ARTICLE · 09 SEPTEMBER 2022

Guidance On SFDR By The German Regulator BaFin

Debevoise & Plimpton

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On 5 September 2022, the German Federal Financial Services Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, "BaFin") published a Q&A paper providing guidance on...

United StatesFinance and Banking

Patricia Volhard

Jan Schoberwalter

Key Takeaways:

On 5 September 2022, the German Federal Financial Services Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) published a Q&A paper providing guidance on the interpretation of certain aspects of the Sustainable Finance Disclosure Regulation (Regulation (EU) 2019/2088, "SFDR").
This Q&A paper takes into consideration, and in part seems to divert from, previous guidance issued by the European Commission in July 2021 and May 2022 with respect to the interpretation of the term "promote" under article 8 SFDR, the disclosure of the taxonomy alignment of funds referred to in article 8 SFDR and the application of the SFDR to legacy funds.

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