Leather, re-treaded tires and some packaging materials will no longer be in scope for the EUโ€™s Deforestation Regulation (EUDR), due to apply in law from December 30 this year. The EU says that the changes, which are part of a simplification package published on May 4, should reduce companiesโ€™ annual compliance costs by about 75 percent.

The Commission adopted two measures on July 13: a Delegated Act updates and simplifies the list of products covered by the Regulation, while an Implementing Act sets out the functioning of the Information System for submitting due diligence statements and simplified declarations.  

Ruth Prickett graduated from Cambridge University with a BA hons in History and has specialized in business and finance journalism for the past 20 years. She was editor of Financial Management, the magazine...