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ARTICLE · 21 MAY 2024

EU SFDR Review: Summary Of Industry Views

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The European Commission has published a Summary Report summarising the responses to its September 2023 consultations on the Sustainable Finance Disclosure Regulation (SFDR).

Timor-LesteFinance and Banking

The European Commission has published a Summary Report summarising the responses to its September 2023 consultations on the Sustainable Finance Disclosure Regulation (SFDR).

Although the Summary Report does not include any indication of the Commission's thinking or possible future changes, it provides a useful (and sometimes surprising) insight into the industry's views on SFDR and the future of the EU's sustainable finance regime.

The Commission notes:

  • Support for setting uniform disclosures for all financial products in the EU plus additional reporting for products making sustainability claims.

  • Support for a categorisation system.

  • Split responses on whether to convert Articles 8 and 9 into categories or use new criteria.

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