Regulatory Round-up: BaFin, Esma, Bank of England

From the UK to Germany and across the EU – your week in ESG policymaking

Germany’s financial regulator, BaFin, has shelved planned rules for classifying investment funds as sustainable because of the geopolitical uncertainty caused by Russia’s invasion of Ukraine and its impact on energy markets, according to Bloomberg. “Against the backdrop of the dynamic situation in regulation, energy and geopolitics, we have decided to put our planned directive for sustainable investment funds on hold,” BaFin president Mark Branson said on Tuesday at a press conference in Frankfurt.