The European Union’s (EU) simplification agenda needs to “tackle unnecessary complexity" arising from both the Digital Operational Resilience Act (DORA) and the General Data Protection Regulation (GDPR), PensionsEurope has argued.
In its position paper on the European Commission’s digital omnibus regulation proposal, PensionsEurope reiterated its concerns that second pillar pension funds “differ profoundly” from other financial entities and that the application of the principle of proportionality should be reinforced




