Regulatory Alerts2025-10-15
Final Report on Technical Standards under the Regulation on the transparency and integrity of Environmental, Social and Governance (ESG) rating activities
The European Securities and Markets Authority (ESMA) has finalized three Regulatory Technical Standards to facilitate the implementation of the EU Regulation on ESG rating activities. These standards address applications for authorization and recognition, the separation of business activities, and public disclosures, incorporating revisions to reduce regulatory burden based on stakeholder feedback. ESMA has submitted these draft technical standards to the European Commission for adoption via Delegated Regulation, subject to non-objection by the European Parliament and Council.
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