After the European Banking Authority (EBA) last December(see EUROPE B12385A8), it is now the turn of the European Securities and Markets Authority (ESMA) to unveil, on Thursday 6 February, its strategy for sustainable finance. This document details how ESMA intends to integrate environmental, social and governance (ESG) factors into its work.
Its priorities include transparency requirements, risk analysis of green bonds, and convergence of national supervisory practices on ESG factors, with...