The European market for structured products faces a new challenge in the wake of the new ESG regulation, according to law firm Mayer Brown.
The implementation of the EU Taxonomy Regulation in the upcoming years will make more data available to market participants about the sustainability of major companies in the EU. Moreover, a new EU Green Bond framework will create a gold standard for issuances with a specific environmental use of proceeds, according to the law firm. The market needs transparency and uniformity and a harmonised standard methodology of what is sustainable and green - Patrick Scholl, Mayer Brown Under
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