Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 28 JANUARY 2021

New ESG Disclosure Obligations From March 10, 2021

POELLATH
Explore more from POELLATH

From March 10, 2021, the main parts of the European Sustainable Finance Disclosure Regulation ((EU) 2019/2088 – SFDR) will apply.

GermanyFinance and Banking
Tobias Lochen
Tobias Lochen
Robert Eberius
Robert Eberius
Author LinkedIn connections

From March 10, 2021, the main parts of the European Sustainable Finance Disclosure Regulation ((EU) 2019/2088 – SFDR) will apply. The SFDR will establish, among other things, comprehensive transparency obligations for AIFMs and financial advisers regarding certain sustainability aspects.

EXECUTIVE SUMMARY

-Going forward, information on various sustainability criteria must be published both on the website and in marketing documents. These obligations will apply as of March 10, 2021 already.

-The obligations apply in particular to all AIFMs and investment advisers in the so-called advisory models. Basic information must be provided, regardless of whether sustainability criteria play a role in investment decisions and recommendations. Advertising in marketing is also not a requirement.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

From Rulebook To Market Architecture: MiCAR 1.0, The Emerging MiCAR 2.0, MISP And The EU–UK–US Divide

The Markets in Crypto-Assets Regulation (MiCAR) was designed to bring crypto-assets within a common EU regulatory perimeter, but recent developments reveal a more complex picture. Three decisive developments in October 2026—the Council's position on the Market Integration and Supervision Package, the MiCAR review consultation responses, and ESMA's supervisory action—expose critical gaps in how digital money, tokenised financial instruments, and market infrastructure fit together.
European UnionFinance and Banking
PwC Legal Germany
PwC Legal Germany
Article

MiCAR 2.0: Reading The Further ESMA, ESRB, AMLA And SRB Responses Together

European financial regulators ESMA, ESRB, AMLA, and SRB have published responses to the EU's Markets in Crypto-Assets Regulation review, proposing reforms across classification, market conduct, financial crime controls, and crisis management. The responses raise critical questions about crypto-asset service providers' permissions, client rights, and operational continuity during participant failures. Firms face three immediate priorities: remediating non-compliant stablecoin services by early 2027, testing
GermanyFinance and Banking
PwC Legal Germany
PwC Legal Germany
Article

MISP Moves Into Political Negotiation: What More Than 1,900 Amendments Mean For The EU’s Future Market Architecture

The European Parliament has tabled over 1,900 amendments to the Market Integration and Supervision Package, transforming it from a straightforward proposal into a complex negotiation between competing models for European market supervision and infrastructure. As the Commission's original December 2025 proposal becomes obsolete and multiple parliamentary drafts emerge with conflicting visions, financial firms face critical questions about which supervisory architecture will ultimately govern their licenses
GermanyFinance and Banking
PwC Legal Germany
PwC Legal Germany
Article

BFH Updates On Business Facilities (Extended Trade Tax Deduction)

Last fall, the Federal Fiscal Court (BFH) published three new rulings on the topic of business premises and extended trade tax deductions (BFH, July 24, 2025 – III R 23/23, DB 2025 p. 3016; BFH, September 25, 2025 – IV R 31/23, DB 2025 p. 3157; BFH, Sept. 25, 2025 – IV R 9/24). Although two rulings were in favor of the respective taxpayers, the issue of ancillary rental services in the context of the extended trade tax deduction remains a “hot topic” in trade tax assessment.
GermanyTax
POELLATH
POELLATH