On 1 April 2025, the European Parliament issued a press release stating that it had voted in favour of fast tracking its work on the stop-the-clock proposal to postpone the application of social and environmental reporting and due diligence measures. The European Parliament will decide on Thursday whether to delay the application of the requirements. If MEPs endorse the text on Thursday, the draft rules will only need formal approval by the Council to enter into force.
Our earlier blog on the stop-the-clock proposal is here.