Due Diligence has been, up to now, largely a matter of self regulation*. Some EU Member States already have Due Diligence legislation, but the problem is only that this legislation is either too sector-specific or only covers certain aspects of the Due Diligence.
https://www.productip.com/kb/productipedia/compliance-resources/is-due-diligence-becoming-mandatory-through-eu-legislation
https://www.productip.com/kb/productipedia/compliance-resources/is-due-diligence-becoming-mandatory-through-eu-legislation
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