ESG - Commission proposes changes to AIFMD, UCITS and MiFID regimes

On 8 June 2020, the European Commission published draft amendments to the MiFID, AIFMD and UCITS regimes, as part of the EU Action Plan on Financing Sustainable Growth.

The proposed amendments focus on the integration of sustainability into existing organisational rules and conduct of business rules under the three regimes.

Our note below summarises the key changes which will be relevant for fund managers and asset managers.

To assist clients with reviewing the proposed amendments (which can be a little difficult to follow in the draft delegated acts), we have produced a consolidated redline document which highlights the specific changes to the existing regulatory requirements. This can be found here.