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European Commission SFDR Sustainability

K&L Gates LLP

Brussels Regulatory Brief: February 2025

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Antitrust and Competition - The French Competition Authority Launches Public Consultation Addressing Below-Threshold Transactions - On 14 January 2025, the French Competition Authority (Autorité de la concurrence, FCA)...more

Walkers

Irish Asset Management & Investment Funds ESG Newsletter: October 2024 – January 2025

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The Platform on Sustainable Finance has published its report on categorisation of products under SFDR ahead of the European Commission's proposal for review of the SFDR, expected in Q4 2025. ESMA released new Q&As...more

Hogan Lovells

EU SFDR: the future of sustainable finance disclosure and recommendations of the EU Platform on Sustainable Finance

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2024 was set to be the year of review for the Sustainable Finance Disclosure Regulation (SFDR). A number of different approaches have been suggested by the European Commission, national competent authorities and other...more

Morrison & Foerster LLP

Current developments in ESG obligations in the EU: Omnibus Regulation and EU Deforestation Regulation

In the EU, the new year brings on the one hand hope for relief regarding ESG reporting and disclosure obligations (I. below). On the other hand, the EU Deforestation Regulation (EUDR) will create new burdens for many...more

Morrison & Foerster LLP

Aktuelle Entwicklungen bei ESG-Pflichten in der EU: Omnibus-Verordnung und EU-Entwaldungsverordnung

In der EU lässt das neue Jahr einerseits auf Entlastungen bei den ESG-Berichterstattungs- und Offenlegungspflichten hoffen (unten I.). Andererseits wird die EU-Entwaldungsverordnung (EUDR) für viele Unternehmen neuen Aufwand...more

Proskauer - Regulatory & Compliance

European Commission publishes FAQs on CSRD and SFDR

On 13 November 2024, the European Commission published 90 frequently asked questions (‘‘FAQs’’) with the aim of enhancing stakeholders’ understanding and compliance with the sustainability reporting requirements under the...more

Akin Gump Strauss Hauer & Feld LLP

The EU Corporate Sustainability Reporting Directive – Draft FAQs and the European Sustainability Reporting Standards

The European Union (EU) Commission has published a draft set of frequently asked questions (FAQs) on the interpretation of certain provisions of the EU Corporate Sustainability Reporting Directive (CSRD) and the first set of...more

Mayer Brown

The ESMA Sets Out Its Long-term Vision on the Functioning of the Sustainable Finance Framework

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On 24 July 2024, the European Securities and Markets Authority ("ESMA") published an opinion on the sustainable finance regulatory framework (the "ESMA Opinion"), which outlines the ESMA's long-term vision for the functioning...more

Proskauer Rose LLP

Regulation Round Up - July 2024

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Welcome to the Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation....more

Akin Gump Strauss Hauer & Feld LLP

Sustainability/ESG Policy and Regulatory Update

Key topics in Akin’s July 2024 Sustainability/ESG Policy and Regulatory Update include: Updated Assessment of SFDR by EU Regulators: The European Supervisory Authorities have proposed changes to the Sustainable Finance...more

Latham & Watkins LLP

ESAs Propose New SFDR Classification System

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The ESAs urge the European Commission to consider a labelling rather than a disclosure regime to help consumers understand the sustainability goals of financial products....more

Proskauer - Regulatory & Compliance

European Supervisory Authorities’ Joint Opinion on SFDR 2.0

On 18 June 2024, the European Supervisory Authorities (the “ESAs”) published a joint opinion (the “Opinion”) on their recommendations for the next iteration of the Sustainable Finance Disclosure Regulation (“SFDR”)....more

Proskauer - Regulatory & Compliance

The Anti-Greenwashing Rule Comes Into Force: A Legal Lens

On 31 May 2024, a new anti-greenwashing rule is being introduced by the Financial Conduct Authority (the “FCA”) as part of its Sustainability Disclosure Requirements (“SDR”). We cover here the introduction of the FCA’s...more

Jones Day

The Climate Report: Fourth Quarter 2023

Jones Day on

REGULATORY ISSUES & UPDATES - Mandatory Climate Change Reporting Requirements Under the New European ESRS E1 - The implementation of the European Sustainability Reporting Standards poses risks for reporting companies,...more

Skadden, Arps, Slate, Meagher & Flom LLP

European Commission Consults on Changes to the SFDR Regime

The European Commission recently launched two consultations — a public consultation and a targeted consultation (collectively, the Consultations) — seeking stakeholders’ feedback on potential changes to the Sustainable...more

Proskauer Rose LLP

ESAs report on Principal Adverse Impact disclosures

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The annual report of the European Supervisory Authorities (the “ESAs”) on the extent of voluntary disclosure of principal adverse impacts (“PAIs”) under the Sustainable Finance Disclosure Regulation (“SFDR”) was published on...more

Hogan Lovells

UK/EU ESG Regulation Monthly Round-Up – September 2023

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September has got off to a very busy start for ESG regulatory developments following the summer break. We have seen the launch of the final recommendations from the Taskforce on Nature-related Financial Disclosures (TNFD),...more

Goodwin

The Seeds for SFDR II? Two EU Commission Consultations

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The European Commission (the Commission) has published two consultations to both evaluate and assess enhancements to the EU’s Sustainable Finance Disclosure Regulation (SFDR). Open until 15 December 2023, the Commission is...more

Hogan Lovells

European Commission seeks industry views in SFDR targeted consultation

Hogan Lovells on

On 14 September 2023, the European Commission launched a targeted consultation and a public consultation seeking feedback on Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector...more

Hogan Lovells

Sustainability Disclosure Standards: EU Commission adopts ESRS under the CSRD and UK develops UK SDS

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On 31 July 2023, the Commission adopted the European Sustainability Reporting Standards (ESRS) for companies reporting under the Corporate Sustainability Reporting Directive  ((EU) 2022/2464) (CSRD).  The ESRS are based on...more

Paul Hastings LLP

EU ESG Framework – latest developments and further clarifications on greenwashing and sustainable investments

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Over the last few months, the European Commission and the European Supervisory Authorities (“ESAs”) have published a number of press releases and reports that aim to clarify and provide further updates on concepts used within...more

Hogan Lovells

EU Sustainable Finance Package and development in EU Taxonomy and SFDR interactions

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On 13 June 2023, the European Commission published a new sustainable finance package. In particular the package of measures included (i) recommendations in respect of facilitating transition finance, (ii) a proposal in...more

Cadwalader, Wickersham & Taft LLP

European Commission Action on Climate Taxonomy and ESG Rating Provider Regulation

On June 13, 2023, the European Commission published “a new package of measures to build on and strengthen the foundations of the EU sustainable finance framework.” The aim is to ensure that the EU sustainable finance...more

Goodwin

The EU Sustainable Finance Package: key points for private fund managers

Goodwin on

On 13 June the European Commission (the Commission) published a new package of measures to bolster the EU sustainable finance framework.  Its aim is to: “ensure that the EU sustainable finance framework continues to...more

Walkers

ESAs Report on Greenwashing in the financial sector

Walkers on

On 1 June 2023, the three European Supervisory Authorities (the “ESAs”) published their respective progress reports (ESMA, EBA and EIOPA) in response to a request for their input from the European Commission (the...more

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