European Taxonomy Regulation and Delegated Climate Regulation impose new requirements on mortgaged collateral

10 August 2022

This article by Vasco Hoving sets out the current framework for green bonds such as green securitisations and green covered bonds, which rely on green mortgage loans for their cash flows and collateral respectively. The European Taxonomy Regulation and the Delegated Climate Regulation set new requirements for the green collateral if the bonds are to qualify as European green bonds. The article provides a brief overview of what these new requirements mean for the processing of energy performance certificates, energy performance data and other personal data of mortgage loan borrowers.