for the development of offshore wind energy generation projects (the “Projects”). As we will explain in further detail below, holders of the Permits will subsequently have the right to request maritime concessions.If...

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  01/07/2024

  Poland

  Polish Supreme Court confirms admissibility of public compensation in consumer cases

  PL

  On 12 June 2024, the Polish Supreme Court issued a judgment confirming that the Office of Competition and Consumer Protection (UOKiK) can use the public compensation instrument for cases concerning infringements of the collective interests of consumers.Under the Competition and Consumer Protection Act, the UOKiK has the power to impose a financial penalty on an undertaking for violating collective interests of consumers and to order actions to remedy the effects of such a violation. The statutory list of such actions is open ended and includes making a statement of specific content and form, which...

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  01/07/2024

  International

  EU anti-dumping investigation of Chinese, Korean, Taiwanese, and Thai epoxy resin imports

  On 1 July 2024, the EU opened an anti-dumping investigation concerning EU imports of epoxy resins originating in the People’s Republic of China, the Republic of Korea, Taiwan and Thailand which could lead to substantial anti-dumping duties on future imports.The product under investigation for alleged dumping is products containing more than 35% by weight of epoxy resins.These are also known as "epoxide resins" or "polyepoxides" which are polymers or prepolymers containing reactive epoxy groups,based on epichlorohydrin (‘ECH’) and an aliphatic or aromatic alcoholic component...

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  01/07/2024

  Luxembourg

  Transparent and predictable working conditions: Modification of the Labour Code

  The Chamber of Deputies finally proceeded to the first vote on 26 June 2024 for the bill 8070 amending the Labor Code. The purpose of this bill is to transpose Directive (EU) 2019/1152 dated 20 June 2019 on transparent and predictable working conditions.For the moment, the bill is awaiting exemption from a second vote by the Chamber of Deputies. The publication date is not yet known but should be imminent. It will come into force 4 days after publication in the Journal Officiel.Bill 8070 provides among other things:Modification of article L. 010-1 of the Labor Code, introducing a system to protect...

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  01/07/2024

  United Kingdom

  Countdown to UKCA compliance: changes in construction product marking

  It is time to prepare for changes in construction products, as there is only one year remaining until CE marking (which stands for Conformité Européenne) will no longer be recognised as the compliance mark for installations in Great Britain, and instead the UKCA marking (which stands for UK Conformity Assessment) will be needed. Construction product manufacturers, designers, importers and distributors that are supplying goods with the CE mark, should take steps to convert to the UKCA mark without delay, and as the compliance mark cannot be relied upon until the applicable standards...

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  28/06/2024

  United Kingdom

  FCA publishes Consumer Duty outcomes review – what do I need to know?

  The FCA has published the results of its multi-firm review into Consumer Duty outcomes monitoring. Although the review concentrated on 20 of the larger insurance firms, the FCA’s observations are relevant to all retail financial services firms and all firms should consider the review’s findings.What are the key takeaways for firms?Firms tend to concentrate too much on processes being completed rather than on outcomes being delivered. For example, reporting on whether there are overdue value assessments or product reviews, without providing any insight into the key findings, lessons...

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