20 October 2022

EBA responds to EC's proposed amendments to draft disclosure standard

The European Banking Authority (EBA) has published an opinion on the European Commission’s proposed amendments to the final draft of the Implementing Technical Standards (ITS), an ESG disclosure standard for banks.

EBA said it accepted the recommendations for practical amendments to ensure more proportionality but insists institutions should make every effort to disclose relevant information.

Full announcement

Companies: 
EBAEC