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Sustainable Finance


Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector (“SFDR”)

Regulation (EU) 2020/852 of the European Parliament and of the Council of 18 June 2020 on the establishment of a framework to facilitate sustainable investment, and amending Regulation (EU) 2019/2088 (the “Taxonomy”)

 

CBC DIRECTIVES

  1. R.A.A. 443/2022 - CBC Amending Directive with regard to safeguarding of financial instruments and funds belonging to clients, product governance obligations and the rules applicable to the provision or reception of fees, commissions or any monetary or non-monetary benefits (in Greek only) - Transposition of Directive (EU) 2021/1269

 

DELEGATED ACTS

Commission Delegated Regulation (EU) 2021/1253 of 21 April 2021 amending Delegated Regulation 2017/565 as regards the integration of sustainability factors, risks and preferences into certain organisational requirements and operating conditions for investment firms

Commission Delegated Directive (EU) 2021/1269 of 21 April 2021 amending Delegated Directive 2017/593 as regards the integration of sustainability factors into the product governance obligations

Commission Delegated Regulation (EU) 2022/1288 of 6 April 2022 supplementing Regulation (EU) 2019/2088 of the European Parliament and of the Council with regard to regulatory technical standards specifying the details of the content and presentation of the information in relation to the principle of ‘do no significant harm’, specifying the content, methodologies and presentation of information in relation to sustainability indicators and adverse sustainability impacts, and the content and presentation of the information in relation to the promotion of environmental or social characteristics and sustainable investment objectives in pre-contractual documents, on websites and in periodic reports

 

TECHNICAL STANDARDS

ESMA Guidelines

ESMA Q&As on Sustainable Finance

ESMA CONSULTATION PAPERS

ESMA Opinions and Advice

  1. ‘Do No Significant Harm’ definitions and criteria
  2. Concepts of sustainable investments and environmentally sustainable activities
  3. Concept of estimates across the EU Sustainable Finance framework

The abovementioned documents are Explanatory Notes drafted in order to set out factual information on Sustainable Finance framework, by referencing relevant legal provisions and Q&As published by the ESAs and the Commission. They are purely descriptive and do not intend to replace any legal texts nor to provide guidance on the application of the provisions.

ESAs Joint Committee Sustainable Finance Factsheet

Securities and Markets Stakeholder Group Advices