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Commission Delegated Regulation (EU) .../... of 21.4.2021 amending Delegated Regulation (EU) 2015/35 as regards the integration of sustainability risks in the governance of insurance and reinsurance undertakings

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Summary

This Regulation and other sectoral delegated acts that adapt rules on fiduciary duties and suitability tests further reinforce the Regulation on sustainability-related disclosures in the financial services sector, the Regulation on the EU Climate Transition Benchmarks, EU Paris-aligned Benchmarks and sustainability-related disclosures for benchmarks5 and the Regulation on the EU taxonomy for sustainable activities.

Issuer

EU

Year

2021

Region

International

Issuer (type)

European Commission (Regional)

Instrument type

Regulation

Disclosure instrument

No

Geographical scope

Regional

Mandatory or voluntary

Mandatory

Text analysis

    • Moderate 0.80%
    • Low 0.00%
    • E focus: climate change, greenhouse gas, resource use, sustainable finance, emissions
    • G focus: risk management
    • Finance, Management