ESMA Premises, 103, rue de Grenelle, 75007 Paris - France
The hearing will take place at ESMA premises at: 103, rue de Grenelle, 75007 Paris - France.
PLEASE NOTE: THIS HEARING IS FULLY BOOKED.
ESMA will provide a recording of the hearing once completed.
The European Securities and Markets Authority (ESMA) will hold an open hearing on the following consultation papers:
- Consultation on integrating sustainability risks and factors in MiFID II
- Consultation on integrating sustainability risks and factors in the UCITS Directive and AIFMD
- Consulation on Disclosure Requirements Applicable to Credit Ratings
ESMA's three public consultations on sustainable finance initiatives to support the European Commission’s (EC) Sustainability Action Plan in the areas of securities trading, investment funds and credit rating agencies (CRAs).
The first two consultations seek stakeholders’ input on draft technical advice for the integration of sustainability risks and factors into the Markets in Financial Instruments Directive II (MiFID II) (securities trading) and the Alternative Investment Fund Managers Directive (AIFMD) and the Undertakings in Collective Investment in Transferable Securities (UCITS) Directive (investment funds). While the third consults on CRA guidelines aimed at improving the quality and consistency of disclosures of environmental, social and governance (ESG) factors when considered as part of a credit rating action.
The consultations focus on environmental, social and good governance considerations with regards to investment firms, investment funds and CRAs. The draft advice and proposed guidelines touch upon organisational requirements, operating conditions, risk management, conflicts of interest, product governance and disclosure requirements.
In addition, the hearing will also gather feedback on short-termism and on users' information needs with respect to corporate reporting in the context of sustainable finance.
|19/12/2018||ESMA34-45-569||Consultation paper on integrating sustainability risks and factors in the UCITS Directive and AIFMD||Downloadpdf, 461.04 KB|
|19/12/2018||ESMA35-43-1210||Consultation paper on integrating sustainability risks and factors in MiFID II||Downloadpdf, 494.66 KB|
|19/12/2018||ESMA 33-9-290||Consulation Paper on Disclosure Requirements Applicable to Credit Ratings||Downloadpdf, 519.77 KB|
|22/01/2019||esma22-105-661||Agenda for open hearing on sustainable finance||Downloadpdf, 129.47 KB|