Tag: EU
European Commission unveils green claims rules to prevent consumer greenwashing
The European Commission has unveiled a new directive that will require companies to verify their environmental claims and labels.
EU regulators hold public meeting to discuss DORA
The three European Supervisory Authorities (EBA, EIOPA and ESMA) have held a joint digital public event to discuss the Digital Operational Resilience Act (DORA).
European Commission unveils Green Deal Industrial Plan
The EC has launched its Green Deal Industrial Plan, a series of strategies aimed at boosting competitiveness of Europe’s net-zero industries.
The ESAs publish 12 good practices for financial education
The three European Supervisory Authorities (ESAs) have published a joint thematic report on national financial education initiatives on digitalisation.
European Commission sued due to data protection law violation
A German citizen is suing the European Commission for transferring of citizens’ data from of the Commission’s websites to the US – a data protection law originally created by the EC.
5 challenges of upcoming PRIIPs reporting requirements
Asset managers, insurance companies and financial institutions will soon need to comply with the EU’s new Packaged Retail and Insurance-based Investment Products (PRIIPs) Key...
ECB changes bond rules to account for climate change
The Governing Council of the European Central Bank (ECB) will now account for climate change in its corporate bond purchases, collateral framework, disclosure requirements and risk management.
ESMA publishes findings around ESG ratings
The European Securities and Markets Authority (ESMA) has published a letter to the European Commission around the findings of a call for evidence on ESG ratings.
ESMA publishes report on the Common Supervisory Action
The European Securities and Markets Authority (ESMA) has published a report on the Common Supervisory Action (CSA) on costs and fees for investment funds, that was carried out with National Competent Authorities (NCAs) during 2021.
EFRAG releases sustainability reporting standards proposal for consultation
The European Financial Reporting Advisory Group (EFRAG) has released a draft proposal for consultation for the European Sustainability Reporting Standards.
