EBF RESPONSE

EBF response to the EFRAG ESRS Implementation Guidance consultation

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BRUSSELS, 13 February 2024 – The European Banking Federation (EBF) welcomes EFRAG’s development of the ESRS implementation guidance considering the significant complexity of the standards and the importance of ensuring the preparation of comparable and qualitative disclosures. The future and timely elaboration of specific guidance for financial institutions would be equally important and necessary given the fundamental role they have in financing the global economy.

For a comprehensive overview, kindly refer to our position paper.

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About the EBF:

The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.