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EU rules of procedure on fines and periodic penalty payments imposed to ESG rating providers
Kommissionens delegerede forordning (EU) 2026/904 af 24. april 2026 om supplerende regler til Europa-Parlamentets og Rådets forordning (EU) 2024/3005 for så vidt angår procedureregler for bøder og tvangsbøder, som Den Europæiske Værdipapir- og Markedstilsynsmyndighed pålægger ESG-vurderingsleverandører
Initiative summary:
EU rules on environmental, social and governance (ESG) rating activities introduces a common regulatory approach to enhance the integrity, transparency, comparability where possible, responsibility, reliability, good governance and independence of such activities. They require the Commission to adopt further rules of procedure for the exercise of the European Securities and Markets Authority power to impose fines or periodic penalty payments.