SFDR RTS - European Commission Delays Application to 1 January 2023

[33925]

November 30, 2021

TO: ICI Global Members
ESG Task Force
EU ESG Disclosure Regulation Working Group SUBJECTS: ESG
International/Global RE: SFDR RTS - European Commission Delays Application to 1 January 2023

 

The European Commission will delay the application of the Regulatory Technical Standards (RTS)[1] under the Sustainable Finance Disclosure Regulation (SFDR) to 1 January 2023, as announced in a letter to the European Parliament and Council of the European Union.[2]  The letter notes that the first detailed reporting on the principal adverse impact indicators under Article 4 of the SFDR would be due 30 June 2023, for the reference period 1 January 2022 to 31 December 2022.

 

Anna Driggs
Director and Associate Chief Counsel
ICI Global

 

endnotes

[1] For a summary of the SFDR RTS, see Memorandum No. 33924, dated 29 November 2021, available at https://www.ici.org/memo33924.

[2] See https://www.esma.europa.eu/sites/default/files/library/com_letter_to_ep_and_council_sfdr_rts-j.berrigan.pdf.