MiFID II Sustainability Preferences: What the ESMA Common Supervisory Action Results Mean for Investment Firms
Last updated: June 2026 A client tells your adviser they want their portfolio to do some good. The questionnaire captures only low taxonomy-alignment ranges, the product shelf cannot meet the initial preference, and the file does not explain whether or why the preference was adapted. On 6 May 2026, ESMA told supervisors across the EU…