The 10 March 2021 deadline has passed for compliance with the first phase of requirements under the Sustainable Finance Disclosures Regulation (SFDR). For regulated investment funds and fund management companies, in practical terms, that meant publishing new website disclosure and filing updated Irish UCITS and AIF prospectuses containing sustainability disclosures with the Central Bank of Ireland.
For now there is time to pause SFDR analysis, but not for long as the next phase approaches. Draft finalized SFDR regulatory technical standards and a consultation on the Taxonomy disclosures are in circulation. The deadline for compliance with the next phase of requirements is set for 1 January 2022.
As part of our Soundbite Series, the Asset Management & Investment Funds team summarises what to focus on next for SFDR.