Directive (EU) 2022/2464 is on the Banking & Capital Markets rulebook because its official title matches sustainability reporting. Source: EUR-Lex and European Parliament procedure file; company-specific applicability still depends on your activities. Methodology

Directive (EU) 2022/2464: what it means for Banking & Capital Markets

The Directive (EU) 2022/2464 is part of the EU rulebook for banking & capital markets. Its subject matter covers sustainability reportingcore to the sector. Here’s what the act does, why it’s on your radar, and how to see whether it affects your specific company.

Act
32022L2464
Type
Directive
Stage
Procedure completed
Dated
2022-12-14
Procedure
2021/0104(COD)
Lead committee
JURI

What the act does

to create a new corporate sustainability reporting Directive to improve the flow of sustainability information in the corporate world. PROPOSED ACT: Directive of the European Parliament and of the Council. ROLE OF THE EUROPEAN PARLIAMENT: the European Parliament decides in accordance with the ordinary legislative procedure and on an equal footing with the Council. BACKGROUND: the Non-Financial Reporting Directive (Directive 2014/95/EU, the NFRD), amending the Accounting Directive, was adopted in 2014. It applies to large public-interest entities with an average number of employees in excess of 500, and to…

Read the full Directive (EU) 2022/2464 explainer →

Why it matters for Banking & Capital Markets

Banks, investment firms and capital-markets participants operate under the EU's prudential and markets rulebook. These are the core acts in scope.

Directive (EU) 2022/2464 sits in that rulebook because its subject matter covers sustainability reporting. Whether — and how — it applies to a given business depends on that business’s activities, products and markets.

Does the Directive (EU) 2022/2464 apply to your company?

This act’s scope covers:

  • sustainability reporting

Does your business touch any of these?

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Primary sources

The act’s summary is the European Parliament’s own procedure record; the sector connection is the act’s stated subject matter. Lex shows the law and the grounded connection — not legal advice. Data © European Union (Decision 2011/833/EU). Methodology.