[ Diretor: Mário Frota [ Coordenador Editorial: José Carlos Fernandes Pereira [ Fundado em 30-11-1999 [ Edição III [ Ano XII

quinta-feira, 21 de setembro de 2017

Commission wants bigger role for regulators in sustainable finance development

While it finalises its action plan with new regulatory measures, the Commission proposes giving more powers to the supervisory authorities to monitor 'green' investments.

The idea was included in this week’s package aimed at strengthening the supervision powers of the European Securities Markets Authority, the European Insurance and Occupational Pensions Authority and the European Banking Authority.

The objective, outlined in a communication presented on Wednesday (20 September), is to bring more efficiency to the capital markets union Europe is trying to set up, and avoid regulatory arbitrage especially in the aftermath of Brexit.

The communication pointed out that it is “indispensable” to reorient private capital to ‘green investment’.

Juncker Plan falls short of offering green projects, expert group says

The high-level group on sustainable finance proposed on Tuesday (18 July) a new platform to match capital and green projects, as the Juncker Plan did not develop the ‘big pipeline’ that was expected to unlock the money resting in the pockets of big investors.

“This requires a comprehensive, deep rethinking of the current financial framework and a different risk-return approach of capital markets and investors,” the document said.


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