Is "may contain traces" / "made in a facility..." no longer adequate labeling in these situations? I know that used to be the norm in America, and it still is i

Is "may contain traces" / "made in a facility..." no longer adequate labeling in these situations? I know that used to be the norm in America, and it still is in Europe. My experience with moderately serious non-anaphylactic food allergies is that "traces" are pretty low risk.