FinDatEx has decided that the MiFID ESG working group will be discontinued with immediate effect. This working group served as a subgroup to the MiFID working group which maintains the European MiFID Template (EMT). The subgroup had been created in June 2020 to deal with the consideration of ESG-related aspects when exchanging data between product manufacturer and distributor under the MiFID target market requirements.
EU ESG regulation will continue to be considered by the ESG working group. This working group has finalised a first version of the European ESG Template (EET) in March 2022 which implements all relevant (EU) ESG regulations and follows a broad approach regarding distribution. Other templates, including the EMT, will link to the EET for the purpose of exchanging ESG-related data. Any future question impacting more than one template will be considered in close collaboration between the responsible working groups.
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