On 6 May 2026, the European Securities and Markets Authority (ESMA) issued a public statement presenting the results of its Common Supervisory Action (CSA) on MiFID II sustainability aspects.
The statement summarises the results of the CSA, it highlights the key themes emerged from the work and, in this context, it
On 4 May 2026, the European Parliament’s Economic and Monetary Affairs Committee issued a draft report on the European Commission’s proposal for a Regulation amending Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR), Regulation (EU) No 1286/2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs) and repealing
On 29 April 2026, the European Securities and Markets Authority (ESMA) issued a consultation on draft guidelines on endorsement under the ESG Ratings Regulation.
The purpose of the draft guidelines is to ensure that ESG rating providers understand ESMA’s expectations in respect of the application of Article 11(1) of the ESG Ratings Regulation.
On 21 April 2026, the European Commission adopted a draft Commission Delegated Regulation supplementing Regulation 2024/3005 (ESG rating Regulation) with regard to regulatory technical standards (RTS) specifying the elements of ESG rating products to be disclosed to the public and to users of ESG ratings, rated items and issuers of rated
On 21 April 2026, the European Commission adopted a draft Commission Delegated Regulation supplementing Regulation 2024/3005 (ESG rating Regulation) with regard to regulatory technical standards specifying the measures and safeguards to be implemented by ESG rating providers to separate their ESG rating activities from their other activities.
The structure of the draft Commission
3 March – 3 April 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 23 March 2026, the Financial Conduct Authority (FCA) published a new webpage to help firms get ready for the new rule and guidance to tackle non-financial misconduct (NFM), explaining what firms should do before the changes come into effect on 1 September 2026.
The webpage states that NFM includes behaviour
BaFin has announced immediate changes to its administrative practice for attributing and disclosing voting rights. Although this change might lead to greater certainty for ESG collaborative engagement firms will still need to consider the implications for their ESG collaboration among institutional investors and review their internal policies and procedures.
By way of background, institutional
On 17 March 2026, the European Commission announced that it was seeking feedback on possible revisions to the criteria of the EU taxonomy in order to make the framework simpler and easier to use. As such the objectives being pursued under the review are the same as those for the Omnibus package, namely, to simplify