{"id":35458,"date":"2025-05-20T09:58:52","date_gmt":"2025-05-20T07:58:52","guid":{"rendered":"https:\/\/www.co2news.sk\/?p=35458"},"modified":"2025-05-20T17:19:21","modified_gmt":"2025-05-20T15:19:21","slug":"nove-pravidla-eu-pre-poskytovatelov-ratingov-esg-zabezpecenie-transparentnosti-a-integrity","status":"publish","type":"post","link":"https:\/\/www.co2news.sk\/ar\/2025\/05\/20\/nove-pravidla-eu-pre-poskytovatelov-ratingov-esg-zabezpecenie-transparentnosti-a-integrity\/","title":{"rendered":"\u0642\u0648\u0627\u0639\u062f \u062c\u062f\u064a\u062f\u0629 \u0644\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0644\u0645\u0642\u062f\u0645\u064a \u062a\u0635\u0646\u064a\u0641\u0627\u062a \u0627\u0644\u062d\u0648\u0643\u0645\u0629 \u0627\u0644\u0628\u064a\u0626\u064a\u0629 \u0648\u0627\u0644\u0627\u062c\u062a\u0645\u0627\u0639\u064a\u0629 \u0648\u0627\u0644\u0645\u0624\u0633\u0633\u064a\u0629: \u0636\u0645\u0627\u0646 \u0627\u0644\u0634\u0641\u0627\u0641\u064a\u0629 \u0648\u0627\u0644\u0646\u0632\u0627\u0647\u0629"},"content":{"rendered":"<p>\u0627\u0639\u062a\u0645\u062f \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0644\u0627\u0626\u062d\u0629 \u062c\u062f\u064a\u062f\u0629 <a href=\"https:\/\/eur-lex.europa.eu\/eli\/reg\/2024\/3005\/oj\/eng\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">2024\/3005<\/span><\/a> \u0627\u0639\u062a\u0628\u0627\u0631\u064b\u0627 \u0645\u0646 27 \u0646\u0648\u0641\u0645\u0628\u0631 2024\u060c \u0633\u064a\u062a\u0645 \u062a\u0637\u0628\u064a\u0642 \u0644\u0627\u0626\u062d\u0629 \u0628\u0634\u0623\u0646 \u0645\u0632\u0648\u062f\u064a \u062a\u0635\u0646\u064a\u0641\u0627\u062a \u0627\u0644\u062d\u0648\u0643\u0645\u0629 \u0627\u0644\u0628\u064a\u0626\u064a\u0629 \u0648\u0627\u0644\u0627\u062c\u062a\u0645\u0627\u0639\u064a\u0629 \u0648\u0627\u0644\u0645\u0624\u0633\u0633\u064a\u0629 (ESG). \u0648\u062a\u0647\u062f\u0641 \u0647\u0630\u0647 \u0627\u0644\u0644\u0627\u0626\u062d\u0629 \u0625\u0644\u0649<!--more--> je zjednodu\u0161i\u0165 informa\u010dn\u00e9 toky a u\u013eah\u010di\u0165 investi\u010dn\u00e9 rozhodnutia v r\u00e1mci \u0161ir\u0161ieho r\u00e1mca udr\u017eate\u013en\u00e9ho financovania E\u00da. Pr\u00edstup \u00danie k udr\u017eate\u013en\u00e9mu a inkluz\u00edvnemu rastu je zakotven\u00fd v 20 z\u00e1sad\u00e1ch Eur\u00f3pskeho piliera soci\u00e1lnych pr\u00e1v, pri\u010dom sa opiera aj o soci\u00e1lne acquis \u00danie vr\u00e1tane strat\u00e9gi\u00ed rovnosti. Nariadenie je z\u00e1v\u00e4zn\u00e9 v celom rozsahu a priamo uplatnite\u013en\u00e9 vo v\u0161etk\u00fdch \u010dlensk\u00fdch \u0161t\u00e1toch od 2. j\u00fala 2026.<\/p>\n<p><strong>Koho sa nariadenie t\u00fdka?<\/strong><\/p>\n<p>Nariadenie sa vz\u0165ahuje na poskytovate\u013eov ratingov ESG p\u00f4sobiacich v \u00danii. Rozli\u0161uje sa medzi poskytovate\u013emi usaden\u00fdmi v \u00danii a mimo \u00danie. Poskytovatelia usaden\u00ed v \u00danii s\u00fa pova\u017eovan\u00ed za p\u00f4sobiacich v \u00danii, ke\u010f vyd\u00e1vaj\u00fa a zverej\u0148uj\u00fa ratingy na svojej webovej str\u00e1nke alebo in\u00fdmi prostriedkami, alebo ke\u010f ich vyd\u00e1vaj\u00fa a distribuuj\u00fa na z\u00e1klade predplatn\u00e9ho alebo in\u00fdch zmluvn\u00fdch vz\u0165ahov pre regulovan\u00e9 finan\u010dn\u00e9 podniky, ur\u010dit\u00e9 typy podnikov a in\u0161tit\u00facie \u00danie alebo \u010dlensk\u00fdch \u0161t\u00e1tov. Poskytovatelia mimo \u00danie s\u00fa pova\u017eovan\u00ed za p\u00f4sobiacich v \u00danii, len ak vyd\u00e1vaj\u00fa a distribuuj\u00fa svoje ratingy rovnak\u00fdm subjektom na z\u00e1klade predplatn\u00e9ho alebo zmluvn\u00fdch vz\u0165ahov. Pojem &#8222;usadenie&#8220; zah\u0155\u0148a v\u0161etky skuto\u010dn\u00e9 \u010dinnosti vykon\u00e1van\u00e9 prostredn\u00edctvom st\u00e1lych dojednan\u00ed, pri\u010dom sa zva\u017euje stabilita, vykon\u00e1vanie \u010dinnost\u00ed v \u00danii a povaha hospod\u00e1rskych \u010dinnost\u00ed.<\/p>\n<p><strong>V\u00fdnimky z rozsahu p\u00f4sobnosti<\/strong><\/p>\n<p>Niektor\u00e9 \u010dinnosti a subjekty s\u00fa z p\u00f4sobnosti nariadenia vy\u0148at\u00e9. Patria sem inform\u00e1cie, ktor\u00e9 podnik alebo finan\u010dn\u00e1 in\u0161tit\u00facia zverej\u0148uje o svojich vlastn\u00fdch vplyvoch na udr\u017eate\u013enos\u0165. \u010ealej s\u00fa vyl\u00fa\u010den\u00e9 s\u00fakromn\u00e9 ratingy ESG vydan\u00e9 na individu\u00e1lnu objedn\u00e1vku v\u00fdlu\u010dne pre objedn\u00e1vate\u013ea, ktor\u00e9 nie s\u00fa ur\u010den\u00e9 na zverejnenie alebo distrib\u00faciu. V\u00fdnimku tvoria aj ratingy vyd\u00e1van\u00e9 regulovan\u00fdmi finan\u010dn\u00fdmi podnikmi v \u00danii, ktor\u00e9 sa pou\u017e\u00edvaj\u00fa v\u00fdlu\u010dne na vn\u00fatorn\u00e9 \u00fa\u010dely alebo na poskytovanie intern\u00fdch finan\u010dn\u00fdch slu\u017eieb\/produktov alebo slu\u017eieb\/produktov v r\u00e1mci skupiny. Nariadenie sa nevz\u0165ahuje na ratingy ESG vypracovan\u00e9 v\u00fdhradne pre akredit\u00e1ciu alebo certifik\u00e1ciu, ktor\u00e9 sa nezameriavaj\u00fa na investi\u010dn\u00fa alebo finan\u010dn\u00fa anal\u00fdzu\/rozhodovanie. Ozna\u010dovacie \u010dinnosti s\u00fa vyl\u00fa\u010den\u00e9 za predpokladu, \u017ee ozna\u010denia neobsahuj\u00fa zverejnenie ratingu ESG. Neziskov\u00e9 organiz\u00e1cie, ktor\u00e9 zverej\u0148uj\u00fa alebo distribuuj\u00fa ratingy na nekomer\u010dn\u00e9 \u00fa\u010dely, s\u00fa tie\u017e vy\u0148at\u00e9, pokia\u013e v\u0161ak hodnoten\u00fdm subjektom alebo pou\u017e\u00edvate\u013eom ratingov \u00fa\u010dtuj\u00fa poplatky za \u00fadaje, ratingy alebo pr\u00edstup k inform\u00e1ci\u00e1m, nariadenie sa na ne vz\u0165ahuje.<\/p>\n<p><strong>Povolenie a registr\u00e1cia<\/strong><\/p>\n<p>Pr\u00e1vnick\u00e1 osoba, ktor\u00e1 chce p\u00f4sobi\u0165 ako poskytovate\u013e ratingov ESG v \u00danii, mus\u00ed podlieha\u0165 povoleniam udelen\u00fdm Eur\u00f3pskym org\u00e1nom pre cenn\u00e9 papiere a trhy (ESMA). \u017diados\u0165 o povolenie pod\u00e1vaj\u00fa pr\u00e1vnick\u00e9 osoby usaden\u00e9 v \u00danii a mus\u00ed obsahova\u0165 inform\u00e1cie uveden\u00e9 v pr\u00edlohe I. ESMA pos\u00fadi \u00faplnos\u0165 \u017eiadosti do 25 pracovn\u00fdch dn\u00ed a rozhodne o udelen\u00ed alebo zamietnut\u00ed povolenia do 90 pracovn\u00fdch dn\u00ed (s mo\u017en\u00fdm pred\u013a\u017een\u00edm na 120 dn\u00ed za ur\u010dit\u00fdch podmienok). Povolenie je platn\u00e9 v celej \u00danii. ESMA m\u00f4\u017ee povolenie pozastavi\u0165 alebo odobra\u0165 za \u0161pecifick\u00fdch podmienok, ako napr\u00edklad z\u00edskanie povolenia na z\u00e1klade nepravdiv\u00fdch vyhl\u00e1sen\u00ed, z\u00e1va\u017en\u00e9 poru\u0161enie nariadenia alebo ak poskytovate\u013e u\u017e nesp\u013a\u0148a podmienky udelenia povolenia.<\/p>\n<p>Pre poskytovate\u013eov ratingov ESG usaden\u00fdch mimo \u00danie s\u00fa stanoven\u00e9 tri re\u017eimy: ekvivalencia, schva\u013eovanie a uznanie. Re\u017eim ekvivalencie vy\u017eaduje rozhodnutie Komisie, \u017ee pr\u00e1vny r\u00e1mec a prax doh\u013eadu tretej krajiny s\u00fa rovnocenn\u00e9 s po\u017eiadavkami E\u00da. V r\u00e1mci re\u017eimu uznania musia poskytovatelia mimo \u00danie splni\u0165 po\u017eiadavky nariadenia a predlo\u017ei\u0165 \u017eiados\u0165 o uznanie ESMA. Musia tie\u017e ma\u0165 pr\u00e1vneho z\u00e1stupcu usaden\u00e9ho v \u00danii, ktor\u00fd preukazuje ESMA, \u017ee poskytovate\u013e nepretr\u017eite pln\u00ed po\u017eiadavky a je za to zodpovedn\u00fd. ESMA vedie verejn\u00fd register poskytovate\u013eov s povolen\u00edm, registrovan\u00fdch v r\u00e1mci do\u010dasn\u00e9ho re\u017eimu pre mal\u00fdch poskytovate\u013eov, a t\u00fdch z tret\u00edch kraj\u00edn, ktor\u00ed podliehaj\u00fa re\u017eimom ekvivalencie, schva\u013eovania alebo uznania.<\/p>\n<p>Existuje aj do\u010dasn\u00fd re\u017eim pre mal\u00fdch poskytovate\u013eov ratingov ESG usaden\u00fdch v \u00danii. T\u00edto musia ozn\u00e1mi\u0165 ESMA svoj z\u00e1mer p\u00f4sobi\u0165 v \u00danii a by\u0165 zaregistrovan\u00ed. V takom pr\u00edpade na nich platia len vybran\u00e9 ustanovenia nariadenia. Ak prestan\u00fa by\u0165 klasifikovan\u00ed ako mal\u00ed poskytovatelia alebo po troch rokoch od registr\u00e1cie, musia po\u017eiada\u0165 o pln\u00e9 povolenie.<\/p>\n<p><strong>Po\u017eiadavky na poskytovate\u013eov<\/strong><\/p>\n<p>Nariadenie stanovuje pr\u00edsne po\u017eiadavky na nez\u00e1vislos\u0165 a riadenie konfliktov z\u00e1ujmov. Poskytovatelia musia zabezpe\u010di\u0165 nez\u00e1vislos\u0165 svojich \u010dinnost\u00ed od politick\u00fdch a hospod\u00e1rskych vplyvov. Musia zavies\u0165 pravidl\u00e1 a postupy na zabezpe\u010denie vyd\u00e1vania ratingov v s\u00falade s nariaden\u00edm. D\u00f4le\u017eit\u00e9 je aj prijatie opatren\u00ed na zabezpe\u010denie, aby boli inform\u00e1cie pou\u017e\u00edvan\u00e9 pri pride\u013eovan\u00ed ratingov kvalitn\u00e9 a zo spo\u013eahliv\u00fdch zdrojov. Poskytovatelia musia uvies\u0165, \u017ee ich ratingy s\u00fa ich vlastn\u00fdm stanoviskom.<\/p>\n<p>Transparency je k\u013e\u00fa\u010dov\u00fdm prvkom. Poskytovatelia musia zverej\u0148ova\u0165 na svojej webovej str\u00e1nke metodiky, modely a k\u013e\u00fa\u010dov\u00e9 ratingov\u00e9 v\u00fdchodisk\u00e1. Namiesto jedn\u00e9ho ratingu sumuj\u00faceho faktory E, S a G sa vy\u017eaduj\u00fa samostatn\u00e9 ratingy pre ka\u017ed\u00fd faktor, s v\u00fdnimkou, ak poskytovate\u013e pri s\u00fahrnnom ratingu zverejn\u00ed dodato\u010dn\u00e9 inform\u00e1cie. Poskytovatelia tie\u017e musia zverej\u0148ova\u0165 dodato\u010dn\u00e9 inform\u00e1cie pou\u017e\u00edvate\u013eom ratingov a hodnoten\u00fdm polo\u017ek\u00e1m, ako napr\u00edklad podrobnej\u0161\u00ed preh\u013ead metod\u00edk a d\u00e1tov\u00fdch procesov. Musia informova\u0165 hodnoten\u00fa polo\u017eku alebo emitenta aspo\u0148 dva pracovn\u00e9 dni pred prv\u00fdm vydan\u00edm ratingu a na po\u017eiadanie spr\u00edstupni\u0165 relevantn\u00e9 inform\u00e1cie.<\/p>\n<p>Poskytovatelia musia zavies\u0165 postupy na prij\u00edmanie, vy\u0161etrovanie a zaznamen\u00e1vanie s\u0165a\u017enost\u00ed od pou\u017e\u00edvate\u013eov ratingov a hodnoten\u00fdch subjektov. Mal\u00ed poskytovatelia sa nemusia usilova\u0165 reagova\u0165 na od\u00f4vodnen\u00e9 obavy do 30 pracovn\u00fdch dn\u00ed, zatia\u013e \u010do ostatn\u00ed poskytovatelia \u00e1no. Externaliz\u00e1cia d\u00f4le\u017eit\u00fdch \u00faloh nesmie naru\u0161i\u0165 kvalitu internej kontroly ani schopnos\u0165 ESMA vykon\u00e1va\u0165 doh\u013ead.<\/p>\n<p><strong>Doh\u013ead org\u00e1nu ESMA<\/strong><\/p>\n<p>ESMA je org\u00e1nom doh\u013eadu nad poskytovate\u013emi ratingov ESG. M\u00e1 pr\u00e1vomoc vy\u017eadova\u0165 inform\u00e1cie, vykon\u00e1va\u0165 vy\u0161etrovania a kontroly na mieste, uklada\u0165 pokuty a pravideln\u00e9 platby pen\u00e1le. ESMA v\u0161ak nesmie zasahova\u0165 do obsahu ratingov ESG ani do metod\u00edk. Ak poskytovate\u013e nedodr\u017e\u00ed povinnosti, ESMA m\u00f4\u017ee prija\u0165 r\u00f4zne opatrenia, vr\u00e1tane pozastavenia\/odobratia povolenia, do\u010dasn\u00e9ho z\u00e1kazu zverej\u0148ovania ratingov, po\u017eiadavky na ukon\u010denie poru\u0161ovania, ulo\u017eenia pok\u00fat alebo vydania verejn\u00fdch ozn\u00e1men\u00ed. Maxim\u00e1lna v\u00fd\u0161ka pokuty je 10 % celkov\u00e9ho ro\u010dn\u00e9ho \u010dist\u00e9ho obratu poskytovate\u013ea. ESMA mus\u00ed pri ukladan\u00ed sankci\u00ed zoh\u013eadni\u0165 krit\u00e9ri\u00e1 ako z\u00e1va\u017enos\u0165 a trvanie poru\u0161enia, finan\u010dn\u00fd prospech a predch\u00e1dzaj\u00face poru\u0161enia. ESMA pri v\u00fdkone doh\u013eadu spolupracuje s pr\u00edslu\u0161n\u00fdmi vn\u00fatro\u0161t\u00e1tnymi org\u00e1nmi a m\u00f4\u017ee na ne delegova\u0165 ur\u010dit\u00e9 vy\u0161etrovacie \u00falohy.<\/p>\n<p>Nariadenie tie\u017e stanovuje po\u017eiadavku na poskytovate\u013eov ratingov ESG od 1. janu\u00e1ra 2028 predklada\u0165 ur\u010dit\u00e9 inform\u00e1cie org\u00e1nu zberu \u00fadajov (ktor\u00fdm je ESMA) na spr\u00edstupnenie prostredn\u00edctvom jednotn\u00e9ho eur\u00f3pskeho miesta pr\u00edstupu (ESAP). Tieto inform\u00e1cie musia by\u0165 v d\u00e1tovo extrahovate\u013enom alebo strojovo \u010ditate\u013enom form\u00e1te s pr\u00edslu\u0161n\u00fdmi meta\u00fadajmi.<\/p>\n<p>Celkovo nov\u00e9 nariadenie zav\u00e1dza komplexn\u00fd r\u00e1mec pre regul\u00e1ciu a doh\u013ead nad poskytovate\u013emi ratingov ESG v E\u00da s cie\u013eom zv\u00fd\u0161i\u0165 transparentnos\u0165, integritu a spo\u013eahlivos\u0165 t\u00fdchto ratingov na finan\u010dnom trhu. <em><strong>SpringR<\/strong><\/em><\/p>\n<hr \/>\n<p><strong>Glos\u00e1r k\u013e\u00fa\u010dov\u00fdch pojmov:<\/strong><\/p>\n<ul>\n<li><strong>Agenda 2030 pre udr\u017eate\u013en\u00fd rozvoj:<\/strong> Glob\u00e1lny r\u00e1mec udr\u017eate\u013en\u00e9ho rozvoja prijat\u00fd Valn\u00fdm zhroma\u017eden\u00edm OSN v roku 2015, ktor\u00e9ho jadrom s\u00fa ciele udr\u017eate\u013en\u00e9ho rozvoja.<\/li>\n<li><strong>Eur\u00f3pska zelen\u00e1 dohoda:<\/strong> Ozn\u00e1menie Komisie z decembra 2019, ktor\u00e9ho cie\u013eom je, aby sa hospod\u00e1rstvo a spolo\u010dnos\u0165 \u00danie stali do roku 2050 klimaticky neutr\u00e1lnymi.<\/li>\n<li><strong>Ciele udr\u017eate\u013en\u00e9ho rozvoja (SDGs):<\/strong> S\u00fabor 17 glob\u00e1lnych cie\u013eov stanoven\u00fdch OSN, ktor\u00e9 pokr\u00fdvaj\u00fa soci\u00e1lne, environment\u00e1lne a ekonomick\u00e9 v\u00fdzvy.<\/li>\n<li><strong>Udr\u017eate\u013en\u00e9 financovanie:<\/strong> Proces zoh\u013ead\u0148ovania environment\u00e1lnych, soci\u00e1lnych a faktorov spr\u00e1vy a riadenia pri investi\u010dn\u00fdch rozhodnutiach na podporu udr\u017eate\u013en\u00e9ho rastu.<\/li>\n<li><strong>Ratingy ESG (Environment\u00e1lne, Soci\u00e1lne a Spr\u00e1va a riadenie):<\/strong> Stanovisko alebo bodovanie, alebo ich kombin\u00e1cia, ktor\u00e9 sa t\u00fdka profilu alebo charakterist\u00edk hodnotenej polo\u017eky z h\u013eadiska environment\u00e1lnych faktorov, soci\u00e1lnych faktorov a faktorov \u013eudsk\u00fdch pr\u00e1v, alebo faktorov spr\u00e1vy a riadenia, zalo\u017een\u00e9 na zavedenej metodike a klasifika\u010dnom syst\u00e9me.<\/li>\n<li><strong>Poskytovate\u013e ratingov ESG:<\/strong> Pr\u00e1vnick\u00e1 osoba, ktor\u00e1 vyd\u00e1va a distribuuje ratingy ESG na komer\u010dn\u00e9 \u00fa\u010dely.<\/li>\n<li><strong>Hodnoten\u00e1 polo\u017eka:<\/strong> Pr\u00e1vnick\u00e1 osoba, finan\u010dn\u00fd n\u00e1stroj, finan\u010dn\u00fd produkt, subjekt verejn\u00e9ho sektora alebo verejnopr\u00e1vny subjekt, ktor\u00fd je hodnoten\u00fd v r\u00e1mci ESG ratingov.<\/li>\n<li><strong>Dvojit\u00e1 v\u00fdznamnos\u0165:<\/strong> Z\u00e1sada, pod\u013ea ktorej udr\u017eate\u013enos\u0165 zoh\u013ead\u0148uje nielen to, ako udr\u017eate\u013enos\u0165 ovplyv\u0148uje podnik (finan\u010dn\u00e1 v\u00fdznamnos\u0165), ale aj to, ako podnik ovplyv\u0148uje \u017eivotn\u00e9 prostredie a spolo\u010dnos\u0165 (vplyvov\u00e1 v\u00fdznamnos\u0165).<\/li>\n<li><strong>ESMA (Eur\u00f3psky org\u00e1n pre cenn\u00e9 papiere a trhy):<\/strong> Org\u00e1n E\u00da zodpovedn\u00fd za doh\u013ead nad poskytovate\u013emi ratingov ESG pod\u013ea tohto nariadenia.<\/li>\n<li><strong>Jednotn\u00e9 eur\u00f3pske miesto pr\u00edstupu (ESAP):<\/strong> Online platforma, ktor\u00e1 poskytuje centralizovan\u00fd pr\u00edstup k verejne dostupn\u00fdm inform\u00e1ci\u00e1m t\u00fdkaj\u00facim sa finan\u010dn\u00fdch slu\u017eieb, kapit\u00e1lov\u00fdch trhov a udr\u017eate\u013enosti v E\u00da.<\/li>\n<li><strong>Do\u010dasn\u00fd re\u017eim:<\/strong> Zjednodu\u0161en\u00fd re\u017eim registr\u00e1cie pre mal\u00fdch poskytovate\u013eov ratingov ESG usaden\u00fdch v \u00danii na obmedzen\u00e9 obdobie.<\/li>\n<li><strong>Re\u017eim rovnocennosti:<\/strong> Re\u017eim, ktor\u00fd umo\u017e\u0148uje poskytovate\u013eom ratingov ESG usaden\u00fdm mimo \u00danie p\u00f4sobi\u0165 v \u00danii, ak Komisia rozhodne, \u017ee regula\u010dn\u00fd a doh\u013eadov\u00fd re\u017eim tretej krajiny je rovnocenn\u00fd s re\u017eimom E\u00da.<\/li>\n<li><strong>Re\u017eim schva\u013eovania:<\/strong> Re\u017eim, ktor\u00fd umo\u017e\u0148uje poskytovate\u013eovi ratingov ESG usaden\u00e9mu v \u00danii schva\u013eova\u0165 ratingy ESG vypracovan\u00e9 poskytovate\u013eom ratingov ESG usaden\u00fdm mimo \u00danie v r\u00e1mci rovnakej skupiny.<\/li>\n<li><strong>Re\u017eim uznania:<\/strong> Re\u017eim, ktor\u00fd umo\u017e\u0148uje mal\u00fdm poskytovate\u013eom ratingov ESG usaden\u00fdm mimo \u00danie p\u00f4sobi\u0165 v \u00danii po ich uznan\u00ed org\u00e1nom ESMA, k\u00fdm Komisia neprijme rozhodnutie o rovnocennosti.<\/li>\n<li><strong>Regulovan\u00fd finan\u010dn\u00fd podnik v \u00danii:<\/strong> Subjekty ako \u00faverov\u00e9 in\u0161tit\u00facie, investi\u010dn\u00e9 spolo\u010dnosti, pois\u0165ovne at\u010f., ako s\u00fa definovan\u00e9 v \u010cl\u00e1nku 3 bode 5.<\/li>\n<li><strong>Marketingov\u00e9 ozn\u00e1menia:<\/strong> Komunika\u010dn\u00e9 materi\u00e1ly pou\u017e\u00edvan\u00e9 regulovan\u00fdmi finan\u010dn\u00fdmi podnikmi na propag\u00e1ciu finan\u010dn\u00fdch produktov alebo slu\u017eieb, ktor\u00e9 zah\u0155\u0148aj\u00fa ESG ratingy.<\/li>\n<li><strong>Konflikt z\u00e1ujmov:<\/strong> Situ\u00e1cia, v ktorej s\u00fa ohrozen\u00e9 nez\u00e1vislos\u0165 a nestrannos\u0165 poskytovate\u013ea ratingov ESG, jeho zamestnancov alebo in\u00fdch os\u00f4b zapojen\u00fdch do ratingov\u00e9ho procesu z d\u00f4vodu osobn\u00fdch, finan\u010dn\u00fdch, obchodn\u00fdch alebo in\u00fdch vz\u0165ahov.<\/li>\n<li><strong>Regula\u010dn\u00e9 technick\u00e9 predpisy (RTS):<\/strong> Podrobn\u00e9 pravidl\u00e1 prijat\u00e9 Komisiou na doplnenie tohto nariadenia, napr\u00edklad t\u00fdkaj\u00face sa postupn\u00fdch pravidiel a poplatkov.<\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>Eur\u00f3pska \u00fania prijala nov\u00e9 nariadenie 2024\/3005 z 27. novembra 2024 t\u00fdkaj\u00face sa poskytovate\u013eov ratingov v oblasti \u017eivotn\u00e9ho prostredia, soci\u00e1lnych ot\u00e1zok a spr\u00e1vy a riadenia podnikov (ESG). Cie\u013eom tohto nariadenia<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-35458","post","type-post","status-publish","format-standard","hentry","category-esg_legislativa"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/ar\/wp-json\/wp\/v2\/posts\/35458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/ar\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/ar\/wp-json\/wp\/v2\/comments?post=35458"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/ar\/wp-json\/wp\/v2\/posts\/35458\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/ar\/wp-json\/wp\/v2\/media?parent=35458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/ar\/wp-json\/wp\/v2\/categories?post=35458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/ar\/wp-json\/wp\/v2\/tags?post=35458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}