3 July – 3 August 2026
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
As businesses grapple with increasingly complex and interconnected risks, from climate-related disruptions to geopolitical instability and supply chain fragility, the search for flexible and cost-effective risk management solutions has never been more pressing.
The use of captive insurance vehicles as a mechanism for alternative risk transfer is well established, offering corporates a powerful tool to
On 4 August 2026, the Financial Conduct Authority (FCA) published a new web page providing information for regulated firms on how physical risks from climate change, such as flooding, may impact the property insurance and mortgage markets and how the FCA can help.
Among other things the FCA’s web page notes that the
On 30 July 2026, there was published in the Official Journal of the EU (OJ), Commission Delegated Regulation (EU) 2026/910 of 24 April 2026 supplementing Regulation (EU) 2024/3005 of the European Parliament and of the Council with regard to fees charged by the European Securities and Markets Authority to ESG rating providers. The
On 30 July 2026, there was published in the Official Journal of the EU (OJ), Commission Delegated Regulation (EU) 2026/904 of 24 April 2026 supplementing Regulation (EU) 2024/3005 of the European Parliament and of the Council with regard to rules of procedure on fines and periodic penalty payments imposed to ESG rating providers
On 1 July 2026, the European Banking Authority (EBA) published a discussion paper on certain Taxonomy key performance indicators (KPIs) and other aspects of the Disclosures Delegated Act (Commission Delegated Regulation (EU) 2021/2178) under Article 8 of the Taxonomy Regulation.
Background
Earlier this year, the European Commission (Commission) called
On 1 July 2026, the European Securities and Markets Authority (ESMA) published a consultation paper on technical advice on selected key performance indicators (KPIs) under the Disclosures Delegated Act (Commission Delegated Regulation (EU) 2021/2178).
Background
Earlier this year the European Commission (Commission) invited the European Supervisory Authorities to provide
On 1 July 2026, the European Securities and Markets Authority (ESMA) issued a Public Statement regarding the publication or distribution of ESG ratings by third parties in the period from 2 July 2026 until authorisation, recognition or registration of ESG rating providers.
The Public Statement concerns Article 2(2) of Regulation (EU) 2024/3005 (the
On 19 June 2026, the General Secretariat of the Council issued an ‘I’ Item Note to the Permanent Representatives Committee setting out its negotiating mandate on the proposed Regulation amending the proposed Regulation amending the Regulation on sustainability-related disclosures in the financial services sector (SFDR) and the Regulation on key information documents for packaged retail