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• ESMA assesses the risks posed by the use of leverage in the fund sector
• EU Commission Call of Evidence -Revision of EU rules on sustainable finance disclosure
• Luxembourg: CSSF simplifies fund document approval process

• European Parliament State Aid Rules for affordable housing
• Omnibus I: the European Parliament and Council agree on the ‘Stop-the-clock’ mechanism
• United Kingdom: FCA and HMT Consultations on reviewing UK AIFMD rules

• Calculation of leverage for loan originating funds (LOFs)
• Omnibus I (Taxonomy, CSRD and CSDDD)
• The UK Unauthorised Co-ownership Alternative Investment Funds Regulations laid in Parliament

• Unshell Directive discussions hint at SPV carve-outs and softer compliance impact
• United Kingdom: Consultation on value and use cases for aUK green taxonomy
• France: Finance Act brings SLPS taxation in line with existing SLP regime

• Polish presidency takes over the Council of EU
• European Parliament establishes Affordable Housing Committee
• Platform for Sustainable Finance suggests product categories under SFDR

Download INREV’s position paper on the Platform on Sustainable Finance Recommendations to the EU Taxonomy

Download INREV’s position paper on the UK government's consultation on a UK Green Taxonomy

INREV supports the Platform on Sustainable Finance recommendations to improve the EU Taxonomy’s clarity, usability, and ambition but stresses the need for clearer guidance, phased implementation, harmonisation across jurisdictions, and a better understanding of the non-listed real estate investment sector to ensure practical applicability and avoid unintended consequences.

INREV response to the HMT Consultation on the UK Green Taxonomy. INREV believes that if the UK Green Taxonomy be implemented, it should be simplified, interoperable with existing frameworks (especially the EU Taxonomy), and aligned with real estate sector-specific metrics to ensure practicality, reduce reporting burdens, and support sustainable investment while avoiding unnecessary complexity and regulatory divergence.

INREV’s recent paper, Introduction to EU Taxonomy, offers practical insights into aligning real estate activities with the EU Taxonomy framework. During this briefing, Aleksandra Njagulj, Managing Director, Global Head of ESG in Real Estate at DWS, demonstrated how the assessment process works for DWS. Jeff Rupp, Public Affairs Director at INREV, joined her to focus on compliance with Section 7.7 (Acquisition and Ownership of Buildings), addressing the criteria for substantial environmental contributions, the “do no significant harm” principle, and adherence to minimum safeguards.