The EU Supply Chain Act: The Current Status & What Companies Can Expect
Source: The Fashion Law.
The EU Supply Chain Act has triggered significant progress and national initiatives within the European Union (EU) to develop due diligence frameworks. This article explores the four categories of countries regarding their approach to supply chain due diligence regulations. Some countries, such as France and Germany, have enacted laws, while others have paused their legislative processes due to the upcoming EU directive. Certain countries regulate sector by sector, while others have yet to act. The potential impact on smaller companies and concerns about competitiveness have influenced decision-making. You can just read on to learn more about the current status of the EU Supply Chain Act and its implications for companies.