ESMA_QA_2806
18/03/2026
Subject Matter
Exemption for ESG ratings issued by regulated financial undertakings for internal purposes or in-house/intragroup services
Original question
What types of activities are considered “internal purposes” or “in-house” or “intragroup financial services or products” for the purposes of Article 2(2)(b)?
Status: Forwarded to EC/Public Consultation/Other
Additional Information
Level 1 Regulation
ESGR - Regulation (EU) 2024/3005
Topic
Scope (including exemptions)