EU delays SFDR application date
The European Commission has decided to delay the application of the SFDR’s second phase by six months to 1 July 2022, The Drawdown understands.
The delay aims to ensure a smooth implementation of the standards by fund managers, financial advisers and relevant supervisors. It is understood the decision has been taken due to the length and technical detail of the SFDR’s regulatory technical standards (RTS), including the late submissions to the Commission and envisaged amendments.
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Categories: NewsESGESG regulationRegs & ComplianceRegulatory update
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