Skip to main content
Version status: Applicable | Document consolidation status: Updated to reflect all known changes
Version date: 10 March 2021 - onwards
Version 3 of 3

Article 13 Marketing communications

DRAFT Paragraph added Proposal for a Regulation of the European Parliament and of the Council on the transparency and integrity of Environmental, Social and Governance (ESG) rating activities (COM(2023) 314 final / 2023/0177 (COD)) (updated 25 October 2024 with Outcome of the European Parliament's first reading and Corrigendum procedure (Strasbourg, 24 April 2024 and 22 October 2024)) of the Proposal for a Regulation of the European Parliament and of the Council on the transparency and integrity of Environmental, Social and Governance (ESG) rating activities (COM(2023) 314 final / 2023/0177 (COD)) (updated 25 October 2024 with Outcome of the European Parliament's first reading and Corrigendum procedure (Strasbourg, 24 April 2024 and 22 October 2024))

1. Without prejudice to stricter sectoral legislation, in particular Directives 2009/65/EC, 2014/65/EU and (EU) 2016/97 and Regulation (EU) No 1286/2014, financial market participants and financial advisers shall ensure that their marketing communications do not contradict the information disclosed pursuant to this Regulation.

2. The ESAs may develop, through the Joint Committee, draft implementing technical standards to determine the standard presentation of information on the promotion of environmental or social characteristics and sustainable investments.

Power is delegated to the Commission to adopt the implementing technical standards referred to in the first subparagraph in accordance with Article 15 of Regulations (EU) No 1093/2010, (EU) No 1094/2010 and (EU) No 1095/2010.