The EU Council has failed to approve its Corporate Sustainability Due Diligence Directive (CSDDD) following objections from member states on the same day the European Parliament adopted new rules on sanctions for environmental crimes.
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EU law on ESG due diligence fails to reach final approval despite new environmental crimes penalties
New standardised ‘high level’ cybersecurity rules are being proposed for the EU by the European Council, which will bring more firms under this regulatory reach.
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