Maria Luís Albuquerque, European Commissioner for Financial Services, did her best to defend the proposed revision of the taxonomy to the European Parliament’s Committees on Economic and Monetary Affairs (ECON) and Environment, Climate and Food Safety (ENVI) on Monday 6 October.
Presented in July (see EUROPE B13674A19), the delegated act is expected to reduce the reporting requirements for companies.
“In our view, we have respected the result of such consultation and came out with a...