EU’s new export due diligence guidance: keep an eye on it
In 2021, the EU passed an updated version of the EU Dual-Use Regulation, setting common standards for export control of dual-use items by EU member states. Among its new provisions, Regulation (EU) 2021/821 introduces “comprehensive controls” on network monitoring projects in its Article 5. This catch-all provision requires exporters to obtain approval if they know or suspect that their cyber surveillance programs may be used to commit human rights violations, even if the programs are not specifically subject to existing export controls. Telecom interception systems (5A001.f.), Internet surveillance systems (5A001.j.), intrusion software (4A005, 4D004), and forensic tools (5A004.b., 5D002.a.3.b., 5D002.b.) etc. items. c.3.b.) are examples of technologies subject to these controls. Despite growing concerns about the misuse of spyware and other surveillance tools, such comprehensive controls have so far been rarely applied, and many exporters remain unclear about how to apply it. To address this issue, the EU published new guidance on October 15, 2024 to help exporters meet these…
Protective packaging: the EU’s economic security package
The EU plans to tighten controls on homegrown technology. Here's the short version. The longer version is a (rather dry) retelling of the proposed legislation and white paper published last week as the European Economic Security Package (ESP). We provide a (really dry… sorry) summary below, but here are the highlights and interesting points right at the beginning. Because, in this blog (as in life), we are here for the good times, not the long ones. Five great things to please people The new ESP includes plans for the EU to take the following actions: 1. Foreign direct investment review – full inspection The ESP proposes to implement a Regulation to make EU inbound investment screening stronger and more consistent across Member States. We acknowledge that this is an important and potentially necessary task. In fact, we have written another article about these measures here. However, this means that we need to publish a second edition of Foreign Direct Investment…
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