Legal & Regulatory News

European Supervisory Authorities consult on ESG disclosure rules

The three European Supervisory Authorities – the European Banking Authority ("EBA"), the European Securities and Markets Authority ("ESMA") and the European Insurance and Occupational Pensions Authority ("EIOPA") – have issued a consultation paper that seeks input on proposed ESG disclosure standards for financial market participants, advisers and products.

The consultation sets out the proposed Regulatory Technical Standards on the content, methodologies and presentation of disclosures pursuant to Regulation (EU) 2019/2088 (the "Sustainable Finance Disclosure Regulation")

The deadline for responses to the consultation paper is 1 September 2020.

Click here to access the consultation paper.