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NLJ this week: All aboard the EU sustainability ‘Omnibus’

04 April 2025
Issue: 8111 / Categories: Legal News , Procedure & practice , ESG , Regulatory , EU , Commercial
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The European Commission’s proposed ‘Omnibus’ package sets out an array of proposed amendments to simplify corporate sustainability requirements and reduce paperwork. In this week’s NLJ, Iris Karaman, senior associate, and Kate Chan, associate, at Pillsbury Law, look at the ‘Omnibus’ content and assess its practical implications for business.

Will it, as intended, reduce the regulatory burden on businesses? Or will it ‘introduce fresh legal uncertainties and diverging national implementations’? Karaman and Chan discuss.

The authors write: ‘Some Member States may be reluctant to weaken national due diligence or reporting standards, especially where domestic policymakers have positioned themselves as global leaders in corporate sustainability regulation. This could lead to regulatory fragmentation, with some jurisdictions maintaining higher compliance requirements than others.’ 

MOVERS & SHAKERS

Mourant—Stephen Alexander

Mourant—Stephen Alexander

Jersey litigation lead appointed to global STEP Council

mfg Solicitors—nine trainees

mfg Solicitors—nine trainees

Firm invests in future talent with new training cohort

360 Law Group—Anthony Gahan

360 Law Group—Anthony Gahan

Investment banking veteran appointed as chairman to drive global growth

NEWS
Artificial intelligence may be revolutionising the law, but its misuse could wreck cases and careers, warns Clare Arthurs of Penningtons Manches Cooper in this week's NLJ
Bea Rossetto of the National Pro Bono Centre makes the case for ‘General Practice Pro Bono’—using core legal skills to deliver life-changing support, without the need for niche expertise—in this week's NLJ
Small law firms want to embrace technology but feel lost in a maze of jargon, costs and compliance fears, writes Aisling O’Connell of the Solicitors Regulation Authority in this week's NLJ
Charles Pigott of Mills & Reeve reports on Haynes v Thomson, the first judicial application of the Supreme Court’s For Women Scotland ruling in a discrimination claim, in this week's NLJ
The Supreme Court issued a landmark judgment in July that overturned the convictions of Tom Hayes and Carlo Palombo, once poster boys of the Libor and Euribor scandal. In NLJ this week, Neil Swift of Peters & Peters considers what the ruling means for financial law enforcement
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