Green

‘Delayed’ EBA work set to take in green amid ECB focus

The European Commission could expand the European Banking Authority’s mandates for follow-up work on the EU covered bond directive to include recommendations on green covered bonds, which were a key topic for the European Central Bank at a recent Helsinki European Covered Bond Council plenary.

Green

GBP, EBA updates raise green covered bond questions

The European Covered Bond Council is working on a definition of green covered bonds aimed at reflecting the distinct characteristics of the instrument to ensure its appropriate treatment in incoming regulations, and following a Green Bond Principles update deemed contradictory to its core feature by some.

Green

Jyske first to disclose under EEM Label in industry push

Jyske Realkredit published the first Energy Efficient Mortgage (EEM) Label harmonised disclosure template yesterday (Thursday), with the EMF-ECBC hailing the move as supportive of preferential treatment for green mortgages as the EBA and European Commission move ahead with regulation.