On 25 March, the Joint Committee of the European Supervisory Authorities (ESAs), which includes the European Banking Authority (EBA), European Securities and Markets Authority (ESMA) and the European Insurance and Occupational Pensions Authority (EIOPA) issued an updated statement outlining guidance on the application of the Sustainable Finance Disclosure Regulation (SFDR), as well as disclosures under Articles 5 and 6 of the Taxonomy Regulation.
The guidance has been released to market participants in the absence of the final SFDR Regulatory Technical Standards (RTS), which now applies from 01 January 2023. To view the statement click here.
To learn more, visit ISLA’s Sustainable Finance Disclosure Regulation page where you can view a matrix created jointly by ISLA’s ESG Steering Group and Allen & Overy on how firms can determine their requirements under SFDR.
