{"id":10883,"date":"2023-06-21T13:17:30","date_gmt":"2023-06-21T13:17:30","guid":{"rendered":"https:\/\/lsfi.lu\/?page_id=10883"},"modified":"2023-07-19T12:08:15","modified_gmt":"2023-07-19T12:08:15","slug":"eu-sustainable-finance-regulation-timeline","status":"publish","type":"page","link":"https:\/\/lsfi.lu\/de\/eu-sustainable-finance-regulation-timeline\/","title":{"rendered":"EU Sustainable Finance Regulation &#8211; Timeline"},"content":{"rendered":"[vc_row type=&#8220;full_width_background&#8220; full_screen_row_position=&#8220;middle&#8220; column_margin=&#8220;default&#8220; column_direction=&#8220;default&#8220; column_direction_tablet=&#8220;default&#8220; column_direction_phone=&#8220;default&#8220; bg_color=&#8220;#ffffff&#8220; bg_image=&#8220;10866&#8243; bg_position=&#8220;center center&#8220; background_image_loading=&#8220;default&#8220; bg_repeat=&#8220;no-repeat&#8220; scene_position=&#8220;center&#8220; top_padding=&#8220;14%&#8220; bottom_padding=&#8220;12%&#8220; 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background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; overflow=&#8220;visible&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/4&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; enable_animation=&#8220;true&#8220; animation=&#8220;fade-in-from-bottom&#8220; animation_easing=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220; offset=&#8220;vc_col-xs-12&#8243;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row type=&#8220;full_width_background&#8220; full_screen_row_position=&#8220;middle&#8220; column_margin=&#8220;default&#8220; column_direction=&#8220;default&#8220; column_direction_tablet=&#8220;default&#8220; column_direction_phone=&#8220;default&#8220; 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el_class=&#8220;regulations-menu&#8220;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row type=&#8220;in_container&#8220; full_screen_row_position=&#8220;middle&#8220; column_margin=&#8220;default&#8220; column_direction=&#8220;default&#8220; column_direction_tablet=&#8220;default&#8220; column_direction_phone=&#8220;default&#8220; scene_position=&#8220;center&#8220; top_padding=&#8220;1%&#8220; text_color=&#8220;dark&#8220; text_align=&#8220;left&#8220; row_border_radius=&#8220;none&#8220; row_border_radius_applies=&#8220;bg&#8220; overflow=&#8220;visible&#8220; overlay_strength=&#8220;0.3&#8243; gradient_direction=&#8220;left_to_right&#8220; shape_divider_position=&#8220;bottom&#8220; bg_image_animation=&#8220;none&#8220; gradient_type=&#8220;default&#8220; shape_type=&#8220;&#8220;][vc_column column_padding=&#8220;no-extra-padding&#8220; column_padding_tablet=&#8220;inherit&#8220; column_padding_phone=&#8220;inherit&#8220; column_padding_position=&#8220;all&#8220; column_element_direction_desktop=&#8220;default&#8220; column_element_spacing=&#8220;default&#8220; desktop_text_alignment=&#8220;default&#8220; tablet_text_alignment=&#8220;default&#8220; phone_text_alignment=&#8220;default&#8220; background_color_opacity=&#8220;1&#8243; background_hover_color_opacity=&#8220;1&#8243; column_backdrop_filter=&#8220;none&#8220; column_shadow=&#8220;none&#8220; column_border_radius=&#8220;none&#8220; column_link_target=&#8220;_self&#8220; column_position=&#8220;default&#8220; gradient_direction=&#8220;left_to_right&#8220; overlay_strength=&#8220;0.3&#8243; width=&#8220;1\/1&#8243; tablet_width_inherit=&#8220;default&#8220; animation_type=&#8220;default&#8220; bg_image_animation=&#8220;none&#8220; border_type=&#8220;simple&#8220; column_border_width=&#8220;none&#8220; column_border_style=&#8220;solid&#8220;]\r\n    <div class=\"year-switch\">\r\n\r\n        <div>\r\n            <a class=\"prev\" href=\"#\" data-year=\"2025\">\r\n                <img decoding=\"async\" alt=\"arrow left\" src=\"https:\/\/lsfi.lu\/wp-content\/themes\/salient-child\/includes\/lsfi\/timeline\/images\/arrow-left.svg\">\r\n            <\/a>\r\n        <\/div>\r\n\r\n        <div class=\"selected\">\r\n            <span class=\"date\" data-year=\"2026\">\r\n                2026            <\/span>\r\n        <\/div>\r\n\r\n        <div>\r\n            <a class=\"next\" href=\"#\" data-year=\"2027\">\r\n                <img decoding=\"async\" alt=\"arrow right\" src=\"https:\/\/lsfi.lu\/wp-content\/themes\/salient-child\/includes\/lsfi\/timeline\/images\/arrow-right.svg\">\r\n            <\/a>\r\n        <\/div>\r\n\r\n    <\/div>\r\n\t        <div class=\"timeline\" data-year=\"2018\" style=\"display: none\">\r\n            <div class=\"timeline__wrap\">\r\n                <div class=\"timeline__items\">\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"01\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fcf7fb;\r\n                                                     border-color: #cc0099;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>MiFID II:<\/strong> <\/span><a href=\"https:\/\/lsfi.lu\/regulations\/mifid-ii\/\">Application<\/a> of MiFID II (Directive 2014\/65\/EU)\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"03\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fafad2;\r\n                                                     border-color: #cc9933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Low Carbon Benchmark Regulation:<\/strong><\/span> The European Commission announces forthcoming measures to enhance the <a href=\"https:\/\/lsfi.lu\/regulations\/eu-climate-benchmarks-reg\/\">ESG transparency of benchmark methodologies<\/a> and an initiative to develop standards for the methodology of low carbon benchmarks in the EU. A Technical Expert Group is set up to assist the EU to achieve these objectives\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"10\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #f2ef9d;\r\n                                                     border-color: #ffe123;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>IDD:<\/strong> <\/span><a href=\"https:\/\/lsfi.lu\/regulations\/insurance-distribution-directive-idd\/\">Application<\/a> of the IDD (Directive (EU) 2016\/97)\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t        <div class=\"timeline\" data-year=\"2019\" style=\"display: none\">\r\n            <div class=\"timeline__wrap\">\r\n                <div class=\"timeline__items\">\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"03\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #f6f6f6;\r\n                                                     border-color: #0099ff;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>GBS:<\/strong><\/span> Technical Expert Group publishes the \u201c<a href=\"https:\/\/lsfi.lu\/regulations\/the-european-green-bond-standard\/\">Interim Report on EU Green Bond Standard<\/a>\u201d\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"06\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #f6f6f6;\r\n                                                     border-color: #0099ff;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>GBS:<\/strong><\/span> Technical Expert Group publishes the <a href=\"https:\/\/lsfi.lu\/regulations\/the-european-green-bond-standard\/\">final \u201cReport on EU Green Bond Standard\u201d<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"09\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fafad2;\r\n                                                     border-color: #cc9933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Low Carbon Benchmark Regulation:<\/strong><\/span> The Technical Expert Group (TEG) publishes the \u201cClimate benchmarks and benchmarks\u2019 ESG disclosures\u201d report containing the <a href=\"https:\/\/lsfi.lu\/regulations\/eu-climate-benchmarks-reg\/\">TEG\u2019s recommendations<\/a> on standardized disclosures\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"12\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #e7f8ed;\r\n                                                     border-color: #339933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>SFDR:<\/strong> <span style=\"color: #000000;\">R<\/span><\/span>egulation <a href=\"https:\/\/lsfi.lu\/regulations\/sustainable-finance-disclosure-regulation\/\">published in the Journal<\/a> of the EU\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fafad2;\r\n                                                     border-color: #cc9933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Low Carbon Benchmark Regulation:<\/strong><\/span>\r\n<ul>\r\n \t<li>Publication of the Regulation (EU) 2019\/2089 <a href=\"https:\/\/lsfi.lu\/regulations\/eu-climate-benchmarks-reg\/\">\u00a0in the Official Journal<\/a> of the EU<\/li>\r\n \t<li><a href=\"https:\/\/lsfi.lu\/regulations\/eu-climate-benchmarks-reg\/\">Entry into force<\/a> of the Low Carbon Benchmark Regulation (Regulation (EU) 2019\/2089)<\/li>\r\n<\/ul>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t        <div class=\"timeline\" data-year=\"2020\" style=\"display: none\">\r\n            <div class=\"timeline__wrap\">\r\n                <div class=\"timeline__items\">\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"04\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fafad2;\r\n                                                     border-color: #cc9933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Low Carbon Benchmark Regulation:<\/strong> <\/span>Benchmark administrators have to <a href=\"https:\/\/lsfi.lu\/regulations\/eu-climate-benchmarks-reg\/\">comply with the reporting requirements<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"06\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fce6f4;\r\n                                                     border-color: #cc3300;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Taxonomy:<\/strong> <span style=\"color: #000000;\">Publication of the<\/span> <span style=\"color: #000000;\">EU Taxonomy<a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">\u00a0in the Official Journal<\/a> of the EU<\/span><\/span>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"07\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fce6f4;\r\n                                                     border-color: #cc3300;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">Taxonomy:<\/span><\/strong> <a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">Entry into force<\/a> EU Taxonomy\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fafad2;\r\n                                                     border-color: #cc9933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Low Carbon Benchmark Regulation:<\/strong><\/span> EU adopts new rules setting out <a href=\"https:\/\/lsfi.lu\/regulations\/eu-climate-benchmarks-reg\/\">minimum technical requirements<\/a> for the methodology of EU low carbon benchmarks\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"12\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fafad2;\r\n                                                     border-color: #cc9933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Low Carbon Benchmark Regulation:<\/strong><\/span>\r\n<ul>\r\n \t<li>Publication of the <a href=\"https:\/\/lsfi.lu\/regulations\/eu-climate-benchmarks-reg\/\">European Commission Delegated Regulation<\/a> (EU) 2020\/1818 in the Official Journal of the EU<\/li>\r\n \t<li><a href=\"https:\/\/lsfi.lu\/regulations\/eu-climate-benchmarks-reg\/\">Entry into force of the European Commission Delegated<\/a> Regulation (EU) 2020\/1818<\/li>\r\n<\/ul>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t        <div class=\"timeline\" data-year=\"2021\" style=\"display: none\">\r\n            <div class=\"timeline__wrap\">\r\n                <div class=\"timeline__items\">\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"03\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #e7f8ed;\r\n                                                     border-color: #339933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">SFDR:<\/span><\/strong> Application of <a href=\"https:\/\/lsfi.lu\/regulations\/sustainable-finance-disclosure-regulation\/\">SFDR<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"04\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #d1e5f4;\r\n                                                     border-color: #003366;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">CSRD:<\/span><\/strong> European Commission issues a proposal for the <a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-reporting-directive-csrd\/\">CSRD<\/a> to amend the reporting requirements of the NFRD\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #f2ef9d;\r\n                                                     border-color: #ffe123;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">IDD:<\/span> <\/strong><a href=\"https:\/\/lsfi.lu\/regulations\/insurance-distribution-directive-idd\/\">Adoption of the Delegated Regulation<\/a> (EU) 2021\/1257\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"04\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fcf7fb;\r\n                                                     border-color: #cc0099;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>MiFID II:<\/strong> <\/span><a href=\"https:\/\/lsfi.lu\/regulations\/mifid-ii\/\">Adoption of the Delegated Act<\/a> 2021\/1253\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"07\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #f6f6f6;\r\n                                                     border-color: #0099ff;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>GBS:<\/strong><\/span> The European Commission presents its <a href=\"https:\/\/lsfi.lu\/regulations\/the-european-green-bond-standard\/\">proposal for a Regulation<\/a> on EU Green Bond Standard\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"08\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fcf7fb;\r\n                                                     border-color: #cc0099;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>MiFID II<\/strong><\/span>:\r\n<ul>\r\n \t<li>Publication of Delegated Act 2021\/1253 integrating <a href=\"https:\/\/lsfi.lu\/regulations\/mifid-ii\/\">sustainability preferences<\/a> in the Official Journal of the EU<\/li>\r\n \t<li><a href=\"https:\/\/lsfi.lu\/regulations\/mifid-ii\/\">Entry into force<\/a> of the Delegated Act 2021\/1253<\/li>\r\n<\/ul>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #f2ef9d;\r\n                                                     border-color: #ffe123;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">IDD:<\/span><\/strong> <a href=\"https:\/\/lsfi.lu\/regulations\/insurance-distribution-directive-idd\/\">Publication of the Delegated Regulation (EU)<\/a> 2021\/1257 in the Official Journal of the European Union\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"08\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #f2ef9d;\r\n                                                     border-color: #ffe123;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>IDD:<\/strong> <\/span><a href=\"https:\/\/lsfi.lu\/regulations\/insurance-distribution-directive-idd\/\">Entry into force of the Commission Delegated Regulation (EU) 2021\/1257<\/a> of 21 April 2021 amending Delegated Regulations (EU) 2017\/2358 and (EU) 2017\/2359 as regards the integration of sustainability factors.\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"12\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fce6f4;\r\n                                                     border-color: #cc3300;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Taxonomy:<\/strong> <\/span>\r\n<ul>\r\n \t<li><span style=\"color: #003366;\"><span style=\"color: #000000;\">Publication of<\/span> f<\/span>irst Delegated Act (EU) 2021\/2139 on sustainable activities for <a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">climate change adaptation and climate change mitigation objectives<\/a>\u00a0in the Official Journal of the EU<\/li>\r\n \t<li>Entry into force of the <a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">Delegated Act 2021\/2178<\/a> on disclosures in line with the EU Taxonomy<\/li>\r\n<\/ul>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t        <div class=\"timeline\" data-year=\"2022\" style=\"display: none\">\r\n            <div class=\"timeline__wrap\">\r\n                <div class=\"timeline__items\">\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"01\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fce6f4;\r\n                                                     border-color: #cc3300;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Taxonomy: <\/strong><a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\"><span style=\"color: #000000;\">Application of <\/span><span style=\"color: #000000;\">F<\/span><\/a><\/span><span lang=\"EN-GB\"><span style=\"color: #000000;\">i<\/span>rst Delegated Act 2021\/2139 for economic activities contributing to climate change adaptation and climate change mitigation <\/span>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"02\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #e6e6fa;\r\n                                                     border-color: #cf9fff;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>CSDDD:<\/strong><\/span> The European Commission <a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-due-diligence-directive\/\">issues its proposal <\/a>for CSDDD\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"04\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #e7f8ed;\r\n                                                     border-color: #339933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>SFDR:<\/strong><\/span> Adoption of the <a href=\"https:\/\/lsfi.lu\/regulations\/sustainable-finance-disclosure-regulation\/\">SFDR-RTS<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"07\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #e6e6fa;\r\n                                                     border-color: #cf9fff;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>CSDDD:<\/strong> <\/span>The EU Council releases a <a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-due-diligence-directive\/\">\u2018general approach\u2019 to the proposal<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"08\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #f2ef9d;\r\n                                                     border-color: #ffe123;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>IDD:<\/strong> <\/span>Application of the Commission Delegated Regulation (EU) 2021\/1257.\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"12\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #d1e5f4;\r\n                                                     border-color: #003366;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">CSRD:<\/span><\/strong>\r\n<ul>\r\n \t<li><a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-reporting-directive-csrd\/\">Adoption<\/a> of CSRD by the European Parliament<\/li>\r\n \t<li>Publication of <a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-reporting-directive-csrd\/\">final text of CSRD<\/a> in the Official Journal of the EU<\/li>\r\n<\/ul>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t        <div class=\"timeline\" data-year=\"2023\" style=\"display: none\">\r\n            <div class=\"timeline__wrap\">\r\n                <div class=\"timeline__items\">\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"01\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fce6f4;\r\n                                                     border-color: #cc3300;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Taxonomy:<\/strong><\/span> Application of the <a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">EU Taxonomy<\/a> extension for specific gas and nuclear activities\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #d1e5f4;\r\n                                                     border-color: #003366;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>CSRD<\/strong><\/span>: Entry into <a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-reporting-directive-csrd\/\">effect<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"01\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #e7f8ed;\r\n                                                     border-color: #339933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">SFDR:<\/span> <\/strong>\r\n<ul>\r\n \t<li>Application date of <a href=\"https:\/\/lsfi.lu\/regulations\/sustainable-finance-disclosure-regulation\/\">SFDR-RTS<\/a><\/li>\r\n \t<li>Mandatory <a href=\"https:\/\/lsfi.lu\/regulations\/sustainable-finance-disclosure-regulation\/\">use of disclosure templates<\/a> introduced by SFDR-RTS<\/li>\r\n<\/ul>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"02\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #e7f8ed;\r\n                                                     border-color: #339933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>SFDR:<\/strong><\/span> Introduction of revised <a href=\"https:\/\/lsfi.lu\/regulations\/sustainable-finance-disclosure-regulation\/\">disclosure templates<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #f6f6f6;\r\n                                                     border-color: #0099ff;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">GBS:<\/span> <\/strong>After inter-institutional negotiations, co-legislators <a href=\"https:\/\/lsfi.lu\/regulations\/the-european-green-bond-standard\/\">reach a provisional agreement<\/a> regarding the European Commission proposal for a Regulation on EU Green Bond Standard\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"03\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fcf7fb;\r\n                                                     border-color: #cc0099;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">MiFID II:<\/span><\/strong> ESMA issues revised guidelines on <a href=\"https:\/\/lsfi.lu\/regulations\/mifid-ii\/\">MiFID II<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"04\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fce6f4;\r\n                                                     border-color: #cc3300;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Taxonomy:<\/strong><\/span>\r\n<ul>\r\n \t<li>Publication of draft second Delegated Act concerning the <a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">remaining four objectives<\/a>\u00a0by the European Commission<\/li>\r\n \t<li>European Commission publishes additional Delegated Act amending the <a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">first Delegated Act 2021\/2139<\/a><\/li>\r\n<\/ul>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #e7f8ed;\r\n                                                     border-color: #339933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">SFDR:<\/span> <\/strong>Publication of a <a href=\"https:\/\/lsfi.lu\/regulations\/sustainable-finance-disclosure-regulation\/\">joint consultation paper <\/a><span lang=\"EN-GB\">by the European Supervisory Authorities <\/span>following the review of the SFDR Delegated Regulation regarding PAIs and financial product disclosures\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"04\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fcf7fb;\r\n                                                     border-color: #cc0099;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<div><span lang=\"EN-US\"><span style=\"color: #003366;\"><strong>MiFID II:<\/strong><\/span> <a href=\"https:\/\/lsfi.lu\/regulations\/mifid-ii\/\">Adoption of the Delegated Act<\/a> 2021\/1253<\/span><\/div>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"05\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fce6f4;\r\n                                                     border-color: #cc3300;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">Taxonomy: <\/span><\/strong><span style=\"color: #003366;\"><span style=\"color: #000000;\">Close of the feedback period on the second Delegated Act for the remaining 4<\/span> <\/span><a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">environmental objectives<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"06\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #e6e6fa;\r\n                                                     border-color: #cf9fff;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">CSDDD:<\/span><\/strong> Proposal <a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-due-diligence-directive\/\">adopted<\/a> by the European Parliament\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #e7f8ed;\r\n                                                     border-color: #339933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">SFDR:<\/span><\/strong> Final date to report for the first time over reference year 2022 on <a href=\"https:\/\/lsfi.lu\/regulations\/sustainable-finance-disclosure-regulation\/\">PAIs of investment decisions<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"06\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #d1e5f4;\r\n                                                     border-color: #003366;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>CSRD: <\/strong><\/span><span style=\"color: #000000;\"><a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-reporting-directive-csrd\/\">Issuance of the draft Delegated Act<\/a>, including set 1 reporting standards \"ESRS\"\u00a0<\/span>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fce6f4;\r\n                                                     border-color: #cc3300;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Taxonomy:<\/strong><\/span> <a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">Adoption of the proposal Delegated Act<\/a> fo<span lang=\"EN-GB\">r the remaining four environmental objective <\/span>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"07\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #e7f8ed;\r\n                                                     border-color: #339933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>SFDR:<\/strong> <span style=\"color: #000000;\">End of the consultation period for the j<\/span><\/span><span lang=\"EN-GB\">oint consultation paper published on 12 April 2023 for the <\/span><span style=\"color: #003366;\"><span style=\"color: #000000;\">revised SFDR-RTS<\/span><\/span>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #d1e5f4;\r\n                                                     border-color: #003366;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><b>CSRD: <\/b><\/span>The European Commission adopts the Delegated Act with the <a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-reporting-directive-csrd\/\">first set of ESRS<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"09\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #e7f8ed;\r\n                                                     border-color: #339933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>SFDR:<\/strong> <span style=\"color: #000000;\">The<\/span> <span style=\"color: #000000;\">European Commission publishes its <a href=\"https:\/\/lsfi.lu\/regulations\/sustainable-finance-disclosure-regulation\/\">consultation on the implementation of SFDR<\/a><\/span><\/span>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"10\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fcf7fb;\r\n                                                     border-color: #cc0099;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>MiFID II:<\/strong> <\/span>\r\n<ul>\r\n \t<li>Application of <a href=\"https:\/\/lsfi.lu\/regulations\/mifid-ii\/\">ESMA\u2019s update<\/a> of two sets of guidelines on suitability and product governance<\/li>\r\n \t<li>ESMA announces that it will <a href=\"https:\/\/lsfi.lu\/regulations\/mifid-ii\/\">launch a common supervisory action<\/a> (\u201cCSA\u201d) with national competent authorities (\u201cNCAs\u201d) on the integration of sustainability in credit institutions as well as investment firms\u2019 MiFID 2 suitability assessment and product governance processes and procedures in 2024<\/li>\r\n<\/ul>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #f6f6f6;\r\n                                                     border-color: #0099ff;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>GBS:<\/strong><\/span>\r\n<ul>\r\n \t<li><span style=\"color: #003366;\">Adoption<\/span> by the European Parliament<\/li>\r\n \t<li><a href=\"https:\/\/lsfi.lu\/regulations\/the-european-green-bond-standard\/\">Adoption<\/a> by the Council<\/li>\r\n<\/ul>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"10\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fce6f4;\r\n                                                     border-color: #cc3300;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Taxonomy:<\/strong><\/span>\r\n<ul>\r\n \t<li>The European Platform on Sustainable Finance <a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">launches its Taxonomy Stakeholder Request Mechanism<\/a><\/li>\r\n \t<li>The European Commission approves a<a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\"> Delegated Directive<\/a> to adjust size categories to account for inflation. The Delegated Directive is set for adoption by the European Parliament and the EU Council in Q4 2023<\/li>\r\n<\/ul>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #d1e5f4;\r\n                                                     border-color: #003366;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>CSRD:<\/strong><\/span>\r\n<ul>\r\n \t<li>EFRAG launches its Q&amp;A platform on the ESRS<\/li>\r\n \t<li>EFRAG publishes a draft Excel list containing the <a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-reporting-directive-csrd\/\">ESRS data points<\/a><\/li>\r\n<\/ul>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"11\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #d1e5f4;\r\n                                                     border-color: #003366;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><b>CSRD: <\/b><\/span><a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-reporting-directive-csrd\/\">Adoption<\/a> of Set 2 standards\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fce6f4;\r\n                                                     border-color: #cc3300;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Taxonomy:<\/strong><\/span>\r\n<ul>\r\n \t<li>Publication in the Official Journal of the EU of the <a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">final text of the Delegated Act (EU) 2023\/2486<\/a> for the remaining four environmental objectives<\/li>\r\n \t<li>Publication in the Official Journal of the EU of the <a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">final text of the Delegated Act (EU) 2023\/2485<\/a> supplementing the Taxonomy Regulation (EU) 2020\/852 and amending Regulation (EU) 2021\/2139 on Climate change mitigation and adaptation<\/li>\r\n<\/ul>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"12\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fce6f4;\r\n                                                     border-color: #cc3300;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">Taxonomy:<\/span><\/strong> <a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">Entry into force<\/a> of the Delegated Act (EU) 2023\/2486 and of the Delegated Act (EU) 2023\/2485\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fce6f4;\r\n                                                     border-color: #cc3300;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>Taxonomy:<\/strong> <\/span>All submitted requests received via the <a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">Taxonomy Stakeholder Request Mechanism<\/a> will be processed by the <a href=\"https:\/\/finance.ec.europa.eu\/sustainable-finance\/overview-sustainable-finance\/platform-sustainable-finance_en#subgroups\">Platform\u2019s Technical Working Group<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"12\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #e7f8ed;\r\n                                                     border-color: #339933;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>SFDR:<\/strong> <\/span>End of public consultation <a href=\"https:\/\/lsfi.lu\/regulations\/sustainable-finance-disclosure-regulation\/\">on SFDR<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #f6f6f6;\r\n                                                     border-color: #0099ff;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>GBS:<\/strong><\/span> <a href=\"https:\/\/lsfi.lu\/regulations\/the-european-green-bond-standard\/\">Entry into force<\/a> of the EU GBS Regulation\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t        <div class=\"timeline\" data-year=\"2024\" style=\"display: none\">\r\n            <div class=\"timeline__wrap\">\r\n                <div class=\"timeline__items\">\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"01\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #fce6f4;\r\n                                                     border-color: #cc3300;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">Taxonomy:<\/span><\/strong>\r\n<ul>\r\n \t<li><span style=\"color: #000000;\"><a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">Application date<\/a> of the second Delegated Act (EU) 2023\/2486\u00a0for economic activities contributing to the remaining four environmental objectives<\/span><\/li>\r\n \t<li><span style=\"color: #000000;\">Application date of the <a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">Delegated Act (EU) 2023\/2485<\/a> supplementing the Taxonomy Regulation (EU) 2020\/852 and amending Regulation (EU) 2021\/2139 on Climate change mitigation and adaptation<\/span><\/li>\r\n<\/ul>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #d1e5f4;\r\n                                                     border-color: #003366;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>CSRD:<\/strong><\/span> <a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-reporting-directive-csrd\/\">Application date<\/a> of the CSRD\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"06\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #f6f6f6;\r\n                                                     border-color: #0099ff;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>GBS: <\/strong><span style=\"color: #000000;\">Deadline to respond to<\/span><span style=\"color: #000000;\">\u00a0<\/span><\/span><span style=\"color: #000000;\">ES<\/span>MA consultation on \"Draft regulatory technical standards (RTS)\"\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"07\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #d1e5f4;\r\n                                                     border-color: #003366;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>CSRD:<\/strong><\/span> Deadline for Member States to implement the <a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-reporting-directive-csrd\/\">requirements into national law<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"11\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #d1e5f4;\r\n                                                     border-color: #003366;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>CSRD:<\/strong><\/span> <a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-reporting-directive-csrd\/\">Adoption of Set 3<\/a> standards foreseen\r\n\r\n&nbsp;\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"12\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #f6f6f6;\r\n                                                     border-color: #0099ff;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<strong><span style=\"color: #003366;\">GBS:<\/span><\/strong> <a href=\"https:\/\/lsfi.lu\/regulations\/the-european-green-bond-standard\/\">Application date<\/a> of the EU GBS Regulation\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t        <div class=\"timeline\" data-year=\"2025\" style=\"display: none\">\r\n            <div class=\"timeline__wrap\">\r\n                <div class=\"timeline__items\">\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"01\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #d1e5f4;\r\n                                                     border-color: #003366;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>CSRD:<\/strong> <\/span>EU-based companies in scope of the NFRD <a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-reporting-directive-csrd\/\">must report for the financial year 2024<\/a>\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t        <div class=\"timeline\" data-year=\"2026\" style=\"display: none\">\r\n            <div class=\"timeline__wrap\">\r\n                <div class=\"timeline__items\">\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"01\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #d1e5f4;\r\n                                                     border-color: #003366;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>CSRD:<\/strong> <\/span><a href=\"https:\/\/lsfi.lu\/regulations\/corporate-sustainability-reporting-directive-csrd\/\">Application<\/a> of CSRD\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                        <div class=\"timeline__item\" data-content=\"06\">\r\n                            <div class=\"timeline__content\">\r\n\r\n\t\t\t\t\t\t\t\t\r\n                                    <div>\r\n                                        <div class=\"vertical-line before\"><\/div>\r\n                                        <div class=\"timeline-event\"\r\n                                             style=\"background-color: #d1e5f4;\r\n                                                     border-color: #003366;\">\r\n\t\t\t\t\t\t\t\t\t\t\t<span style=\"color: #003366;\"><strong>CSRD: <\/strong><\/span><a href=\"https:\/\/lsfi.lu\/regulations\/taxonomy-regulation\/\">Expected adoption of the Delegated Act<\/a> with the sector-specific standards.\r\n                                        <\/div>\r\n                                        <div class=\"vertical-line after\"><\/div>\r\n                                    <\/div>\r\n\r\n\t\t\t\t\t\t\t\t                            <\/div>\r\n                        <\/div>\r\n\t\t\t\t\t                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n\t\r\n    <div class=\"timeline-legend\">\r\n\r\n        <div class=\"legend-headline\">\r\n            <h3>Regulations \u2013 key<\/h3>\r\n        <\/div>\r\n\t\t\r\n            <div class=\"item\">\r\n                <span class=\"line\" style=\"background-color: #ffe123;\"><\/span>\r\n                <span>ESG Rating Regulation <\/span>\r\n            <\/div>\r\n\r\n\t\t\r\n            <div class=\"item\">\r\n                <span class=\"line\" style=\"background-color: #ffe123;\"><\/span>\r\n                <span>ESMA Fund Naming Guidelines<\/span>\r\n            <\/div>\r\n\r\n\t\t\r\n            <div class=\"item\">\r\n                <span class=\"line\" style=\"background-color: #cc3300;\"><\/span>\r\n                <span>Taxonomie<\/span>\r\n            <\/div>\r\n\r\n\t\t\r\n            <div class=\"item\">\r\n                <span class=\"line\" style=\"background-color: #339933;\"><\/span>\r\n                <span>SFDR<\/span>\r\n            <\/div>\r\n\r\n\t\t\r\n            <div class=\"item\">\r\n                <span class=\"line\" style=\"background-color: #cc0099;\"><\/span>\r\n                <span>MiFID II<\/span>\r\n            <\/div>\r\n\r\n\t\t\r\n            <div class=\"item\">\r\n                <span class=\"line\" style=\"background-color: #ffe123;\"><\/span>\r\n                <span>IDD<\/span>\r\n            <\/div>\r\n\r\n\t\t\r\n            <div class=\"item\">\r\n                <span class=\"line\" style=\"background-color: #003366;\"><\/span>\r\n                <span>CSRD<\/span>\r\n            <\/div>\r\n\r\n\t\t\r\n            <div class=\"item\">\r\n                <span class=\"line\" style=\"background-color: #cf9fff;\"><\/span>\r\n                <span>CSDDD<\/span>\r\n            <\/div>\r\n\r\n\t\t\r\n            <div class=\"item\">\r\n                <span class=\"line\" style=\"background-color: #cc9933;\"><\/span>\r\n                <span>Kohlenstoffarme Referenzwerte<\/span>\r\n            <\/div>\r\n\r\n\t\t\r\n            <div class=\"item\">\r\n                <span class=\"line\" style=\"background-color: #0099ff;\"><\/span>\r\n                <span>GBS<\/span>\r\n            <\/div>\r\n\r\n\t\t    <\/div>\r\n\r\n    <script>\r\n\r\n        let lastDate = '2026';\r\n        let firstDate = '2018';\r\n\r\n        jQuery(document).ready(function () {\r\n\r\n            let shortMonthNames = moment.monthsShort();\r\n\r\n            let screenWith = jQuery(window).width();\r\n            let visibleItems = 4;\r\n            if (screenWith < 900) {\r\n             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