Comments

Comment on Omnibus initiative

Simplify sustainability-related requirements for businesses (EC simplification package on ESG reporting)

Adrian Schwantes
Adrian Schwantes

The GBIC outlines proposals through which the efficiency, steering-relevance and implementation of existing sustainable finance regulation could be improved. Through an Omnibus-Initiative the EU frameworks on sustainability reporting, the Taxonomy and the sustainability due diligence law should be adapted. These changes should aim to improve the regulatory frameworks’ usability while simplifying implementation for companies. 

Comment on Omnibus initiative

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Adrian Schwantes

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Adrian Schwantes

Sustainable Finance

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GBIC comments on amending Delegated Regulation (EU) 2019/98

The German Banking Industry Committee (GBIC) welcomes the objective of revising Commission Delegated Regulation (EU) 2019/980 to simplify prospectus requirements, streamline their content and further standardise format and structure, thereby reducing administrative burdens for issuers, improving comparability for investors and strengthening access to EU capital markets.