Session 3 Flashcards
Extraterritorial regulations: What regulatory strategies for transnational business operations? (4 cards)
In which five ways can States enable RBC?
Regulating; Facilitating; Co-operating; Promoting; Exemplifying
Name as many EU DD laws as you can.
CSDD
Deforestation Regulation (2023)
Forced labour ban Regulation (2024)
Conflict minerals Regulation (2017)
Batteries Regulation (2023)
Critical Raw Materials Act (2024)
Digital services Act (Regulation) (2022)
AI Act (Regulation) (2024)
What is the scope of the CSDDD in terms of its value chain?
Upstream: all tiers of the supply chain
Downstream: only distribution, transport and storage of the product. NOT end-users and discarding products
What were some of the benefits perceived by EU MS and businesses with EU law on DD?
Predictability and legal certainty on expected conduct
Levels the ‘playing field’ among all competitors
Business opportunities from the trillions of euro in the green transition
Avoids legal fragmentation and diverging national laws in the EU
