5d • Data Governance
The EU’s "Digital Omnibus": A 25% Cut in Red Tape?
Brussels is finally answering the "regulatory thicket" criticism with a massive streamlining effort. The newly unveiled Digital Omnibus initiative targets a 25% reduction in compliance costs (rising to 35% for SMEs) by 2030.
Importantly, this isn't deregulation—it's harmonization. The goal is to untangle the conflicts and overlaps between major frameworks like GDPR, the AI Act, and DORA.
For tech and fintech leaders, this signals a crucial pivot: the EU is attempting to move from being a pure regulator to an enabler, aiming to clear the administrative fog so that innovation can actually scale without being buried in paperwork.
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The EU’s "Digital Omnibus": A 25% Cut in Red Tape?
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