The European Commission has opened an extensive review into how SFDR has been implemented in financial services since its 2021 launch, and whether further changes are necessary.
SFDR came into effect in March 2021, requiring financial market participants and advisers to disclose how they integrate sustainability risks and principal adverse impacts in their processes at both entity and product levels. Article 8 and 9 labels could be scrapped in upcoming SFDR consultation - reports Just over two years on, the Commission is opening a widespread review of the regulations, unveiling a 44-page-long online questionnaire, which has a four-stage agenda to provide feedback on current SFDR requirements and its interactions with other sustainable finance legislation, as ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
