ESMA Submits Report on Sustainability Risks and Factors in the AIFMD and UCITS Directive
Published 30 April 2019
Category: Financial Regulation
On 30 April 2019, the European Securities and Markets Authority (ESMA) published its final report on integrating sustainability risks and factors relating to environmental, social and good governance considerations in the Alternative Investment Fund Managers Directive (AIFMD) and UCITS Directive.
Next Steps: ESMA’s technical advice shall form the basis of potential amendments to or introduction of delegated acts under AIFMD and the UCITS Directive. ESMA will cooperate closely with the Commission to have the technical advice transformed into formal delegated acts.
See the ESMA report here.
Tags: AIFMDESMAGovernanceRegulatory Technical StandardsRisk ManagementSustainability