Date: 19th February 2019

As part of the measures on sustainable finance, the EC requested EIOPA and ESMA to develop technical advice for integrating sustainability factors into the general provisions laying down organisational requirements and product governance rules for investment and insurance firms in MiFID II and IDD Level 2 legislation, as well as for the suitability assessment. This consultation paper analyses the possible amendments to the recitals or provisions of the MiFID II Delegated Regulation insofar as product manufacturers and distributors would consider sustainability factors within their business, including investment advice.