"ESG" is an abbreviation for "Environment", "Social" and "Governance". These are the categories of sustainability factors that will be subject to new standards in the future under the new sustainability reporting regulations. A new EU directive will change the requirements for some companies to publicly report certain non-financial information, including information on the company's environmental and social performance and impacts. The aim is to ensure that investors, civil society organisations and other interested parties have access to the information they need without imposing excessive reporting requirements on companies.

We are pleased to announce that SCWP Schindhelm Services SE, alliance of European business law firms, has opened a new office in Bodrum. Our 230 lawyers at 31 locations in 14 countries will thus support you with international competence, commitment and valuable local experience in every one of your projects.  

After months of negotiations with employers and trade unions, the Spanish government reached an agreement on 23 December 2021 on a far-reaching reform of the labour market. It has been implemented through Royal Decree-Law 21/2021 (RDL), published on 30 December 2021, on urgent measures to reform the labour market, guarantee employment stability and transform the labour market.

From 1 January 2022, foreign nationals will no longer enjoy a general tax exemption for allowances for housing costs, language courses and education costs for children.

For several years now, the European Commission (“EC”) has been taking a strict course at EU level, whereby primarily the major tech corporations are being kept in check with the help of the tools of competition law. The example of Google currently shows how serious the EC and the court of first instance are when it comes to achieving fair competition at the EU level. While the public focus is mostly on the market abuse of large multinational corporations, this article aims to shed light on the actions of “small players”, that is, those companies that only have relative market power.

In keeping with our good and longstanding cooperation with the University of Warsaw, Schindhelm has given a lecture on the topic of “Energy market liberalization between the EU and China” in the conference “Between China and Europe - Energy for Future Earth” organized and hosted by Warsaw-Beijing-Forum on April 11th, 2021.