The EU's Competitiveness Compass sets out a path to strengthen the EU's competitiveness and economic prosperity.Regulatory simplification is part of the roadmap, starting with the Omnibus Package I, introduced on 26 February, which focuses on sustainability regulation.One of the proposed changes for CBAM is a new de minimis threshold.For any affected businesses — or potentially affected businesses, given anticipated scope expansion - it remains important to continue to monitor developments and plan to act as needed.For further information on Omnibus Package I, register for the webcast on 13 March 2025. Executive summaryOn 26 February 2025, the European Commission (the Commission) released...