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Europe Daily Bulletin No. 13372

16 March 2024
ECONOMY - FINANCE - BUSINESS / Companies
EU Member States approve Due Diligence Directive, but considerably reduce its scope
Brussels, 15/03/2024 (Agence Europe)

On Friday 15 March, the Member States’ ambassadors to the European Union (‘Coreper’) finally approved the provisional agreement reached with the European Parliament on the directive that will provide a framework for European corporate due diligence, but not without making a number of important changes.

The text of the latest compromise proposed on Friday by the Belgian Presidency of the Council of the EU broadly takes up the guidelines already validated during the previous attempt at...

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