Archive

EU supervisors estimate trillions in losses from 'run on brown' assets

European financial institutions stood to lose trillions of euros from a 'run on brown' assets, financial supervisors estimated in a first-of-its-kind stress test - but the financial impacts of climate-related "transition risks alone are unlikely to threaten financial stability".

Gaps remain despite progress on PAI reporting, as regulators told to step up scrutiny

Gaps remain in financial institutions' reporting of the 'principal adverse impacts' (PAIs) of investments, and despite gradual improvements in some areas EU regulators were told to "increasingly challenge" investors on their reporting.

Regulators seek to overcome PAI challenges in SFDR Q&A

EU regulators pitch SFDR 'sustainability scale' and 'transition' category

EU regulators have suggested creating a category for 'transition investment' and a scale by which the relative sustainability of investments can be judged in an opinion on the review of the EU Sustainable Finance Disclosure Regulation.

European regulators make recommendations in greenwashing reports

The EU's three principal financial services regulators have called for enhanced supervision and improved market practice on sustainability-related claims in new reports on greenwashing in the financial sector.

EU pension fund investments are 4.5% aligned with taxonomy, EIOPA says

Regulators open consultation on free EU database

EIOPA proposes capital charges on fossil fuel assets

Fossil fuel-related stocks and bonds pose higher market risks to insurers that could be mitigated via additional capital charges on these assets, the European Insurance and Occupational Pensions Authority (EIOPA) has suggested.

EIOPA proposes four principles to prevent greenwashing in insurance

The European Insurance and Occupational Pensions Authority (EIOPA) has today opened a consultation on its draft opinion on sustainability claims and greenwashing.

Financial institution SFDR reports fail to explain adverse impacts, regulators say

Financial institutions need to improve how they explain why they do not consider the adverse impacts of their investment decisions, EU regulators have said.