On September 13, the European Parliament voted for significant amendments to the draft proposal of the European Commission for a regulation on deforestation-free products,  addressing many of the concerns raised by civil society in the past months. The modifications were suggested by the Parliament's Committee on the Environment, Public Health and Food Safety (ENVI), and are included in their final report.  Among the major improvements, the European Parliament stressed the need to widen the scope of agricultural and forest commodities to include also natural rubber and maize, among others; extending the definition of “forests” to include other non-forest ecosystems  (such as the Cerrado savannah in Brazil); putting additional measures on financial institutions to ensure their activities do not back global deforestation. The Parliament proposal  also provided for the rights of indigenous peoples, local communities and smallholders and the protection of their territories, as well as stricter requirements for operators to undertake efforts to support smallholders’ compliance. Beyond what has been debated and voted on in respect of these  general topics, the Parliament amendments  also touched on other key operational aspects that will directly affect European companies importing and exporting goods and products falling in the scope of the Regulation. This article aims to present and shed light on such changes to prepare the ground  for businesses facing  the upcoming rules. While all modifications would worth the discussion, only the major ones affecting companies will be discussed herein. Enlarging the scope The EU Parliament strengthened the EU Commission proposal by enlarging the scope of commodities,  shifting the cut-off date -  after which commodities and products must be “deforestation-free” -  one year earlier, extending the definition of “deforestation” and including financial institutions to prevent them from supporting projects and/or activities linked to deforestation, forest degradation or conversion. EU Commission EU Parliament Deforestation  “Conversion of forest to agricultural use, whether human-induced or not” “Conversion whether human-induced or not, of forests or other wooded lands to agricultural use or to plantation forest” Deforestation-free Commodities and products, including those used for or contained in the products, were produced on land that has not been subject to deforestation, and wood that has been harvested without inducing forest degradation after December 31, 2020 Adds that commodities and products shall not have induced or contributed to forest conversion after December 31, 2019 Commodities scope Cattle, cocoa, coffee, oil palm, soy and wood, as well as products that contain, have been fed with or have been made using these commodities Adds swine, sheep and goats, poultry, palm-oil-based derivates, maize, rubber, and wood products, including charcoal and printed paper Financial institutions Are not included in the scope Shall exercise due diligence prior to providing services to customers whose economic activities consist, or are linked to, the trading or placing on the market of the commodities and products within the Regulation’s scope Obligations and Due diligence The text adopted by the Parliament clarified and complemented many aspects of the operators' and traders’ obligations within the