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ARTICLE · 15 JUNE 2021

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SFDR: Preparing For Level 2 Compliance – 1 January 2022 Deadline

Arthur Cox
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The Sustainable Finance Disclosures Regulation ("SFDR") applied from 10 March 2021 and financial market participants, which include AIFMs, UCITS management companies and self-managed investment companies.

IrelandFinance and Banking
Kevin Murphy
Kevin Murphy
Tara O'Reilly
Tara O'Reilly
Dara Harrington
Dara Harrington
Cormac Commins
Cormac Commins
Ian Dillon
Ian Dillon
Siobhan McBean
Siobhan McBean
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The Sustainable Finance Disclosures Regulation ("SFDR") applied from 10 March 2021 and financial market participants, which include AIFMs, UCITS management companies and self-managed investment companies ("Fund Management Companies"), were required to comply with a number of high-level principles-based disclosure requirements by that date. These included prospectus updates and website disclosures as well as the updating or preparation of a sustainability risk policy. The SFDR Level 1 requirements are supplemented by more detailed Level 2 requirements ("SFDR RTS") and these requirements are due to enter into force from 1 January 2022. From that date, Fund Management Companies must comply with detailed pre-contractual and annual reporting disclosures and must make these disclosures in the mandatory templates which are set out in the annexes to the SFDR RTS for relevant products. (The requirements around Principal Adverse Impact reporting will be considered in a

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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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