EU delays SFDR, again
The European Commission has delayed the second phase of application of the Sustainable Finance Disclosure Regulation (SFDR) by a further six months, to 1 January 2023.
This further delay follows the Commission’s previous postponement of SFDR’s second phase of application, (originally delayed from 1 January 2022 to 1 July 2022), which was announced in July.
The announcement also follows delays in the adoption of the regulatory technical standards for Taxonomy-related disclosures for Article 8 and 9 SFDR products, of which the final report was published on 22 October.
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