Feature
Published on: 09. March 2023
Due diligence obligations: financial sector to be privileged

If the Council had its way, the financial sector would be almost entirely excluded from the EU's duty of care legislation. What this means in concrete terms is shown by an example from Mexico, in which a Luxembourg financial holding company is also involved. The case clearly shows how difficult it is to clarify the question of the responsibility of financial service providers.
Last updated: 24. July 2025