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The EBA issues a no-action letter on the application of ESG disclosure requirements and updates the EBA ESG risks dashboard with December 2024 data

The EBA published a no-action letter regarding the enforcement of certain ESG Pillar 3 disclosure templates, addressing legal and operational uncertainties in the evolving ESG disclosure framework. The letter recommends competent authorities not prioritize enforcement of specific templates until new technical standards enter into force.

European Banking Authority

Date Added

1 May 2026 at 14:30:49

Why it matters

This official update provides temporary relief for institutions facing uncertainties in ESG disclosure requirements, ensuring smoother transition and implementation of new standards. The EBA also updated its ESG risk dashboard.

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