ESMA News

Taxonomy-related product disclosures. Public event on the European Supervisory Authorities consultation

During this public event, the European Supervisory Authorities will present their proposals and open a dialogue with stakeholders on draft Regulatory Technical Standards (RTS) on the content and presentation of product disclosures (covered by the Taxonomy Regulation) imposing additional rules for the subset of financial products that make sustainable investments with environmental objectives under the Sustainable Finance Disclosure Regulation (SFDR). The ESAs have proposed RTS that would amend their 4 February 2021 general RTS under SFDR in a consultation paper. The consultation paper contains proposals on how and to what extent activities funded by the product are taxonomy-aligned.

The public hearing will be of interest to stakeholders affected by the additional taxonomy-related product disclosures, in particular financial market participants, their representative associations, environmental associations, investor representatives or consumer bodies, and consultants or academics and representatives from the EU and national institutions. The public hearing is to be held in the afternoon of 29 April and will be organised as an on-line webinar.

Registration

The ESAs invite interested stakeholders to register by 26 April using the form below. Participants will be able to join the webinar on-line or by dialling in. Due to technical limitations of the on-line webinar environment, there are limited number of places available. Places will be allocated on a first come first serve basis. Please note that participation will be limited to two participants per organisation to ensure diversity in the participation.

The agenda for the hearing will be released closer to the date of the hearing and will cover the scope, approach and content of the consultation paper.

Original Article Here

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