ESMA provides an update on the status of its guidelines on ESG and sustainability-related terms in fund names, including details on the timing of their publication. ESMA has decided to postpone the adoption of the Guidelines to ensure that the outcome of these reviews may be fully considered.

It is the first CSA for ESMA in its role as a direct supervisor of Benchmarks Administrators. The CSA will focus on supervised benchmarks administrators, located either in the Union or in a third country, that have acquired an authorisation, registration, recognition or endorsement of their benchmarks under the BMR.  The goal of the CSA will be to assess compliance of the supervised Benchmarks Administrators with the ESG disclosure requirements in the BMR.

ESMA contributes to the transition towards a more sustainable economy in line with the European Green Deal and global efforts to address the climate crisis.

The ESAs published their Final Report amending the draft RTS to the Delegated Regulation supplementing the Sustainable Finance Disclosure Regulation (SFDR). The ESAs propose adding new social indicators and streamlining the framework for the disclosure of principal adverse impacts of investment decisions on the environment and society.

ESMA will focus on strengthening supervision, enhancing the protection of retail investors, fostering effective markets and financial stability, enabling sustainable finance, as well as facilitating technological innovation and effective use of data.