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ARTICLE · 05 DECEMBER 2023

EU Green Bond Regulation Published In Official Journal: Key Points For Issuers

The EU Green Bond Regulation was published in the Official Journal on 30 November 2023 (Regulation (EU) 2023/2631).

European UnionFinance and Banking

The EU Green Bond Regulation was published in the Official Journal on 30 November 2023 (Regulation (EU) 2023/2631).

The key provisions of the Regulation are summarised in our June 2023 briefing here.

21 December 2024

The Regulation will be directly effective in Ireland from 21 December 2024.

Domestic Irish regulations will be needed regarding administrative penalties and other appropriate administrative measures for breaches of the Regulation.

Transitional Period

There will be a transitional period to facilitate the provision of services by external reviewers (ERs) while ESMA is putting its registration and supervision framework in place (that period will run from 21 December 2024 to 21 June 2026).

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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