EU sustainable finance package – KPMG Luxembourg
The package includes the much-awaited detailed rules under the Taxonomy Regulation relating to climate change mitigation and climate change adaptation. Some sections in the draft rules are missing from the final rules and there is a new timeline for further work. Final amendments to existing rules under the Solvency II Directive, the Insurance Distribution Directive (IDD), MiFID II, the UCITS Directive and the Alternative Investment Fund Managers Directive (AIFMD), to incorporate sustainability considerations, are included in the package.
Read the full article at: home.kpmg
