What’s in store for us in 2024?
At the end of 2021, insiders in the EU scene in Brussels were expecting 2022 to be the year of the “regulatory tsunami”. Well, the mills of the EU grind slowly: First, the Commission prepares a draft. This is discussed at various levels before the EU Parliament deals with it, votes on it and then the Council of Ministers decides, until the regulations are finally published in the Official Journal of the EU. Many of these projects that were initiated two years ago will now be finalised in the short term and are therefore topical: the European elections are just around the corner! Be it the Data Act PPWR, the ECO Design Directive, the harmonised labelling of building materials or the European emissions portal: This year, all of these regulations are expected to come into effect and so the extent and scope of the wave triggered by the Commission in 2022 will now gradually become visible in 2024.
The fact that many of these regulatory requirements are regulations and not directives has the advantage that they will take effect immediately and with the same wording in all member states. Directives are often transposed into national legislation with considerable delay and in different ways, which can lead to an inhomogeneous legal situation and thus to distortions of competition.
However, anyone who has ever looked at such European regulations will know that they are not only very extensive, but are also sometimes difficult to break down into specific cases of application. In addition, many paragraphs still have to be successively filled with specific provisions and there are numerous exceptions.
What does this mean for companies? The first step is to check whether the company is covered and affected by the regulations. This can depend on various factors, such as the sector or the size of the company. The resulting requirements for the company must then be determined before the most efficient and resource-saving implementation can be developed and tackled.
We look forward to engaging in dialogue with you and addressing your challenges.
Sustainably, for your success!