argomento: News del mese - Diritto Internazionale e Comunitario

Articoli Correlati: finance - sustainability - greenwashing

On April 26, 2022, the European Commission published the regulatory technical standards that financial market participants must use when disclosing sustainability information. On April 6, 2022, the European Commission defined in a draft delegated regulation the regulatory technical standards (“RTS”) that financial market operators must use when disclosing information relating to sustainability pursuant to the Disclosure Regulation or “SFDR” no. . 2019/2088 and of the Taxonomy Regulation n. 2020/852. RTSs are of fundamental importance as they provide financial market operators (from banks, funds, investment companies to insurance companies and financial advisors) models and formats, indicators, metrics and methodologies to make ESG disclosure in documentation pre-contractual (Chapter III) and periodic (Chapter V) of financial products, which promote (article 8 of the SFDR) or which pursue sustainability objectives (article 9 of the SFDR) as well as in relation to the policies of the operators who evaluate (or who do not evaluate) the negative impacts that investment activities produce on ESG factors (Chapter II). As a result, these standards will help assess the sustainability performance of financial products, help strengthen investor protection and reduce greenwashing.