The European Commission published, on Friday 14 April, the answers to the questions raised by the European Financial Supervisory Authorities (ESAs) - ESMA, EBA and EIOPA - on the ‘SFDR’ regulation on sustainable finance disclosures.
“The application of the SFDR requirements represents a challenge to industry and regulators and these Q&As aim to offer guidance to facilitate the proper implementation of the rules”, explained the Commissioner for Financial Services, Mairead McGuinness, in a statement.
The purpose of these Q&As is to help financial market participants apply the regulation, in particular in the context of the requirements of the regulatory technical standards in force since January 2023. It is also about clarifying the interaction between the SFDR regulation and the different elements of the sustainable finance framework.
“In parallel, we will continue our comprehensive assessment of the SFDR with a focus on ensuring legal certainty, increased usability and the mitigation of greenwashing”, the Commissioner said.
MEPs had asked the Commission for this clarification during a debate with Ms McGuinness last January (see EUROPE 13103/21).
A public consultation is planned for the autumn. (Original version in French by Anne Damiani)