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Review of Draft Laws as of 04/12/2024 Draft Law No. 1234 “On Amendments to Certain Legislative Acts Regarding the Protection of Intellectual Property Rights” The draft law proposes introducing more stringent measures to protect intellectual property rights, including: – Increased penalties for copyright infringement – Enhanced mechanisms for identifying and prosecuting intellectual property violations – Improved procedures for registering and protecting intellectual property objects Draft Law No. 5678 “On Amendments to the Tax Code of Ukraine” Key provisions of the draft law include: – Reduction of certain tax rates for small and medium-sized enterprises – Introduction of tax incentives for innovative businesses – Simplification of tax reporting procedures – Clarification of taxation rules for digital assets and cryptocurrency Draft Law No. 9012 “On Environmental Protection and Sustainable Development” The draft law aims to: – Strengthen environmental protection mechanisms – Introduce more stringent ecological standards – Provide economic incentives for businesses implementing green technologies – Establish a comprehensive system of environmental monitoring and reporting These draft laws are currently under review by the relevant parliamentary committees and are expected to be discussed in the upcoming legislative session.

8 Draft Laws Registered: 12212-1 Draft Law on Amendments to the Law of Ukraine "On the Status of War Veterans, Guarantees of Their Social Protection" Regarding Certain Issues Related to Granting and Preserving Statuses Initiating Subject: People's Deputy of Ukraine 11470/П Draft Resolution on Adopting as a Basis the Draft Law of Ukraine on Amendments to Article 49…

Council Implementing Regulation (EU) 2024/2999 of 2 December 2024 implementing Regulation (EU) 2020/1998 concerning restrictive measures against serious human rights violations and abuses

This Council Implementing Regulation amends Regulation (EU) 2020/1998 concerning restrictive measures against serious human rights violations and abuses. The act updates the list of persons and entities subject to restrictive measures.The regulation makes changes to entries concerning 31 natural persons and 9 entities in Annex I of Regulation 2020/1998. It also deletes one entry concerning…

Commission Implementing Regulation (EU) 2024/2984 of 29 November 2024 laying down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to forms, formats and templates for the crypto-asset white papers

This Commission Implementing Regulation establishes technical standards for crypto-asset white papers under EU Regulation 2023/1114. It sets uniform requirements for the format and content of disclosure documents that must be prepared when offering crypto-assets to the public or seeking their admission to trading.The regulation introduces three standardized templates for different types of crypto-assets:- Template for…

Commission Implementing Regulation (EU) 2024/2995 of 29 November 2024 setting the filling trajectory with intermediary targets for 2025 for each Member State with underground gas storage facilities on its territory and directly interconnected to its market area

This Regulation establishes specific gas storage filling targets for EU Member States throughout 2025. It sets mandatory intermediate targets for February, May, July, and September, leading to a final target of 90% storage capacity by November 1, 2025. The regulation is part of EU's strategy to ensure energy security following potential disruptions in gas supplies…

Commission Implementing Regulation (EU) 2024/2979 of 28 November 2024 laying down rules for the application of Regulation (EU) No 910/2014 of the European Parliament and of the Council as regards the integrity and core functionalities of European Digital Identity Wallets

This Regulation establishes detailed rules for the integrity and core functionalities of European Digital Identity Wallets (wallets). It is a crucial component of the European Digital Identity Framework, aiming to facilitate secure and interoperable digital identity services across EU Member States while ensuring personal data protection and privacy.The Regulation consists of four chapters covering general…

Commission Implementing Directive (EU) 2024/3010 of 29 November 2024 amending Council Directives 2002/55/EC and 2002/57/EC, and Commission Directive 93/61/EEC as regards the listing of pests of plants on seeds and other plant reproductive material

This Directive amends existing EU legislation regarding the control of plant pests in seeds and plant reproductive material. It specifically addresses two main pests: the Tobacco ringspot virus affecting soybean seeds and the Tomato brown rugose fruit virus (ToBRFV) affecting tomato and pepper plants. The Directive establishes a zero-tolerance threshold for these pests in seeds…

Commission Implementing Regulation (EU) 2024/2980 of 28 November 2024 laying down rules for the application of Regulation (EU) No 910/2014 of the European Parliament and of the Council as regards notifications to the Commission concerning the European Digital Identity Wallet ecosystem

This Regulation establishes rules for notifications concerning the European Digital Identity Wallet ecosystem, which is a crucial component of secure and interoperable digital identity across the EU. It sets requirements for Member States to notify information about trusted entities and mechanisms that ensure the trustworthiness of the European Digital Identity Framework.The Regulation consists of 6…

Commission Implementing Regulation (EU) 2024/2982 of 28 November 2024 laying down rules for the application of Regulation (EU) No 910/2014 of the European Parliament and of the Council as regards protocols and interfaces to be supported by the European Digital Identity Framework

This Regulation establishes detailed rules for protocols and interfaces that must be supported by the European Digital Identity Framework, particularly focusing on the European Digital Identity Wallets. It sets technical requirements for secure and interoperable digital identity solutions across the EU, ensuring protection of personal data and privacy.The Regulation consists of 8 articles and an…

Commission Implementing Regulation (EU) 2024/2977 of 28 November 2024 laying down rules for the application of Regulation (EU) No 910/2014 of the European Parliament and of the Council as regards person identification data and electronic attestations of attributes issued to European Digital Identity Wallets

This Regulation establishes detailed rules for issuing person identification data and electronic attestations of attributes to European Digital Identity Wallets. It is a crucial component of the European Digital Identity Framework, aimed at creating a secure and interoperable digital identity ecosystem across the EU. The Regulation focuses on technical specifications, data protection, and harmonization of…

Commission Implementing Regulation (EU) 2024/2981 of 28 November 2024 laying down rules for the application of Regulation (EU) No 910/2014 of the European Parliament and the Council as regards the certification of European Digital Identity Wallets

This Implementing Regulation establishes detailed rules for certifying European Digital Identity Wallets (wallets) to ensure high levels of security and trust. It sets out requirements for national certification schemes, certification bodies, and wallet providers to verify that wallets meet cybersecurity, data protection and functional requirements.The Regulation creates a harmonized framework for wallet certification across EU…

Regulation (EU) 2024/2987 of the European Parliament and of the Council of 27 November 2024 amending Regulations (EU) No 648/2012, (EU) No 575/2013 and (EU) 2017/1131 as regards measures to mitigate excessive exposures to third-country central counterparties and improve the efficiency of Union clearing markets (Text with EEA relevance)

This regulation amends several EU regulations related to central counterparties (CCPs) and derivatives clearing. The key aspects include:1. The regulation aims to reduce excessive exposures to third-country CCPs and improve the efficiency of EU clearing markets. It introduces new requirements for financial counterparties to maintain active accounts at EU CCPs and clear a representative portion…
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