emendrix

Art. 2a

Sustainable Finance Disclosure Regulation · 32019R2088 · every event for this act · on EUR-Lex

Principle of do no significant harm

1 change recorded across 1 event, newest first.

in force 2020-07-12 INSERTED+1,122 −0

Amended by Regulation (EU) 2020/852 32020R0852

applies from: unknown (an inserted provision states its own application date only in prose)

A new Article 2a is added, setting out a principle of do no significant harm and directing the European Supervisory Authorities, acting through the Joint Committee, to develop draft regulatory technical standards on the content and presentation of related information, consistent with the sustainability indicators mentioned elsewhere in the Regulation.

The new article also sets a deadline of 30 December 2020 for submitting those draft standards to the Commission and delegates power to the Commission to adopt them under the referenced ESA regulations.

Cited: Art. 2a, v2

text before / after

inserted text (02019R2088-20200712)

Article 2a
Principle of do no significant harm
1. The European Supervisory Authorities established by Regulations (EU) No 1093/2010, (EU) No 1094/2010 and (EU) No 1095/2010 of the European Parliament and of the Council (collectively, the ESAs) shall, through the Joint Committee, develop draft regulatory technical standards to specify the details of the content and presentation of the information in relation to the principle of do no significant harm referred to in point (17) of Article 2 of this Regulation consistent with the content, methodologies, and presentation in respect of the sustainability indicators in relation to the adverse impacts referred to in paragraphs 6 and 7 of Article 4 of this Regulation.
2. The ESAs shall submit the draft regulatory technical standards referred to in paragraph 1 to the Commission by 30 December 2020.
3. Power is delegated to the Commission to supplement this Regulation by adopting the regulatory technical standards referred to in paragraph 1 of this Article in accordance with Articles 10 to 14 of Regulations (EU) No 1093/2010, (EU) No 1094/2010 and (EU) No 1095/2010.