France's Financial Markets Authority and France's Prudential Supervision and Resolution Authority have set out a common approach to support market professionals in incorporating clients’ sustainability preferences under the Insurance Distribution Directive and MiFID II. The initiative outlines a pragmatic supervisory approach intended to enable effective compliance with the regulatory requirements while maintaining a high level of client protection. The joint approach is intended to simplify the client journey while ensuring sustainability preferences are taken into account in an effective and compliant manner. It also frames the initiative as supporting sustainable finance that is accessible and understandable and aligned with savers’ expectations.
France Autorite des marches financiers 2025-11-13
France's Financial Markets Authority and Prudential Supervision and Resolution Authority present a joint supervisory approach for implementing sustainability preferences under MiFID II and the Insurance Distribution Directive
France's Financial Markets Authority and Prudential Supervision and Resolution Authority have established a joint approach to help market professionals integrate clients' sustainability preferences under the Insurance Distribution Directive and MiFID II. This initiative aims to simplify compliance while ensuring high client protection and aligning sustainable finance with savers' expectations.