The European Commission just adopted revised sustainability reporting standards. Here's what it means for EU businesses and smaller enterprises.
1️⃣ European Commission — Commission adopts revised sustainability reporting standards to reduce administrative burdens
The Commission has formally adopted a revised set of European Sustainability Reporting Standards designed to maintain high-quality disclosures while effectively reducing the administrative burdens placed on businesses.
This regulatory change affects all major EU corporations currently subject to environmental and social disclosure mandates as well as smaller companies looking to adopt voluntary reporting frameworks.
Impacted firms must begin implementing these revised standards alongside the new voluntary SME reporting options before the enforcement deadline on September 3, 2026.
2️⃣ Hrvatska agencija za nadzor financijskih usluga — Provision of crypto services from July 1, 2026
With the Markets in Crypto-Assets transition period officially coming to an end, the Croatian regulator has announced that mandatory crypto licenses and registrations are now required for all service providers.
This enforcement hit applies directly to any financial institutions or digital asset entities that have been operating in Croatia without formal authorization from the national supervisor.
Any entity that currently lacks the necessary license must legally cease offering all crypto-related services within the territory to ensure compliance with the now-active European regulatory regime.
3️⃣ Health and Safety Executive — HSE takes enforcement action against occupational health service provider
The health and safety regulator has taken enforcement action by issuing a Prohibition Notice against an occupational health provider for failing to provide adequate health surveillance.
This move hits the specific service provider named in the notice and serves as a critical warning to all employers who utilize external health surveillance services.
The provider is required to halt all prohibited activities immediately while businesses are strongly urged to verify the competence and statutory credentials of their current health partners.
4️⃣ Comisión Nacional del Mercado de Valores — LA CNMV ACTUALIZA SU REGLAMENTO DE RÉGIMEN INTERIOR
The Spanish markets authority has updated its internal regulations to formally incorporate the organizational and functional requirements established by the Markets in Crypto-Assets and Digital Operational Resilience mandates.
This functional update hits the internal departments of the regulator and any Spanish financial firms involved in digital assets, tokenisation, or the DLT Pilot Regime.
The revised framework is now in effect to ensure the regulator can properly supervise the complex technological and operational requirements introduced by recent European digital finance legislation.
5️⃣ Autoriteit Consument & Markt — ACM takes additional measures for filling gas storage Grijpskerk
The Dutch competition authority has finalized a decision requiring the operator NAM to grant free access to the Grijpskerk gas storage facility for the duration of the upcoming heating season.
This regulatory decision hits the facility operator and provides relief for energy market participants who require storage access to maintain national energy security.
The regulator has effectively removed previous requirements for earthquake damage contributions which were deemed unreasonable and served as a barrier to entry for storage users.
Full analysis in the attached RegNext Daily Europe Radar carousel.
— Elena Navarro · Managing Editor, RegNext
Daily Europe Radar · Friday 03 Jul 2026
#EURegulation #UKRegulation #FinancialRegulation #ComplianceIntelligence
