Central Bank Of Ireland SFDR Workshop

On 22 October 2024, the Central Bank of Ireland ("Central Bank") held a Sustainable Finance Disclosure Regulation ("SFDR") workshop with industry representatives as a follow up to the workshop it held in November 2023 to address SFDR implementation issues. This latest workshop addressed outstanding issues since the previous meeting, the implementation of the European Securiteis and Markets Authority ("ESMA") Guidelines on Funds' Names using ESG or Sustainability-related terms (the "Guidelines") and the outcome of the common supervisory action ("CSA") on sustainability.

Following the workshop, Irish Funds shared a note of the meeting with its members, as a precursor to guidance due to be issued by the Central Bank in the coming months. The Central Bank has highlighted that the requirements and expectations set out in the note should be considered by all funds and taken into account in new fund applications going forward.