Review of the SFDR disclosures – public event on the European Supervisory Authorities’ consultation
During this public event, the European Supervisory Authorities presented their proposals and answered stakeholders’ questions about the draft amending Regulatory Technical Standards (RTS) revising the disclosures under the Sustainable Finance Disclosure Regulation (SFDR). In a consultation paper published on 12 April 2023, the ESAs have proposed RTS that would amend the SFDR Delegated Regulation (Commission Delegated Regulation (EU) 2022/1288) in response to a mandate by the European Commission to review those disclosures. The consultation paper contains proposals, inter alia, on:
- New social indicators for principal adverse impact (PAI) disclosures;
- New product disclosure of greenhouse gas emissions reduction targets; and
- Simplifications to the financial product templates.
The public hearing is of interest to stakeholders affected by the SFDR disclosures, in particular financial market participants, their representative associations, environmental associations, investor representatives or consumer bodies, and consultants or academics and representatives from the EU and national institutions. The public hearing took place on 6 June 2023 from 09:30 – 16:30 (Paris time) as an online webinar.
Please note that this online webinar was video recorded in compliance with ESMA`s data protection policy and made available publicly after the hearing. When registering and attending this webinar you explicitly consent to the collection, storage and the processing of your personal data and the dissemination of the audio and video recordings publicly in accordance with ESMA’s audio and video communications record. More information on how ESMA processes personal data.