EBA/EIOPA/ESMA: Opinion on the assessment of the SFDR
In this Opinion, the ESAs focus on ways to introduce simple and clear categories for financial products. The simplifications consist of two voluntary product categories, “sustainable” and “transition”, that financial market participants should use to ensure consumers understand the purpose of the products. The rules for the categories should have a clear objective and criteria to reduce greenwashing risks. The ESAs recommend that the EC consider the introduction of a sustainability indicator that would grade financial products such as investment funds, life insurance and pension products. Other areas covered by the Opinion include: appropriate disclosures for products outside the two categories to reduce greenwashing; improvements to the definition of sustainable investments; simplification to the way disclosures are presented to investors.
Last updated · 13 Mar 2026
Regulatory News - ESG – Environmental, social and governance
See allECB: Speech by Frank Elderson: Nature in decline, economy on the line – the importance of international cooperation for managing nature-related risks
Text of Frank Elderson’s speech of 9 March 2026 follows.
ESMA: Speech by Verena Ross
Text of Verena Ross’s speech of 5 March 2026 has now been published. Topics include: AI; cryptoassets; sustainable finance; T+1.
EC: Taxonomy Regulation – technical advice
DG FISMA has invited the ESAs to develop technical advice in order to inform the review of the Disclosures Delegated Act under the Taxonomy Regulation.