The International Capital Market Association knows our work situation all too well. Now you can get on top of the EU’s Sustainable Finance Disclosure Regulation in two minutes.
A fresh LinkedIn post by ICMA will lead curious but busy readers all the way to a downloadable pdf, summarizing the new piece of regulation in just one, sparsely covered, page.
For those of you who are too busy even for that, we can give away that for affected companies, it may impact product labelling/marketing, as well as underlying investments and the risk management.
The stakeholders in scope are asset managers and asset owners operating in the EU, and the regulation touches products including mutual funds, pension funds and life insurance.
Level 1 obligations came live Wednesday, 10 March, with regulatory technical standards to apply from 1 January 2022.