Central banks & regulators

Concern as European Commission’s proposals go beyond original HLEG recommendations

Fears that a ‘do-no-harm’ approach on human rights is not enough

Strong opposition from industry groups representing banks and financial advisors.

Italian financial advisors welcome proposed MiFID changes

European Sustainable Investment Policy •The EU High-Level Expert Group on Sustainable Finance (HLEG) •The European Commission’s policy objectives Responsible Investor is proud to present a series of three webinars focused on European sustainable investment policy in the context of the High-Level Expert Group on Sustainable Finance (HLEG) and the stated objectives of EU Vice-President Valdis Dombrovskis. This is a crucial time for EU policy on ESG. But how will it affect you… and your clients? With Europe looking at investment mandates, sustainability definitions and green financing incentives, ‘the HLEG-effect’ will be far-reaching. The series will feature senior figures from the EU, leading market participants and expert analysts. European Sustainable Investment Policy: Series 3/3 SUSTAINABILITY DEFINITIONS There is also a plan to create a common language and classification system for sustainable investments. This ‘taxonomy’ will impact the investment landscape and could foster the construction of green portfolios: but what will it look like and who will oversee it? Speakers: Eila Kreivi, Head of Capital Markets, European Investment Bank Yao Wang, Professor and Director General, International Institute of Green Finance, Deputy Secretary General of Green Finance, Green Finance Committee of China Society for Finance and Banking David Harris, Group Head of Sustainable Business, London Stock Exchange Group, Head of Sustainable Investment, FTSE Russell Moderator: Sophie Robinson-Tillett, Deputy Editor, Responsible Investor

European Sustainable Investment Policy • The EU High-Level Expert Group on Sustainable Finance (HLEG) • The European Commission’s policy objectives Responsible Investor is proud to present a series of three webinars focused on European sustainable investment policy in the context of the High-Level Expert Group on Sustainable Finance (HLEG) and the stated objectives of EU Vice-President Valdis Dombrovskis. This is a crucial time for EU policy on ESG. But how will it affect you… and your clients? With Europe looking at investment mandates, sustainability definitions and green financing incentives, ‘the HLEG-effect’ will be far-reaching. The series will feature senior figures from the EU, leading market participants and expert analysts. European Sustainable Investment Policy: Series 2/3 GREEN BANKING INCENTIVES The most controversial idea that has been floated is for banks to get lower capital charges if they invest in green projects and companies. This throws up a lot of questions, not least the role of securitisation and the broader implications for responsible investment. Speakers: Raymond Frenken, Head of Communications & CSR, European Banking Federation Sini Matikainen, Policy Analyst at the Grantham Research Institute, London School of Economics Alberto Postigo, Senior Credit Officer, Moody’s Investor Service Marie Louise Andersen, Policy Advisor, the European Mortgage Federation-European Covered Bond Council Moderator: Sophie Robinson-Tillett, Deputy Editor, Responsible Investor

European Sustainable Investment Policy • The EU High-Level Expert Group on Sustainable Finance (HLEG) • The European Commission’s policy objectives Responsible Investor is proud to present a series of three webinars focused on European sustainable investment policy in the context of the High-Level Expert Group on Sustainable Finance (HLEG) and the stated objectives of EU Vice-President Valdis Dombrovskis. This is a crucial time for EU policy on ESG. But how will it affect you… and your clients? With Europe looking at investment mandates, sustainability definitions and green financing incentives, ‘the HLEG-effect’ will be far-reaching. The series will feature senior figures from the EU, leading market participants and expert analysts. European Sustainable Investment Policy: Series 1/3 MANDATES / FIDUCIARY DUTY Mandates are the anchors of the investment chain and the European Commission is proposing to integrate sustainability into the duties of asset managers. This presents a pivotal moment for ESG and we will drill down into all the implications. What would a pan-European set of investor duties mean in practice – and is it even possible? Speakers: Eleni Choidas, European Policy Officer, ShareAction Raj Thamotheram, Founder & Chair, Preventable Surprises Elodie Feller, Programme Lead, Investment, UNEP FI Will Martindale, Head of Policy, PRI Moderator: Daniel Brooksbank, Editor, Responsible Investor

Senior EU civil servant says there is just one year to implement before Parliament breaks for elections.

European social label would act as an identifier for social enterprises

EU gets busy with the HLEG agenda