Disclosures on Sustainability
In March 2019, the EU Regulation on sustainability-related disclosures in the financial services sector was politically agreed. This cepAdhoc gives an overview of its main elements and assesses them.
The EU Regulation creates legal uncertainty. This is the verdict reached by cep's financial market experts in their assessment. From their point of view, several disclosure rules are imprecise, so it is unclear whether they only contain a general disclosure obligation or an effective obligation for financial market participants to include sustainability issues.