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Capital Markets Union

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Sustainable Finance

27 July 2020

Associations joint letter on integration of sustainability factors and risks

EFAMA, together with seven other EU trade Associations*, have submitted a joint letter to the European Commission addressing concerns following the recently proposed changes to the delegated acts under MiFID II, IDD and Solvency II on the integration of sustainability factors and risks. The letter particularly addresses challenges stemming from the introduction of the new definition of sustainability preferences used across all three pieces of legislation.

Press release