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Sustainable Finance Update – Recent Investment Funds Related Developments
AUTHOR(S): Tara Doyle, Liam Collins, Dualta Counihan, Philip Lovegrove, Shay Lydon, Oisin McClenaghan, Donal O’Byrne, Barry O’Connor, Michelle Ridge
PRACTICE AREA GROUP: Asset Management and Investment Funds
Despite disruption to work programmes wrought by the COVID-19 pandemic, the EU institutions are pressing ahead with sustainable finance initiatives as a priority and there has been a number of significant developments in the past quarter. These include the adoption by the Council of the EU and the European Parliament of the Taxonomy Regulation, the European Supervisory Authorities’ consultation on regulatory technical standards under the Sustainable Finance Disclosures Regulation and the publication by the European Commission of Level 2 measures under the UCITS Directive and the AIFMD addressing the integration of sustainability factors. Read more.