Published date: 29 April 2020

Opinion of the European Securities and Markets Authority of 29 April 2020 on appropriate supervisory and enforcement practices in respect of the new disclosure requirements in Regulation (EU) 2016/1011 of the European Parliament and of the Council relating to sustainability-related disclosures for benchmarks (ESMA41-137-1299)

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Regulation (EU) No 1095/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Securities and Markets Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/77/EC [OJ L 331, 15.12.2010, p. 84.], and in particular Article 9a(2) and 44(1) thereof,

THE EUROPEAN SECURITIES AND MARKETS AUTHORITY BOARD OF SUPERVISORS HAS ADOPTED THIS OPINION:

(1) The European Securities and Markets Authority (ESMA) is issuing this Opinion to the Commission to provide it with a detailed account of the issues that it considers are raised by the absence of the delegated acts supplementing the new disclosure requirements set out in Articles 13(1)(d) and 27(2a) of Regulation (EU) 2016/1011 of the European Parliament and of the Council. ESMA is also issuing this Opinion to set out the action it considers appropriate and the urge