Regulation on fines and periodic penalty payments imposed to ESG rating providers by the European Securities and Markets Authority
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 26d ago
This procedure sets out the specific rules for imposing fines and penalty payments on ESG rating providers by the European Securities and Markets Authority (ESMA). It ensures consistent application of financial penalties.
This affects ESG rating providers and investors who rely on their ratings. It aims to enhance the reliability and integrity of ESG ratings within the EU.