EU Omnibus I Directive (Directive (EU) 2026/470) A2-7: Subsidiary exemption now open to listed public-interest entities (amended Articles 19a(10) and 29a(9); deletion of Article 19a(6) and (7) of Directive 2013/34/EU)

What does A2-7 require?

The exemption for a subsidiary (or intermediate parent) whose information is included in a parent's consolidated sustainability reporting now also covers public-interest entities, including large listed ones that were previously excluded, provided the exemption conditions in Article 19a(9) or 29a(8) are met (naming the reporting parent, giving weblinks to its consolidated report and assurance opinion, and stating that the exemption is used). The simplified regime for listed small and medium undertakings and the deferral option for them are deleted, since those undertakings no longer fall within the duty.