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ARTICLE · 06 APRIL 2023

CSSF (Luxembourg) – SFDR Data Collection Exercise

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On the 24 March 2023, the Commission de Surveillance du Secteur Financier ("CSSF") published a notice about the launch of a data collection exercise in relation to the precontractual...

LuxembourgFinance and Banking
Neil Bezzina
Neil Bezzina
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On the 24 March 2023, the Commission de Surveillance du Secteur Financier ("CSSF") published a notice about the launch of a data collection exercise in relation to the precontractual product disclosure information required by Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector ("SFDR") and Regulation (EU) 2020/852 on the establishment of a framework to facilitate sustainable investment ("Taxonomy Regulation").

The SFDR provides harmonised rules on the transparency disclosures required in relation to the provision of sustainability-related information with respect to financial products. The Taxonomy Regulation provides additional disclosure requirements with regards to those financial products making sustainable investments with environmental objectives. Investment fund managers and institutions for occupations retirement schemes are required to abide by the disclosure requirements under the SFDR and the Taxonomy

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