EBA ESG Regulations
Banks play an important role in the net-zero transition and transition financing. As the regulator of EU banking system, the European Banking Authority has released a sustainable finance roadmap, making ESG development a priority.
The European Banking Authority, together with European Securities and Markets Authority and European Insurance and Occupational Pensions Authority, has developed European Sustainability Reporting Standards to regulate companies information disclosure.
European Financial Regulators Revise SFDR Regulatory Technical Standards
Three European financial regulatory agencies issued documents to modify SFDR Regulatory Technical Standards
ESMA, EBA and EIOPA Issues Opinions on Sustainability Reporting Standards
Three European regulation authorities (ESMA, EBA and EIOPA) issued their opinions on the draft of European Sustainability Reporting Standards (ESRS for short), the first edition published by the European Financial Reporting Advisory (EFRA) in November last year. The purpose of ESRS is to establish a common European sustainable reporting standard in order to promote the development of ESG and keep pace with global sustainable development
EBA Releases Sustainable Finance Roadmap
The European Banking Authority (EBA) has released a roadmap for sustainable finance in the next three years to explain EBA’s follow-up measures and planned tasks in ESG. This roadmap is the second version released by EBA