Key industry comments

General

ICMA Sustainable Finance Compendium

The International Capital Markets Association’s Sustainable Finance Compendium is intended to provide an easy reference point to the numerous national and international developments in the field of ESG.

Reproduced with the kind permission of the ICMA

Taxonomy Regulation

In May 2018, the European Commission (Commission) adopted a proposal for a Regulation on the establishment of a framework to facilitate sustainable investment (the Taxonomy Regulation). Industry comment on the Taxonomy Regulation is listed below:

Better Finance (August 2018)

EACB (August 2018)

PIMFA (August 2018)

AFME (August 2018)

EBF (August 2018)

EFAMA (September 2018)

ALFI (September 2018)

Sustainable Finance Disclosure Regulation

In May 2018, the Commission adopted a proposal for a Regulation on disclosures relating to sustainable investments and sustainability risks and amending [IORP II] (the SFDR). Industry comment on the SFDR is listed below:

Better Finance (August 2018)

PIMFA (August 2018)

ALFI (August 2018)

ICI Global (August 2018)

AIMA (August 2018)

EFAMA (September 2018)

EBF (September 2018)

Delegated Regulations on incorporating environmental issues into advice given by investment firms and insurance distributors

In May 2018, the Commission proposed Delegated Regulations on suitability assessments that would amend level 2 measures already in place under

Industry comment to the Delegated Regulations is listed below:

AIMA (June 2018)

MFA (June 2018)

Better Finance (June 2018)

AFME (June 2018)

PIMFA (June 2018)

This document (and any information accessed through links in this document) is provided for information purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking or refraining from any action as a result of the contents of this document.