Sector-specific ESRS standard setting for Financial Institutions

Project status: Active
Current project stage: Research phase
Project responsible: Chiara Del Prete, Fredré Ferreira, Stefano Maneri, Gemma Sanchez Danes

Description

The sector standards for financial institutions cover:

banking,
capital markets, and
insurance.

The subsectors covered for each of these are as follows:

Banking

• Central banking aspects

• Other monetary intermediation

• Financial leasing

• Granting of other credit

Capital Markets

• Activities of holding undertakings

• Trusts, funds and similar financial entities

• Other financial service activities, except insurance and pension funding

• Administration of financial markets

• Security and commodity contracts brokerage

• Other activities auxiliary to financial services, except insurance and pension funding

• Fund management activities

Insurance

• Life insurance

• Non-life insurance

• Reinsurance

• Pension funding

• Risk and damage evaluation

• Activities of insurance agents and brokers

• Other activities auxiliary to insurance and pension funding.

EFRAG is happy to engage with you and keep you updated about any developments. EFRAG has created Sector Communities which are constituted by stakeholders interested in the development of ESRS for any given sector. These stakeholders consist of preparers and preparer organisations, civil society members, social partners, investment partners or any other organisations with a particular interest in a specific sector. These communities act as experts which are consulted by the EFRAG Secretariat from time to time as needed. To join the relevant community please sign up [here].

If you have any questions on the implementation of the sector agnostic standards please log your question using this link.

To include: REFERENCE TO news item re APs

Currently no meetings with EFRAG SRB or SR TEG have been scheduled on this topic.

Documents

No project documents.