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EU rules of procedure on fines and periodic penalty payments imposed to ESG rating providers
Reglamento Delegado (UE) 2026/904 de la Comisión, de 24 de abril de 2026, por el que se completa el Reglamento (UE) 2024/3005 del Parlamento Europeo y del Consejo en lo que respecta a las normas de procedimiento relativas a las multas y multas coercitivas impuestas a los proveedores de calificaciones ASG por la Autoridad Europea de Valores y Mercados
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.