Recital 28

(28)For the purpose of integrating sustainability-related transparency requirements in Regulation (EU) 2017/2402, EBA, in close cooperation with the European Supervisory Authority (European Securities and Markets Authority) (ESMA), established by Regulation (EU) No 1095/2010 of the European Parliament and of the Council ¹⁰ , and the European Supervisory Authority (European Insurance and Occupational Pensions Authority) (EIOPA), established by Regulation (EU) No 1094/2010 of the European Parliament and of the Council ¹¹ , should be mandated to publish a report on developing a specific sustainable securitisation framework. That report should duly assess, in particular, the introduction of sustainability factors, the implementation of proportionate disclosure and due diligence requirements, the content, methodologies and presentation of information in relation to environmental, social and governance-related adverse impacts, and any potential effects on financial stability and on the scaling up of the Union securitisation market and of bank lending capacity. Based on that report, the Commission should submit a report to the European Parliament and to the Council on the creation of a specific sustainable securitisation framework, together with a legislative proposal, if appropriate.