ARTICLE · 15 JULY 2020

Sustainable Finance Update – Recent Investment Funds Related Developments

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Despite disruption to work programmes wrought by the COVID-19 pandemic, the EU institutions are pressing ahead with sustainable finance initiatives as a priority...

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Michael Jackson

Dualta Counihan

Anne-Marie Bohan

Philip Lovegrove

Elizabeth Grace

Oisin McClenaghan

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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 ("Council") and the European Parliament of the Taxonomy Regulation, the European Supervisory Authorities' ("ESAs") consultation on regulatory technical standards ("RTS") under the Sustainable Finance Disclosures Regulation ("SFDR") and the publication by the European Commission ("Commission") of Level 2 measures under the UCITS Directive and the AIFMD addressing the integration of sustainability factors.

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