“The EU sustainable finance regulatory agenda rapidly evolves and is composed of several legislative pieces; while these are closely interlinked, on some occasions, they follow different timelines and target different actors,” points out Nicoletta Centofanti, general manager of the Luxembourg Sustainable Finance Initiative (LSFI) in a press release dated 2 August.

This complexity, she adds, means that sustainable finance regulation poses a major challenge for the finance sector.

Hence, the launch of  put together by the LSFI with the support of PwC Luxembourg.

The page offers guidance related to the following pieces: taxonomy; Sustainable finance disclosure regulation (SFDR); Corporate sustainability reporting directive (CSRD); Markets in financial instruments directive II (MiFID II); Corporate sustainability due diligence directive (CSDDD); low carbon benchmark regulation; and green bond standards (GBS).

On the website, users will find four sections. The first provides an overview of each legislative piece; the second a more detailed look; the third a timeline (including adoption or application dates); and the fourth relevant definitions and acronyms.

Says the press release, the webpage is part of a wider toolkit (dubbed “Take Action”) and comprises part of the LSFI’s mission to “unlock the potential” of Luxembourg’s financial centre.