What is Draft
Why has the Commission considered esg taxonomy Draft Regulations to require more candor disclosure on banks' cost of funds and the possibility of charging customers a fee for their services on the basis of such disclosures. The draft regulations appear to go even further in its approach to both disclosures and fees. Under the legislation , banks are now required to give customers a "Bible of the risks, costs and other terms" of their investment products. The terms are to be listed on the bank’s website in a form suitable to investors. The terms include, for example esg taxonomy . • VAT at the rate applicable to an investor • A view of the risk aspects and the range of potential losses on cash flows at different risks and investment types • The disclosure of prices and Sort percentages in relation to cash flows at different risk and investment types • The disclosure of fees and discounts in relation to different investments and options • An understanding of elements