Publications related to Regulation (EU) 2019/2088 – SFDR and Regulation (EU) 2020/852 – the EU Taxonomy Regulation

The CSSF would like to draw attention to recent publications made by the European Supervisory Authorities (“the ESAs”) in respect of Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (“SFDR”) and of Regulation (EU) 2020/852 on the establishment of a framework to facilitate sustainable investment (“the EU Taxonomy Regulation”).

Q&As of the European Commission

The ESAs published Q&As adopted by the European Commission on 13 May 2022, following the submission by the ESAs of further queries related to the interpretation of the SFDR and the EU Taxonomy Regulation.

A first set of Q&As had been adopted by the European Commission and published by the ESAs in July 2021 (please refer to the CSSF Communiqué published on 30 July 2021).

Supervisory Briefing published by the European Securities and Markets Authority (ESMA)

ESMA published on 31 May 2022 a Supervisory Briefing on the integration of sustainability risks and disclosures in the area of asset management.

Clarifications on the draft regulatory technical standards (RTS)

The ESAs published on 2 June 2022 a statement providing clarifications on the ESAs’ draft RTS issued under SFDR.