EU publishes final draft in RTS

The final proposals have been published on investor disclosure rules for European Union Taxonomy-linked products. The EU’s three financial watchdogs published the latest draft of the Regulatory Technical Standards (RTS), which aims to provide a blueprint on reporting on financial products that qualify as sustainable under the EU Taxonomy and Sustainable Finance Disclosure Regulation (SFDR). The proposed draft addresses a number of thorny issues, including the status of sovereign bonds in terms of taxonomy alignment.