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ARTICLE · 31 MAY 2022

SFDR PAI At Entity And Product Levels

Arthur Cox
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The European Commission has published its answers to the ESAs' recent questions on the Sustainable Finance Disclosures Regulation (SFDR) and the Taxonomy Regulation. The topics covered include...

IrelandFinance and Banking
Sarah Thompson
Sarah Thompson
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The European Commission has published its answers to the ESAs' recent questions on the Sustainable Finance Disclosures Regulation (SFDR) and the Taxonomy Regulation. The topics covered include:

  • Principal adverse impact (PAI) disclosures and whether a financial market participant is able to not consider PAI at entity level but still consider PAI under Article 7 of the SFDR for some of the financial products it manages.
  • Financial advisers and recommendations of financial products.
  • The transparency of the integration of sustainability risks and rules for financial products that are no longer made available.
  • Good governance practices, including financial products investing solely in government bonds.

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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