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The knowledge platform for the financial technology industry

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European Regulators Give Backing to Planned CSRD Reporting Rules

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Europe’s three main financial regulators have given conditional backing to the European Union’s proposed Corporates Sustainable Reporting Directive (CSRD), which will govern how companies disclose their ESG performance. The European Banking Authority (EBA), The European Insurance and Occupational Pensions Authority (EIOPA), and The European Securities and Markets Authority (ESMA) said the rules – termed European Sustainability Reporting Standards (ESRS) –needed to align with other global reporting standards.

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