EU: Regulatory rollback on the cards from EPP?

The EPP, Europe's dominant political force, calls for regulatory rollback, including a two-year delay in due diligence directives implementation, signalling a potential shift in EU's regulatory approach

Key Points to Know:  The European People's Party (EPP) met in Berlin, calling for a review of recently adopted EU laws. They propose a two-year delay in implementing due diligence directives and are pushing back against heavy regulatory burdens on businesses.

Why This Matters: This signals a potential shift in EU regulatory policy, which could ease compliance pressures on businesses. It reflects growing concerns about overregulation and its impact on competitiveness.

What Might Happen Next: Possible delays in implementing CSRD, CSDDD, and other regulations. Increased debate on the balance between regulation and business competitiveness. Potential resistance from other political groups and stakeholders.

What You Should Be Doing: Engage with EU member state industry associations and governments to voice concerns and influence the debate.