Reporting requirements are key for the enforcement and monitoring of legislation, but can also lead to burdens on stakeholders. The European Commission, under the REFIT programme, is proposing to streamline reporting obligations and reducing administrative burdens with regards to financial services, the InvestEU programme and certain benchmarks, while allowing the reuse of data for innovation and research purposes.
Opinions
Pages
This initiative reports on the application and impact of EU rules on payment services, as required by the review clause of the Second Payment Services Directive and announced in the Commission´s retail payments strategy of 2020.
This initiative aims at providing detailed rules to support the smooth functioning of the cooperation and consistency mechanism established by the General Data Protection Regulation (GDPR).
The Toy Safety Directive sets out the safety requirements that toys must meet before they can be marketed in the EU. This initiative aims to protect children better against risks in toys, particularly from chemicals. It builds on work such as the chemicals strategy for sustainability, and on an evaluation of the current toy safety rules completed in 2020. At the same time, it aims to strengthen the Single Market for toys.