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ARTICLE · 11 FEBRUARY 2022

ESG - Sustainable Finance Update

ELVINGER HOSS PRUSSEN, société anonyme
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In its letter of 25 November 2021 , the EU Commission informed the EU Parliament and the Council that it would not be able to adopt the SFDR/Taxonomy level 2 Regulatory Technical Standards...

LuxembourgFinance and Banking
Elvinger Hoss Prussen
Elvinger Hoss Prussen

1. SFDR/Taxonomy RTS: Postponement

In its letter of 25 November 2021  , the EU Commission informed the EU Parliament and the Council that it would not be able to adopt the SFDR/Taxonomy level 2 Regulatory Technical Standards ("SFDR/Taxonomy RTS") in December 2021 and that it would therefore postpone their application to January 2023 to give the industry sufficient time to prepare for compliance with the SFDR/Taxonomy RTS.

The EU Commission also confirmed in this letter that it would bundle the SFDR level 2 RTS (dated 15 February 2021  ) and the Taxonomy-related RTS (dated October 2021  ) into one single delegated act.


2. Publication of Taxonomy delegated acts

In relation to the Taxonomy Regulation:

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