ESMA has published a Public Statement setting out the key findings from the 2024 and 2025 Common Supervisory Action (CSA) conducted with National Competent Authorities on how investment firms integrate sustainability requirements under MiFID II.
The statement provides important supervisory insight into how firms are implementing existing MiFID II sustainability obligations in practice, particularly in relation to suitability assessments, client sustainability preferences, and product governance arrangements.
We invite you to review our alert and would be pleased to discuss how KPMG Cyprus can assist you in understanding and integrating these sustainability requirements into your investment strategies and compliance frameworks.