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ARTICLE · 01 AUGUST 2024

ESMA's Long-term Vision On The Functioning Of The Sustainable Finance Framework

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A few weeks after the publication of the European Supervisory Authorities' (the "ESAs") joint opinion on the Sustainable Finance Disclosure Regulation (the "SFDR")...

LuxembourgFinance and Banking
Aurélien Hollard
Aurélien Hollard
Julie Pelcé
Julie Pelcé
Clémence Richard
Clémence Richard
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A few weeks after the publication of the European Supervisory Authorities' (the “ESAs”) joint opinion on the Sustainable Finance Disclosure Regulation (the “SFDR”)1, the European Securities and Markets Authority (“ESMA”) published, on 24 July 2024, an  opinion reflecting its long-term vision on the Sustainable Finance Regulatory Framework (the “Opinion”).

The Opinion provides suggestions, proposals for amendments and insights on the current challenges of the regulatory framework applicable to sustainable finance (the “Framework”). According to ESMA, the Framework aims to ensure that financial systems can support sustainability and the transition, and promote interoperability at EU level.

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