2025 annual progress report: simplification, implementation and enforcement

This first annual progress by Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investments Union, covers the period from January to July 2025. It describes the simplification measures during this timeframe and provides feedback from the Commissioner’s first implementation dialogue and reality checks. It also includes key implementation and enforcement actions undertaken in this reporting period.

In the Political Guidelines for the next European Commission 2024-2029, President von der Leyen advocated for a “simpler and faster Europe” to improve EU competitiveness and boost growth and innovation. To achieve this goal, all Commissioners were asked to contribute to simplifying EU legislation and reducing administrative burdens. Under the portfolio of Commissioner Albuquerque, the key priorities are the development of a savings and investments union and the removal of barriers hindering the single market for financial services, coupled with the simplification of the regulatory framework, notably on reporting requirements.