Last Updated on June 3, 2025 by Arnaud Collignon
Update on SFDR RTS Confirmation Letter
The Commission de Surveillance du Secteur Financier (CSSF) has issued an important communication regarding the Sustainable Finance Disclosure Regulation (SFDR) and its Regulatory Technical Standards (RTS). This update is crucial for investment fund managers and stakeholders in the financial industry.
Key Highlights
- Confirmation of RTS: The CSSF has confirmed the finalization of the RTS under the SFDR, which outlines the disclosure obligations for financial market participants.
- Implementation Timeline: The RTS will come into effect on January 1, 2023, providing a clear timeline for compliance.
- Importance of Transparency: The CSSF emphasizes the need for transparency in sustainability-related disclosures to enhance investor protection and promote sustainable investment.
What This Means for Investment Fund Managers
Investment fund managers are encouraged to review the updated RTS and ensure that their practices align with the new requirements. Key actions include:
- Updating internal policies and procedures to comply with the RTS.
- Enhancing disclosure practices to provide clear and comprehensive information to investors.
- Training staff on the implications of the SFDR and RTS to ensure compliance across the organization.
Resources for Further Information
For more details, please refer to the following resources:
- CSSF Communication on SFDR RTS Confirmation Letter
- CSSF Overview of SFDR
- European Commission SFDR Information
It is essential for all stakeholders in the investment fund industry to stay informed and prepared for these changes to ensure compliance and promote sustainable finance.
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