On Wednesday, 24 September, the members of the Committee of Permanent Representatives of the Member States to the EU (Coreper) indicated they agreed on a proposal that the Danish Presidency of the Council of the EU submitted concerning the regulations and directives of the ‘Omnibus IV’ legislation on simplification (see EUROPE B13645A2).
The few Member States that wanted to broaden the scope of companies considered to be ‘small mid-caps’ have won their case: the EU Council’s...