Sustainability regulation for Europe’s green transformation is moving forward. Following a preliminary agreement on the European Green Bond Standard (see TSI kompakt of 10 March 2023), the ESAs and the ECB have now published a joint statement on 13 March 2023. In this statement they encourage the market to collect and report more sustainability data related
European sustainability goals
“Use-of-Proceeds” Approach for Securitisations Supported by ECB
The European Central Bank today published its opinion on the draft EU Green Bond (EuGB) standard presented by the European Commission in early July 2021 (see article TSI Compact July 6, 2021). In it, the ECB supports the “use-of-proceeds” approach to securitisation. The EU Green Bond (EuGB) Standard As a reminder, the EU Green Bond