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The European Parliament has voted to postpone the EU Deforestation Regulation until the end of 2026. Progress is also being made on the broader “Omnibus” simplification package, which aims to ease reporting and due diligence obligations. These ongoing regulatory changes have prompted many companies to reassess the transparency of their value chains from a new perspective.

The European Commission has announced that it will not propose a postponement of the EU Deforestation Regulation for large or medium-sized companies – meaning the regulation will still apply at the end of 2025. However, the Commission is proposing amendments to the regulation’s content to reduce reporting requirements for certain operators and ease the workload on the TRACES information system.