- The EU’s Competitiveness Compass sets out a path to strengthen the EU’s competitiveness and economic prosperity.
- Regulatory simplification is part of the roadmap, starting with the Omnibus Package I, introduced on 26 February, which focuses on sustainability regulation.
- One of the proposed changes for CBAM is a new de minimis threshold.
- For any affected businesses — or potentially affected businesses, given anticipated scope expansion – it remains important to continue to monitor developments and plan to act as needed.
Source EY
