09 Apr, 2024 EU Banking Package: Redlines of CRR and CRD By Kathrin Hafner The EU Banking Package is on the brink of completion, signalling a significant step forward in fortifying the robustness of EU banks. The...
07 Jul, 2023 Germany: BaFin aims to tackle greenwashing with its new Sustainable Finance Strategy By Kathrin Hafner Dr Frederik Winter The German Federal Financial Supervisory Authority BaFin has developed a new Sustainable Finance Strategy aimed at supporting the...
25 Oct, 2022 EU: Austria files legal challenge in CJEU against the Commission for inclusion of nuclear and natural gas in the Taxonomy By Julia Voskoboinikova The EU Taxonomy Complementary Climate Delegated Act covering certain nuclear and natural gas activities came into force on 4 August 2022...
12 Sep, 2022 Germany: BaFin publishes Q&As on SFDR to clarify outstanding application issues By Kathrin Hafner Roman Hoeck Nicola Zeibig In addition to the Q&As on the EU Sustainable Finance Disclosure Regulation (Regulation (EU) 2019/2088 – SFDR) published by the EU...
20 Jun, 2022 Basel Committee issues principles for the effective management and supervision of climate-related financial risks for banks worldwide By Kim Rybarczyk Kathrin Hafner After a consultation in November 2021, the Basel Committee has now issued its final principles for the effective management and...
02 Feb, 2022 EBA finalises rules on climate risk disclosures for banks By Kathrin Hafner In addition to the disclosure obligations under the Taxonomy Regulation ((EU) 2020/852 – Taxonomy), the Non-Financial-Reporting Directive...
01 Nov, 2021 EU Banking Package 2021: Commission publishes proposals to integrate ESG risks in the EU prudential framework By Kathrin Hafner Under the European Green Deal, the financial system has an important role to play in supporting the long-term transition to sustainable...