On 14 September 2023, the European Commission launched a public
consultation as well as a targeted consultation to seek feedback on
the implementation of the
Sustainable Finance Disclosure
Regulation("SFDR").
The
public consultation is addressed to a broad range of
stakeholders and deals with SFDR as it currently is today, as well
as the potential issues that stakeholders might face when
implementing it, namely data challenges, implementation costs and
potential greenwashing considerations, amongst others.
The
targeted consultation seeks feedback from financial market
participants on the actual disclosure requirements, with particular
reference to the format, content and timing of such disclosures. It
also encompasses the marketing and investor documentations of the
financial products and provides options for the establishment of a
categorisation system for financial products.
