SFDR News: European Commission adopts final RTS under SFDR
7th April 2022
On 6 April 2022, the European Commission adopted the Delegated Regulation (DR) consolidating the Regulatory Technical Standards (RTS) prepared by the European Supervisory Authorities (ESAs) under the Sustainable Finance Disclosures Regulation into a single legal act.
The Delegated Regulation specifies the content, methodology and presentation of the information to be disclosed by Financial Market Participants in accordance with SFDR (as amended).
The RTS will be formally transmitted to the European Parliament and the Council who have 3 months to scrutinize these.
Once scrutinised and adopted, the requirements can enter into force and will be applied as of 1 January 2023.