Search Results for Sustainable finance

Press release 22/24

Update March 2024

Presse release 23/15

The FAQs aim at providing further clarity on aspects of Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial sector (SFDR).
Version 4

ESMA22-105-1052

Reminder of the deadline of 1 January 2022 for certain updates of UCITS and AIFs pre-contractual documents related to the transparency of environmentally sustainable investments in pre-contractual disclosures in relation to the environmental objectives of climate change mitigation and climate change adaptation and the use of templates under draft SFDR Regulatory Technical Standards.

Press release 21/20

In a context marked by the COVID-19 pandemic, Brexit and the accelerated move towards a more sustainable finance, the Commission de Surveillance du Secteur Financier (CSSF), continued its mission in 2020 to ensure the stability of the financial sector and the protection of investors and savers.

In this interview, he comments on:

• the impact of COVID-19 on the Luxembourg banking sector
• the cybcercrime threat
• the growing interest for cryptocurrencies
• the development of sustainable finance
• the arrival of Facebook, Google and others on the financial market

relating to:

1° implementation of Regulation (EU) 2023/606 of the European Parliament and of the Council of 15 March 2023 amending Regulation (EU) 2015/760 as regards the requirements pertaining to the investment policies and operating conditions of European long-term investment funds and the scope of eligible investment assets, the portfolio composition and diversification requirements and the borrowing of cash and other fund rules;

2° implementation of Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets, and amending Regulations (EU) No 1093/2010 and (EU) No 1095/2010 and Directives 2013/36/EU and (EU) 2019/1937;

3° implementation of Regulation (EU) 2023/1113 of the European Parliament and of the Council of 31 May 2023 on information accompanying transfers of funds and certain crypto-assets and amending Directive (EU) 2015/849;

4° transposition of Article 38 of Regulation (EU) 2023/1113 of the European Parliament and of the Council of 31 May 2023 on information accompanying transfers of funds and certain crypto-assets and amending Directive (EU) 2015/849;

5° implementation of Regulation (EU) 2023/2631 of the European Parliament and of the Council of 22 November 2023 on European Green Bonds and optional disclosures for bonds marketed as environmentally sustainable and for sustainability-linked bonds;

6° modification of: a) the Law of 16 July 2019 on the operationalisation of European regulations in the area of financial services, as amended;b) the Law of 5 April 1993 on the financial sector, as amended; c) the Law of 23 December 1998 establishing a financial sector supervisory commission, as amended;d) the Law of 12 November 2004 on the fight against money laundering and and terrorist financing, as amended; e) the Law of 10 November 2009 on payment services, as amended;f) the Law of 7 December 2015 on the insurance sector, as amended.

on European Green Bonds and optional disclosures for bonds marketed as environmentally sustainable and for sustainability-linked bonds (Text with EEA relevance)