Click HERE to find out ⭐ ESMA Initiates Call for Evidence on Digital Finance. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
<p><span>On May 21, ISDA, the Futures Industry Association (FIA) and the FIA European Principal Traders Association submitted a joint response to the European Commission (EC) questionnaire on the review of the three European Supervisory Authorities (ESAs) – the European Banking Authority, the European Insurance and Occupational Pensions Authority, and the European Securities and Markets Authority.</span></p>
ISDA Responds To ESAs On Taxonomy-Related Sustainability Disclosures Date
19/05/2021
On May 12, 2021, ISDA responded to question four of a joint consultation paper by European Supervisory Authorities on taxonomy-related sustainability disclosures. ISDA recommends the inclusion of derivatives in the proposed key performance indicators (KPIs) for disclosing the extent to which investments are aligned with the taxonomy, but only where they are used to attain the environmental or social characteristics promoted by the financial product or the sustainable investment objective of the financial product. Additionally, ISDA suggests this approach should be applied consistently across all relevant calculation KPIs in respect of Non-Financial Reporting Directive entity reporting under article 8 of the Taxonomy Regulation, as differing interpretations could create investor confusion, result in fragmented outcomes and minimize the potential for evolution of risk management practices in th
EFAMA hits out on SFDR implementation timeline and data issues
European asset management association responds to joint European Supervisory Authorities (ESAs) consultation on taxonomy-related sustainability disclosures in SFDR.