All European Commission articles – Page 11
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EU negotiators agree on sustainability taxonomy, approval still needed
Efama calls for action on corporate reporting given investor disclosure requirements
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Dutch pension fund body sets out stall on CMU agenda
Wishlist includes improvements regarding withholding tax, insolvency regimes and non-financial corporate reporting
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ECJ ruling could further erode EU dividend tax obstacles
PensionsEurope warns it could take years before pension funds can benefit
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ESG roundup: EU benchmarks, disclosure regs get final rubber stamp
Plus: GPIF forges ahead with additional green bond partnership
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Capital Markets Union wishlists presented as new Commission awaited
Expert group established by trio of member states argues for next CMU phase to focus on citizens’ needs
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Investors warn EC over timeline for sustainable disclosure rules
PensionsEurope, EFAMA and others have called for a later application date but EC official says financial entities have had time to adapt to new requirements
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EC tenders studies to advance sustainable finance action plan
The European Commission wants to conduct studies looking into sustainability-related products and services, and the integration of ESG risks by EU banks
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Ex-regulator boss brings FX rigging lawsuit against five banks
Former chair of the Pensions Regulator Michael O’Higgins is leading efforts to secure compensation from five banks fined more than €1bn in May over two FX cartels
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ESMA advises against explicit ESG analysis mandate for credit rating agencies
Watchdog says credit rating agencies should stay focused on creditworthiness, but transparency of how they consider ESG factors could be improved to help investors
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EC sustainable finance approach ‘could expose EU to legal risk’
Think tank argues that a confused understanding of sustainable investment ‘spoils’ the Commission’s package of measures to engage finance in the fight against climate change
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Italian, UK institutional investors back private debt funds
Italian banking sector pension fund and others join European Investment Fund in backing Anthilia BIT III; Merseyside LGPS fund invests £30m with Funding Circle
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Expert group releases climate taxonomy proposal
EC publishes guidelines for corporate reporting of climate-related information alongside three expert group reports on big day for the Commission’s sustainable finance plan
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Romanian government eases grip on second-pillar system
Crippling capital requirements on providers have been defused significantly, and the industry sees a “chance for survival”
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Five banks hit with €1bn in fines after ‘banana split’ FX cartel uncovered
Barclays, the Royal Bank of Scotland, Citigroup, JPMorgan, UBS and MUFG Bank fined by European Commission over ‘Banana Split’ and ‘Essex Express’ cartels
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ESMA: ‘We need to be more nuanced about sustainability’
Sustainability is about more than a binary choice between ‘brown’ and ‘green’ assets, says Europe’s top financial regulator
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Hedge funds warn regulators over ineffective ESG regulation
AIMA argues scope of regulation must include corporate disclosure
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Commission launches infringement action against 17 states over IORP II
Proceedings launched for “non-communication” of transposition measures after January deadline
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Moody’s: PEPP rollout to boost insurers and ESG-focused managers
New cross-border product will open up markets for managers and pension providers, rating agency says
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European Parliament gives green light to PEPP framework
Portable personal pension products to have cost cap and multiple investment options
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European Parliament agrees stance on sustainability taxonomy
EU member states now need to adopt their final position on definitions for sustainable finance plans