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AI driving increased use of real-time data by accountants enabling better business decisions, but integrity concerns widespread

CFOs and finance teams are harnessing an explosion in data and AI technology to drive better business insights. But a new survey shows most have concerns over the integrity of AI-generated analysis

A major report, Enabling finance insight, from two of the world’s leading accountancy bodies, reveals a clear trend towards greater use of real-time operational data, with more than 60 per cent of finance teams increasing its use over the past two years to support better business insight and decision-making.

Europe's Automotive Workers Call for an Industrial Accelerator Act that really delivers

ENVI VOTE LEAVES KEY ALUMINIUM LOOPHOLES UNRESOLVED IN CBAM REVIEW

European Aluminium regrets that yesterday’s vote in the European Parliament’s ENVI Committee on the Carbon Border Adjustment Mechanism (CBAM) Review and Temporary Decarbonisation Fund failed to close key loopholes that could undermine the effectiveness of the EU’s carbon border levy for aluminium. The Committee adopted its position ahead of the September plenary vote but did not include the specific fixes needed for post-consumer scrap and the proposed 50-tonne mass-based threshold for imported CBAM goods.

MPE acknowledges entry into force of EU steel overcapacity regulation and calls for timely downstream review

Metal Packaging Europe acknowledges the entry into force of the Regulation addressing the negative effects of global overcapacity on the Union steel market. A swift, evidence-based review of the impact on downstream industries, including steel packaging and components, is essential.

Europe needs a strong steel value chain. MPE supports EU action to ensure fair competition and strengthen industrial resilience, and downstream steel users must not be overlooked. Manufacturers of rigid steel packaging and components depend on secure, competitive access to steel.

European Biodiesel Board and FEDIOL welcome ITRE Committee adoption of the Motion for Objection to Delegated Act 2026/2680

After yesterday’s welcome ITRE Committee vote, the European Parliament’s plenary needs to safeguard EU’s strategic soy supply chains.

De-risking European Institutions: SOVEREIGN CLOUD

Wed, 07/01/2026 - 12:30

 

On the EU’s Critical Raw Materials Act (CRMA): “Security of raw materials: yes – state intervention: no”

Frankfurt, 23 June 2026 – Commenting on the vote in the European Parliament’s Committee on Industry, Research and Energy (ITRE) on the proposed amendments to the Critical Raw Materials Act (CRMA), VDMA Executive Director Thilo Brodtmann says:

• “Securing the supply of critical raw materials is one of the key industrial policy challenges facing Europe. The European Commission’s ‘RESourceEU package’ places greater emphasis on raw materials security and is therefore an important step towards strengthening European resilience.”

eDeclaration in the EU: “As few information requests as possible!”

Frankfurt, 22 June 2026 – Commenting on the trilogue between the EU institutions on the subject of ‘eDeclaration’, scheduled for tomorrow, VDMA Executive Director Thilo Brodtmann says:

• “The eDeclaration could be a first step towards reducing red tape in the area of the posting of workers, as it is intended to enable notifications regarding the posting of workers to be submitted via a single, EU-wide portal”.

Discussion on China in the EU Council “Take a firmer stance against unfair competition”

Frankfurt, 19 June 2026 – Commenting on the discussion regarding a new policy on China at the EU summit, VDMA Executive Director Thilo Brodtmann says:

• “We would have liked to see the EU agree clearly and unequivocally on a unified policy line in its dealings with China. The OECD has shown that China subsidises its companies up to eight times more than other OECD countries and that 60 per cent of China’s global market share gains are attributable to this. The EU must finally take a firm stance on this and respond effectively and in a united manner.”

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