On 5 March 2026, the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) issued a Call for Advice inviting the European Supervisory Authorities to develop technical advice to inform the review of the Disclosures Delegated Act (Commission Delegated Regulation 2021/2178) under the Taxonomy Regulation.
The DG FISMA states that
In our latest briefing note, we explain the upcoming changes to the EU Emissions Trading System (EU ETS) and the UK Emissions Trading Scheme (UK ETS) as carbon pricing enters a new phase through the expansion of their emissions trading systems to cover new sectors while introducing broader carbon measures
On 13 February 2026, the Australian Treasury (Treasury) published a consultation paper on a proposed sustainable investment product labelling regime. Treasury is seeking stakeholder feedback on the design of a framework intended to improve transparency and comparability for financial products marketed as “sustainable” or similar, including for managed funds and within the superannuation
On 27 February 2026, the Financial Conduct Authority (FCA) published a new webpage on how to use sustainability labels as part of the Sustainability Disclosure Requirements (SDR) regime.
The FCA explains that the labels are for funds with environmental or social goals and these firms can choose to use labels if
On 27 February 2026, the Financial Conduct Authority (FCA) published a new webpage, outlining its findings in relation to good and poor practice for using labels under the Sustainability Disclosure Requirements (SDR) regime.
Background
The FCA explains that firms in scope have been able to use sustainability labels under the
On 26 February 2026, there was published in the Official Journal of the EU (OJ), Directive (EU) 2026/470 of the European Parliament and of the Council of 24 February 2026 amending Directives 2006/43/EC, 2013/34/EU, (EU) 2022/2464 and (EU) 2024/1760 as regards certain corporate sustainability reporting requirements and certain corporate sustainability due diligence requirements.
On 24 February 2026, the Council of the European Union adopted the final text of the Omnibus Directive simplifying sustainability reporting and due diligence requirements.
Overview
The Omnibus Directive simplifies the directives on corporate sustainability reporting (CSRD) and corporate sustainability due diligence (CS3D) by reducing the reporting burden and limiting the
Introduction
ESG is changing the landscape for financial institutions as stakeholders, including investors, increasingly expect them to make their operations more sustainable.
Financial services regulators also view ESG as a priority, embedding the principles of climate-related financial risks into their supervisory frameworks and dealing with greenwashing issues.
There is limited uniformity in regulation as financial
Following publication of the FCA’s Policy Statement: Tackling non-financial misconduct (NFM) in financial services (PS25/23), we take a look at what it means for firms and what actions they should be taking as we move towards 1 September 2026 when the new Code of Conduct (COCON) rule; the new COCON guidance
On 30 January 2026, the Financial Conduct Authority (FCA) published a consultation paper setting out proposals to evolve its rules in relation to listed companies’ sustainability disclosures (CP26/5).
Background
The FCA highlight in CP26/5 that there are already rules for listed companies’ sustainability disclosures that are aligned with the Task Force