Since the adoption of the Paris Climate Targets respectively the UN Sustainable Development Goals in 2015, financial investors are successively involved in the measures e.g. to reduce global warming. In this context, new investments are to be steered towards sustainable investments in a targeted manner. As a prerequisite, however, there are still a number of unresolved issues to be clarified, e.g. with regard to the classification of sustainable business and the consideration of customer preferences.
Since 2019, various legislative initiatives have been launched on the basis of the EU Action Plan, which are intended to create a reliable framework for investors, issuers and financial service providers in the securities sector. Due to the already existing complex financial market regulation, the new requirements to take sustainability into account represent a major challenge for the financial industry. In addition to regulatory requirements, banks must meet customer needs while ensuring efficient implementation.
The timeline below gives you a first overview of the future regulatory requirements in the area of securities. If you have any questions or would like to exchange ideas, please do not hesitate to contact our experts.