Taxonomy and Transparency: EU Delays Implementation and Presents Further Plans - McDermott Will & Emery

Taxonomy and Transparency: EU Delays Implementation and Presents Further Plans

Overview


The EU Commission presented its current strategy for financing the transition to a sustainable Economy. Participants of the financial market will face more comprehensive and severe regulation compared to the rules already in place or currently being drafted. At the same time, implementation slows down: Level 2 delegated rules supplementing the SFDR are delayed for another six months.