The European financial sector was the first to implement hard and fast rules in respect of ESG, with the introduction of the Sustainable Finance Disclosure Regulation (SFDR) and the Taxonomy Regulation. For financial institutions, specific requirements therefore apply in addition to the general ESG topics. ESG transparency requirements will continue to develop and are there to stay. SFDR and Taxonomy will become core to documentation for financial products.
It is not only transparence. The EU, Dutch and Belgian financial regulators have put climate risk related supervision at the top of their agenda, also leading to the inclusion of ESG and climate risk topics in ongoing, governance and prudential supervision. We can help you on the following topics.