Memo #
33459

Materials for the Call on the ESAs' Consultation on Taxonomy Article 8 & 9 Product Disclosure RTS - 15 April, at 16:00 BST/17:00 CET

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[33459]

April 14, 2021

TO: ESG Task Force
EU ESG Disclosure Regulation Working Group RE: Materials for the Call on the ESAs' Consultation on Taxonomy Article 8 & 9 product disclosure RTS - 15 April, at 16:00 BST/17:00 CET

 

Ahead of the call on 15 April, at 16:00 BST/17:00 CET, to discuss our response to the ESAs' Consultation on Taxonomy Article 8 & 9 product disclosure Regulatory Technical Standards (RTS),  attached are the following materials:

  • A memorandum that overviews the Consultation with a particular focus on the proposed requirements for Taxonomy-alignment calculations and the accompanying narrative disclosures.
  • A document that includes 12 questions the ESAs posed in this Consultation (excerpted from the Consultation).
  • A link to the full consultation document is here.

During the call, I anticipate that we will discuss the following aspects related to our potential response (and any additional input is welcome):

  • Compliance dates for the SFDR RTS and the Taxonomy RTS, and the Non-Financial Reporting Directive (NFRD)
  • Single rulebook approach by the ESAs (i.e., amending the SFDR RTS, including the templates, to incorporate the Taxonomy RTS)
  • Formula for calculating Taxonomy-aligned investments (KPI)
  • New narrative disclosures.

Please do not hesitate to contact me if you have any questions, or with any suggestions/comments.  If you would like to join the call but you did not receive a calendar invitation with Zoom details, please email me at adriggs@ici.org.

 

Anna Driggs
Director and Associate Chief Counsel
ICI Global

 

Attachment No. 1

Attachment No. 2