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ARTICLE · 02 APRIL 2025

MiFID II Sustainability Requirements

We would like to bring to your attention the circular (C680) issued by the Cyprus Securities and Exchange Commission (CySEC) on 31 January 2025 concerning the European Securities and Markets Authority's (ESMA) Common Supervisory Approach (CSA) 2024-25 on MiFID II sustainability requirements.

CyprusStrategy

Update: CySEC Circular C680 on ESMA's CSA 2024-25

MiFID II Sustainability Requirements

We would like to bring to your attention the circular (C680) issued by the Cyprus Securities and Exchange Commission (CySEC) on 31 January 2025 concerning the European Securities and Markets Authority's (ESMA) Common Supervisory Approach (CSA) 2024-25 on MiFID II sustainability requirements.

Key areas of focus include:

  • Collection of client information on sustainability preferences.
  • Proper categorisation of investment products with sustainability factors.
  • Ensuring suitability of investments concerning sustainability.
  • Defining sustainability objectives in target market assessments.

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