European Securities and Markets Association

ESMA and ESG Regulations

As the regulator of European securities, bonds and funds, the European Securities and Markets Authority has launched numerous ESG regulatory policies, including sustainable information disclosure requirements, ESG fund naming and investment rules, and ESG rating regulation.

The European Securities and Markets Authority has also published a series of reports on climate risks and greenwashing to help stakeholders understand the impact of these issues on the financial system.

ESG Ratings

EU Proposes Regulation on ESG Rating Services

The European Union stated in its recent sustainable finance policy that it requires ESG rating services to meet the authorization and supervision of the European Securities and Markets Authority (ESMA)

Regulation Authorities

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