ESMA - Consultation paper on integrating sustainability risks and factors in MiFID II

The public consultation is launched by ESMA in order to support the European Commission’s Sustainability Action Plan in the area of securities trading. It covers the topics on which the Commission has requested ESMA to provide technical advice, namely: organisational requirements; risk management; product governance. It also includes suggested amendments to the ESMA guidelines on MiFID II product governance requirements and the ESMA guidelines on certain aspects of the MiFID II suitability requirements.