VideoESG And Sustainable Finance (Video)ESG and sustainable finance are under the spotlight.LuxembourgFinance and BankingArendt & Medernach
ArticleNew Luxembourg Climate Initiative For Sustainable DevelopmentElvinger Hoss Prussen is proud to be part of the government's initiative to reinforce Luxembourg's climate action under the Paris agreement and the sustainable development goals.LuxembourgEnvironmentELVINGER HOSS PRUSSEN, société anonyme
ArticleThe European Climate Law And The "Fit For 55" PackageRegulation (EU) 2021/1119 or the "European Climate Law", a landmark text writing into law the EU's commitment to reaching climate neutrality by 2050, entered into force on 29 July 2021.European UnionEnvironmentELVINGER HOSS PRUSSEN, société anonyme
ArticleRegulation Amending The Benchmarks Regulation PublishedPlease see below for more detail on the main amendments to the Benchmarks Regulation introduced by the Amending Regulation and first described in our newsflash published on 15 April 2019:LuxembourgEnvironmentArendt & Medernach
ArticleBenchmarks Regulation: Upcoming AmendmentThe European Parliament has recently reached a political agreement with the European Council and European Commission regarding the proposal LuxembourgFinance and BankingArendt & Medernach
ArticleESG - Sustainable Finance UpdateIn its letter of 25 November 2021 , the EU Commission informed the EU Parliament and the Council that it would not be able to adopt the SFDR/Taxonomy level 2 Regulatory Technical Standards...LuxembourgFinance and BankingELVINGER HOSS PRUSSEN, société anonyme
ArticleSnapshot: Luxembourg Green Exchange Expands To Climate-Aligned IssuersIn an effort to tackle the current climate change crisis, Luxembourg was the first jurisdiction in the world to launch a fully dedicated green securities exchange in September 2016...LuxembourgFinance and BankingOgier
ArticleESG In The Insurance Sector - Update On Climate Change Materiality Assessments And Climate Change Scenarios In The ORSAThe Application Guidance follows up on the Opinion on the supervision of the use of climate change risk scenarios in the ORSA (the "Opinion") that EIOPA published in April 2021.LuxembourgInsuranceArendt & Medernach
ArticleESG In The Insurance Sector - CAA Update On Implementation Of Climate Change Risk Scenarios In The ORSAOn 10 October 2023, the Commissariat aux Assurances (CAA) released Information Note 23/9 ("Information Note 23/9") communicating its follow-up on the implementation of climate change...LuxembourgEnvironmentArendt & Medernach
ArticleSFDR UpdateIn a letter dated 8 July 2021 , the EU Commission indicated that it will defer the application date of the SFDR level 2 Regulatory Technical Standards ("RTS") by six months from 1 January 2022 to 1 July 2022.European UnionEnvironmentELVINGER HOSS PRUSSEN, société anonyme
ArticleSustainable Finance UpdateIn a letter dated 8 July 2021 , the EU Commission indicated that it will defer the application date of the SFDR level 2 Regulatory Technical Standards ("RTS") by six months from 1 January 2022 to 1 July 2022.European UnionEnvironmentELVINGER HOSS PRUSSEN, société anonyme
ArticleSFDR/Sustainable Finance UpdateIn a letter dated 8 July 2021 , the EU Commission indicated that it will defer the application date of the SFDR level 2 Regulatory Technical Standards ("RTS") by six months from 1 January 2022 to 1 July 2022.European UnionFinance and BankingELVINGER HOSS PRUSSEN, société anonyme
ArticleSustainability In The Intellectual Property Life CycleTo cultivate the right perception, it is necessary to demonstrate sustainable operations through reporting, decision-making and marketing.LuxembourgEnvironmentDennemeyer & Associates S.A.
ArticleSustainable Finance Update (Asset Management): CSSF Announces Fast Track Procedure For Taxonomy Regulation Compliance By 1 January 2022The CSSF announced in its communication (available here ) published on 2 December 2021 that it has put in place a fast track procedure to facilitate compliance with the taxonomy-related disclosure...LuxembourgEnvironmentELVINGER HOSS PRUSSEN, société anonyme
ArticleESG In The Insurance Sector - CAA Follow-up On Inclusion Of Climate Change Risk Scenarios In ORSAThe CAA expects to see a more in-depth approach to the integration of climate change risks in the upcoming ORSA reports,..LuxembourgInsuranceArendt & Medernach
ArticleCSSF Communiqués Of 29 November And 2 December 2021 - Prepare For A Green Holiday SeasonThe EU Regulation on the establishment of a framework to facilitate sustainable investment (the "Taxonomy Regulation") was published in the Official Journal on 22 June 2020. LuxembourgEnvironmentNautaDutilh Avocats Luxembourg
ArticleESG UpdateEU institutions continue to shape the EU regulatory environment in the ESG field. Through the so-called "April Package " published on 21 April 2021, significant progress was made on standard-setting and reporting on sustainability ...European UnionCorporate/Commercial LawELVINGER HOSS PRUSSEN, société anonyme
ArticleRecent Publication Of Directive 2024/825 On Empowering Consumers For The Green TransitionFollowing its adoption on 28 February 2024, the new Directive 2024/825 has now been published (the Directive). The adoption of the Directive aims...LuxembourgEnvironmentCMS Luxembourg
ArticleEU Sustainable Finance Explained – TaxonomyWhat does the proposed EU Taxonomy mean? And more importantly, what might it mean for the sector in which you are doing business?European UnionFinance and BankingKPMG Luxembourg