EBA, EIOPA and ESMA seek input on the draft Regulatory Technical Standards (RTS). The European Supervisory Authorities (ESAs) ask for input regarding disclosures of financial products investing in economic activities that contribute to an environmental investment objective, as defined by the Taxonomy Regulation.
The proposed draft RTS aim to:
- facilitate disclosures to end-investors regarding the investments of financial products in environmentally sustainable activities
- create a single rulebook for sustainability disclosures under the SFDR and the Taxonomy Regulation, with minimum overlapping or duplicative requirements between the two regulations
Stakeholders are invited to contribute to the consultation by 12 May.
Read more here.