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
On 24 June 2026, the Council of the EU issued a press release stating that it had agreed its negotiating position on an updated sustainability transparency framework for financial products sold in the EU.
On 20 November 2025, the European Commission submitted to the Council and the European Parliament a proposal for a Regulation amending
3 May – 3 June 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
On 22 June 2026, the European Banking Authority (EBA) issued a final report containing final draft implementing technical standards (ITS) amending Commission Implementing Regulation (EU) 2024/3172, as regards the disclosures on ESG risks, equity exposures and the aggregate exposure to shadow banking entities.
Background
Regulation (EU) 2024/1623 amending the Capital Requirements
On 27 May 2026, the EU Platform on Sustainable Finance (EU Platform) published its response to the European Commission’s consultation on the Environmental and Climate Delegated Acts. In addition to its main briefing the EU Platform has published two annexes, one for each Delegated Act, setting out the specific recommendations for both substantial
3 April – 3 May 2026
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
On 26 May 2026, the European Commission (Commission) adopted a Commission Delegated Regulation supplementing Regulation (EU) 2024/3005 (the ESG Rating Regulation) with regard to regulatory technical standards specifying the information to be included in the application for authorisation as an ESG rating provider and in the application for recognition of an ESG