Legal & Regulatory News

European Commission adopts delegated regulations supplementing the Benchmark Regulation on sustainable finance issues

17 July 2020

The European Commission has published provisional delegated regulations (the Delegated Regulations) supplementing Regulation (EU) 2016/1011 (the Benchmark Regulation) on sustainable finance issues.

The Benchmark Regulation introduced a common framework to ensure the accuracy and integrity of benchmarks referenced in financial instruments, financial contracts and/or investment funds in the European Union. The Delegated Regulations supplement the Benchmark Regulation, covering the following sustainable finance issues:

  • The explanation to be included in the benchmark statement of how environmental, social and governance (ESG) factors are reflected in each benchmark provided and published.
  • The minimum content with regards the explanation to be provided of how ESG factors are reflected in the benchmark methodology.
  • The minimum standards for EU climate transition benchmarks and EU Paris-aligned benchmarks.


    • Annexes to the Delegated Regulations have also been published.


    Click here to access the webpage on implementing and delegated acts relating to the Benchmark Regulation.

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