On May 7, the European Commission (Commission) published its consultation on a draft Delegated Regulation expanding Article 8 of the Taxonomy Regulation ((EU) 2020/852) by specifying the disclosure obligations associated with environmentally sustainable economic activities relating to large corporations.
Continue Reading ESG: European Commission Consults on Draft Delegated Regulation of Disclosure Obligations Under Taxonomy Regulation
EU Taxonomy
Taxonomy Regulation Published in the Official Journal of the EU
Posted in EU Developments, Financial Markets
On June 22, the Taxonomy Regulation was published in the Official Journal of the European Union and it will go into effect on July 12, 2020.
Continue Reading Taxonomy Regulation Published in the Official Journal of the EU
European Commission Publishes FAQs on Taxonomy Regulation
Posted in EU Developments, Financial Markets
On June 10, the European Commission published a set of FAQs in relation to its work and that of the EU Technical Expert Group (TEG) on sustainable finance on EU Taxonomy and the EU green bond standard (the FAQs).
The FAQs are available here.