Today, the European Parliament's Legal Affairs Committee is voting on due diligence in supply chains. The political groups were able to agree on a compromise that is more ambitious than the positions of the Commission and Council. But SMEs are now only indirectly held accountable.
By Charlotte Wirth
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.
By Charlotte Wirth
Technically, importers of tin, tantalum, tungsten and gold in the EU have to fulfill special due diligence requirements. A first inspection report now reveals that most companies do not comply with the requirements.
By Redaktion Table
