Position paper - The Omnibus package: a critical opportunity for Europe’s future

Europe’s heavy regulatory burden remains a key concern for transatlantic business, with 84% of our members citing it as a major barrier. The first Omnibus package presents a critical opportunity to deliver a meaningful approach to simplification, setting the blueprint for future efforts. Without immediate, bold action, the EU risks losing business confidence and investment, jeopardising its linked economic and sustainability goals. By simplifying sustainability and due diligence regulations, the Omnibus package can reduce business’ regulatory burden and enhance Europe’s attractiveness for investment. Simplification should not mean deregulation. Rather, simplification should ensure the EU's sustainability and due diligence goals are met in a manner that is predictable and practical for companies. The path forward for reducing regulatory burdens and strengthening Europe's competitiveness is clear: now is the time for action.