Our response to the European Comission’s SFDR call for evidence
We focus on 5 critical issues the revision of the SFDR should address :
- Any new approach to sustainable financial product categorisation must be based on retail investors’ sustainability-related objectives and integrate the concept of “investor impact”/”impact generating investments”
- Adapt the MiFID II/IDD sustainability preference categories to the new SFDR categorisation approach and clarify the definition of sustainability-related objectives at the earliest opportunity
- Alongside any technical clarification of definitions and concepts in the SFDR, care must also be taken to ensure retail investors are furnished with adequate and easily understandable information about financial products
- Ensure strong adherence to the better regulation principles and avoid earlier pitfalls which materialised with concurrent development of sustainable finance regulation under the Action Plan
- Any review of PAI indicators must also address the current concerns about lack of reliability in relation to quantitative data which is reported
Click here to read full report:
Revision of the Sustainable Finance Disclosure Regulation: Response to call for Evidence
