argomento: News del mese - Diritto Internazionale e Comunitario

Articoli Correlati: ESAs - Regulatory Technical Standards - disclosures in the financial services sector

On February 4^th, 2021, the European Commission was given a Final Report with the draft of the Regulatory Technical Standards (RTS) by the Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA); the delivered text was mainly concerned with the EU Regulation on sustainability-related disclosures in the financial services sector (SFDR) and specifically on the contents and different possibilities to be compliant to the provisions. The aim of the project is to ameliorate the warranties for the investors with the improvement of the information disclosure including Environmental, Social and Governance (ESG) disclosures, the principal adverse impacts of investment decisions and the sustainability features of a wide range of financial products. Steven Maijoor, Chair of the Joint Committee, maintained: «The significant set of rules issued today provide a strong basis to improve ESG reporting and combat greenwashing. They strike a careful balance between achieving common disclosures across the range of financial products covered by the SFDR and recognising that they will be included in documents that are very diverse in length and complexity. The ESAs have listened to the consultation feedback from stakeholders and have adjusted the proposed disclosures».