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    CBAM Implementing Regulation and Extensive Additional Reporting Guidance Published

    Earlier this month, the European Commission (“EC”) adopted an Implementing Regulation (“IR”) and released extensive Guidance Documents (“Guidance”) on the practicalities of reporting requirements for the transitional phase of the EU’s Carbon Border Adjustment Mechanism (“CBAM”) framework. This first material phase of CBAM will commence on October 1, 2023 (“Transitional Period”). The Guidance complements the IR in providing vital instructions for both installation operators (exporters) outside the EU and importers of CBAM goods within...

    Poland drafts bill to encourage investment in biogas and biomethane projects

    The Polish government has adopted a bill amending the Renewable Energy Sources Act that is expected to facilitate the development of biogas and biomethane projects. This draft legislation, which was sent to the lower chamber of the Polish Parliament (Sejm) for legislative work on 8 May, represents another initiative (further to the draft Biogas Act described at CMS Law-Now a few weeks ago) aimed at boosting the biogas and biomethane market in Poland. The key changes to be introduced are presented below.Definition of biomethane The bill introduces a definition of biomethane, meaning “gas derived...
    Middle East

    The legal framework for sustainable family businesses in the Kingdom

    BackgroundThe new Saudi Companies Law issued through Cabinet Decision No 678/1443 is a landmark legislation that has sown the seeds for a sustainable family business ecosystem. The provisions regarding family businesses introduced by the Companies Law are in pursuance of the economic objectives underpinned in the country’s landmark Vision 2030.Family CharterMost importantly, the Companies Law has introduced an institutional legal cover to family businesses. The founders, partners and shareholders of family-owned enterprises can now conclude a “family charter” (or a family constitution)...

    European Parliament and Council ready to start negotiations on EU Data Act – Europe gets closer to adopting a data law

    In February 2022 the European Commission presented its proposal for the EU Data Act, which – if adopted - will introduce a far-reaching legal regime on access to and use of non-personal data in the EU and will, similar to the GDPR, be applicable to businesses established outside the EU. The proposed regulation contains a set of rules defining how various forms of data can be used and by whom for purposes across all economic sectors with the aim of creating a new data-agile ecosystem. While the new law will bring new opportunities, it will also create legal challenges for all actors in the...

    China has acceded to the Hague Convention of 5 October 1961 Abolishing the Requirement of Legalisation for Foreign Public Documents

    On 8 March 2023, the People's Republic of China (the "PRC") has (finally!) acceded to the Hague Convention of 5 October 1961 Abolishing the Requirement of Legalisation for Foreign Public Documents (the "Convention").The Convention between the PRC, as the acceding state, and other member states (which will not have raised an objection; see below) will enter into force as of 7 November 2023.This constitutes a long-awaited and very positive development.Please click here to read the full article.

    Jakie opłaty okołos­prze­dażo­we mogą stanowić nieuczciwą praktykę rynkową – ważne wskazówki Prezesa UOKiK dla sieci handlowych i ich dostawców

    GB PL
    7 listopada 2022 r. Prezes Urzędu Ochrony Konkurencji i Konsumentów („Prezes UOKiK”) opublikował raport podsumowujący badanie rynku artykułów konsumpcyjnych codziennego użytku („Raport”). Raport dotyczy pobierania przez sieci handlowe opłat od dostawców produktów rolno-spożywczych za usługi świadczone i wykonywane na ich rzecz (tzw. opłaty okołosprzedażowe). W ramach przeprowadzonego badania, Prezes UOKiK pozyskał informacje od 35 podmiotów prowadzących 52 sieci handlowe...