On 19 February 2019 Finance Watch responded to a consultation held by the European Securities and Markets Authority (ESMA) on its draft technical advice regarding possible amendments to the delegated acts and guidelines under MiFID II on the integration of sustainability risks and factors.
In its response Finance Watch supported the proposal to include sustainability factors in:
- provisions on organizational requirements
- risk management
- product governance
- ESMA guidelines on aspects of the MiFID II suitability requirements.