impuesto especial

New excise tax on single-use plastic packaging

Posted on 22 June, 2020
On June 2, the Council of Ministers published the Waste and Contaminated Soils Draft Bill, aiming to transpose Directive (EU) 2018/851 of May 30, 2018 amending Directive 2008/98/EC on waste, and Directive (EU) 2019/904 of June 5, 2019 on reducing the impact of certain plastic products on the environment.

EDPB guidelines on interplay of Second Payment Services Directive and GDPR

Posted on 3 August, 2020
The Second Payment Services Directive (“PSD2”), largely applicable since January 2018, has contributed to developing a single market for payments in the European Union and has boosted consumer protection, innovation, and competition in the sector. The PSD2 was transposed into Spanish law by Royal Decree-Law 19/2018, of November 23, on payment services and other urgent

COVID-19 crisis leads European Commission to extend deadline for fine payments by ethylene purchasing cartel

Posted on 6 August, 2020
On July 14, the European Commission (hereinafter “the Commission”) issued its first sanction decision of 2020 in the settlement procedure of Case COMP/40410-ETHYLENE. This concluded an investigation started in 2016 as a result of a leniency application submitted by ethylene purchaser Westlake, which obtained immunity from the fine. Three competitors —Orbia, Clariant and Celanese—were fined

Facing COVID-19 resurgence: new temporary redundancy plan or old temporary redundancy plan?

Posted on 30 July, 2020
Business recovery after the state of emergency is still uncertain, particularly in sectors heavily dependent on the physical presence of customers and their rotation (hospitality and catering, retail, culture, and leisure) and indirectly for their suppliers, as the current COVID-19 health crisis remains in full swing.
Formula 1

Formula 1 declared “event of exceptional public interest”

Posted on 15 July, 2020
Last week, the Official Gazette of the Spanish State published Royal Decree-Law 26/2020, of July 7, on economic recovery measures to deal with the impact of COVID-19 on transportation and housing. The royal decree-law (“RDL”) includes two major changes that will affect the world of sports:
acciones de lealtad

Draft bill to introduce “loyalty shares” published

Posted on 9 September, 2020
A draft bill has been published that, in addition to transposing Directive (EU) 2017/828 into Spanish law, introduces other important new developments for listed companies. It foresees the introduction of loyalty shares, i.e., shares that confer double voting rights to their holders, provided that they are held for at least an uninterrupted period of two