Omnibus Directive: agreement on the first simplification package

The FBF welcomes the conclusion of the first simplification package, which, following constructive exchanges, has led to an agreement in support of the energy and climate transition, as well as of the real economy and the companies that underpin it.

As highlighted by this text, the measures adopted to reduce the burden on European companies must now be accompanied by an alignment of the banking prudential framework, in order to ensure that the intended simplification is fully achieved.

This agreement highlights a key point strongly emphasised by the Danish Presidency: dialogue and impact assessments of legislation must take place at an early stage, to avoid the need for subsequent simplification measures aimed at preserving European competitiveness and strategic autonomy