Legal & Regulatory News
ESMA publish updated sustainable finance timeline
26 September 2022On 26 September 2022, the European Securities and Market Authority (ESMA) published its updated timeline for the implementation of key European sustainable finance regulations. This regulatory timeline includes the key implementation milestones for sustainable finance regulations across Europe, including under:-
· the Sustainable Finance Disclosures Regulation (SFDR);
· the Taxonomy Regulation;
· the Central Securities Depositories Regulation (CSRD);
· the Market in Financial Instruments Directive (MiFID);
· the Insurance Distribution Directive (IDD);
· the Undertakings for the Collective Investment in Transferable Securities (UCITS); and
· the Alternative Investment Fund Managers Regulations (AIFMD).
The timeline tracks historical milestones, starting in March 2021, and runs through to the planned implementation of CSRD's application to third country companies in January 2028.
Click here to view the updated timeline.