( February 20, 2026, 16:36 GMT | Official Statement) -- MLex Summary: The European Commission has defended its use of urgency clauses to bypass impact assessments in three legislative cases, including the Corporate Sustainability Reporting Directive which requires large companies to disclose detailed environmental, social, and governance data under Omnibus I package to simplify rules and cut red tape. The EU's administrative watchdog, the Ombudsman, found procedural shortcomings amounting to maladministration, citing weak documentation and unclear climate consistency checks.The beginning of the Commission’s reply appears below. The full opinion is in the attached files....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.