On June 1, the ESAs (EBA, EIOPA and ESMA) presented their common understanding of greenwashing in the financial sector. The progress reports are an initial response to the European Commission’s request to the three ESAs for input on greenwashing risks related to Sustainable Finance. […]
Sustainability
Consultation on Sustainability Disclosures related to STS securitisations
On 2 May, the European supervisory authorities EBA, EIOPA, and ESMA (the ESAs) published a consultation paper. This includes a draft regulatory technical standard (RTS) considering whether and to what extent ESG-data should be published. In particular, the draft RTS considers the disclosure of Principal Adverse Impact (PAI) effects with regard to assets financed via