Addressing the contribution of EU financial markets to unsustainable business practices is vital to realising the EU’s commitments on sustainability. In this chapter, we assess recent EU legislative progress in this field. We argue that legislative and regulatory mechanisms in the field of financial regulation are progressing too slowly to meet the EU’s self-imposed targets for sustainability. We argue that, on current trajectories, a fundamental recalibration of reform efforts is required in relation to financial system participants if a reduction in the funding of activities that cause damage to the environment and to the social foundation of humanity is to be achieved. To this end, we provide a menu of rapid and meaningful policy interventions.