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Tokenisation Yes, Monetary Fragmentation No: The ECB’s Emerging Doctrine For The EU’s Digital Finance Architecture And Wider Views On The MIP
The European Central Bank has articulated a comprehensive vision for the EU's digital finance architecture, positioning deeper financial integration as essential for Europe's economic future. This analysis examines the ECB's technical stance on the Market Integration and Supervision Package, which proposes to transfer significant supervisory powers to ESMA while addressing persistent gaps in cross-border capital allocation.
European Union Finance
PL
PwC Legal Germany
Article
Music Sampling and Pastiche: CJEU Defines the Scope of a Key Copyright Exception
The Court of Justice of the European Union has delivered its first definitive interpretation of the "pastiche" exception in EU copyright law, establishing that sampling and other creative borrowing can qualify as fair use when they engage in recognizable artistic dialogue with source material. This landmark ruling in the decades-long Kraftwerk sampling dispute charts a middle course between overly narrow and catch-all approaches, requiring that borrowed elements be used openly and recognizably rather than c
European Union IP
JD
Jones Day
Article
EU 20th Sanctions Package Against Russia
The European Union has adopted its 20th sanctions package against Russia, marking the first-ever activation of the EU's anti-circumvention tool and introducing comprehensive measures across Russia's energy sector, military-industrial complex, and financial system. This unprecedented package includes 120 new asset-freeze and travel-ban listings, restrictions on LNG terminal services, shadow-fleet vessel designations, and enhanced legal protections for EU operators facing retaliatory proceedings.
European Union International
K
Kinstellar
Article
The EU FSR Decision And Its Implications For Middle Eastern Investors
The EU Foreign Subsidies Regulation introduces new regulatory scrutiny for non-EU companies investing in Europe, with particular implications for Middle Eastern state-linked entities and sovereign wealth funds. The first major FSR merger investigation involving UAE-based e& and PPF Telecom reveals how the Commission applies this regime to government-backed investors from the Gulf region.
Worldwide Anti-trust
BF
BREMER LF WLL
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