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ARTICLE · 26 DECEMBER 2022

Heading Towards A Greener Future Into The New Year – SFDR RTS Deadline Approaches

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On the rapidly developing subject on sustainable finance, yet another deadline looms. On the 1st of January 2023 the final report on the on the draft Regulatory Technical Standards ("RTS"),...

MaltaFinance and Banking
Glorianne Gatt
Glorianne Gatt
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On the rapidly developing subject on sustainable finance, yet another deadline looms. On the 1st of January 2023 the final report on the on the draft Regulatory Technical Standards ("RTS"), published by the European Supervisory Authorities ("ESAs") on the 30th of September 2022, comes into force.

The main aim of the amendments is to ensure that disclosures about the degree to which investments are in taxonomy-aligned activities provide for full transparency about investments in fossil gas and nuclear energy activities, in particular on the proportion such investments in fossil gas and nuclear energy activities, in particular on the proportion such investments represent within all investments and in environmentally sustainable economic activities.

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