ESMA to work on ESG disclosures as a new union strategic supervisory priority
ESMA Guidelines and Recommendations
Date:
01 November 2022
On 27 October 2022, the European Securities and Markets Authority (ESMA) changed its Union Strategic Supervisory Priorities (USSPs) to include ESG disclosures alongside market data quality. The new priority of ESG disclosures replaces costs and performance for retail investment products and represents an important step in the implementation of the ESMA Strategy, which gives a prominent role to sustainable finance.