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Comment on Omnibus initiative

Simplify sustainability-related requirements for businesses (EC simplification package on ESG reporting)

Adrian Schwantes
Adrian Schwantes

The GBIC outlines proposals through which the efficiency, steering-relevance and implementation of existing sustainable finance regulation could be improved. Through an Omnibus-Initiative the EU frameworks on sustainability reporting, the Taxonomy and the sustainability due diligence law should be adapted. These changes should aim to improve the regulatory frameworks’ usability while simplifying implementation for companies. 

Comment on Omnibus initiative

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Adrian Schwantes

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Adrian Schwantes

Sustainable Finance

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CMDI review as a chance

Reduce bureaucracy, ensure stability and maintain proven flexibility

The German Banking Industry Committee (GBIC) comments on the Trilogue negotiations on the review of the European bank crisis management and deposit insurance framework (CMDI review).