Go to content
${facet.Name} (${facet.TotalResults})
${item.Icon}
${ item.ShortDescription }
${ item.SearchLabel?.ViewModel?.Label }
See all results
${facet.Name} (${facet.TotalResults})
${item.Icon}
${ item.ShortDescription }
${ item.SearchLabel?.ViewModel?.Label }
See all results

Regulatory Blog

Binoculars with documents in lenses

${totalItems} results

${customFilterHeading} Showing ${showingItems} of ${totalItems} results ${searchTerm}
${facet.Name} (${facet.TotalResults})
Reset
EU updates its FAQs on reporting obligation under the oil import restrictions
On 26 July 2022, the European Commission updated its Frequently Asked Questions (FAQs) on Article 3m(3) a&b and 3m(10) of Council Regulations 833/2014 in regards to the reporting obligations under the oil import restrictions that were included to the EU’s sixth package of sanctions against Russia.
EU adopts “maintenance and alignment” package on its Russia sanctions
On 21 July 2022, the European Council adopted the new measures, under the “maintenance and alignment” package.
European Commission publishes consolidated list on Russia sanctions
On 24 June 2022, the European Commission issued its updated consolidated version of the frequently asked questions concerning sanctions adopted following Russia’s military aggression against Ukraine.
EU adopts additional sanctions on Belarus
On 3 June 2022, the European Council decided to impose further restrictive measures on an additional 12 individuals and eight entities for their role in the ongoing internal repression and human rights abuses in Belarus. These measures are in addition to those adopted in the context of Belarus’ involvement in Russia’s war against Ukraine and constitute the sixth round of sanctions against the Lukashenko regime linked to the domestic situation in Belarus.
EU adopts sixth package of sanctions targeting Russia and Belarus
On 3 June 2022, the European Council announced its decision to adopt the sixth package of economic and individual sanctions targeting both Russia and Belarus. The package includes a series of measures intended to effectively prevent Russian abilities to continue the aggression against Ukraine.
Joint Harneys and OEB Webinar on Russian Sanctions: Understanding the impact
On 11 May 2022, Harneys and the Cyprus Employers & Industrialists Federation (OEB) hosted the joint webinar “Russian Sanctions: Understanding the Impact”. The panel consisted of our Global Head of Regulatory Aki Corsoni-Husain, our Senior Associate Elina Mantrali and Partner George Apostolou as chair.
European Commission publishes consolidated list of travel bans
On 11 May 2022, the European Commission published a consolidated list of travel bans in its EU Sanctions Map tool. This will allow everyone to see who is subject to travel ban under European Union’s sanctions measures.
European Commission proposes a tax incentive to reduce for debt-equity bias
On 11 May 2022, the European Commission (EC) proposed a Directive on a debt-equity bias reduction allowance (DEBRA) by introducing an allowance that will allow for a notional interest deduction on equity increases from one tax year to the next. The objective is to reduce the current tax bias that favours the use of debt over equity. The focus of the proposed measure is on the entity being funded rather than on the lender or equity provider.
European Commission updates its FAQs on sanctions imposed to Russia
The European Commission has published a number of Frequently Asked Questions (FAQs) on the sanctions adopted in 2022 following Russia’s military aggression against Ukraine.
EDPB issues statement on EU-US new international data transfer arrangements for an ‘enhanced’ Privacy Shield framework
On 7 April, the European Data Protection Board (EDPB) adopted a statement on the announcement of a new international data transfer agreement between the EU and the US (the Statement). With its Statement, the EDPB welcomes the commitments made by the US to establish ‘unprecedented’ measures to “protect the privacy and personal data of individuals in the European Economic Area (EEA) when their data are transferred to the US” as a positive first step in the right direction.
${ item.Title }
${ item.Description }