Article summary
The Association for Financial Markets in Europe (AFME) has welcomed the sustainable finance package recently published by the European Commission. The package, which includes a legislative proposal for the regulation of environmental, social, and governance (ESG) ratings providers, a final Delegated Act for additional environmental criteria and expansions to the EU taxonomy, a communication taking stock of progress in the EU sustainable finance regulatory framework, a staff working document on the usability of the EU taxonomy and a recommendation on transition finance.
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