Last Updated on June 3, 2025 by Arnaud Collignon
Overview of the SFDR Data Collection Exercise
The Sustainable Finance Disclosure Regulation (SFDR) is a crucial framework aimed at enhancing transparency in the financial services sector. As part of this initiative, the Commission de Surveillance du Secteur Financier (CSSF) has announced a data collection exercise that will impact investment fund managers (IFMs) and institutions for occupational retirement provision (IORPs). This exercise focuses on precontractual disclosures related to sustainability.
Key Objectives of the SFDR Data Collection
- To ensure compliance with the SFDR requirements.
- To gather relevant data that supports the sustainability claims made by financial products.
- To enhance the quality and consistency of sustainability disclosures across the sector.
Who is Affected?
The data collection exercise applies to:
- Investment Fund Managers (IFMs)
- Institutions for Occupational Retirement Provision (IORPs)
What is Required?
Participants in this exercise are required to provide comprehensive information regarding:
- Precontractual disclosures related to sustainability.
- How sustainability risks are integrated into investment decisions.
- The impact of sustainability risks on the returns of financial products.
Timeline and Submission Process
The CSSF has outlined a clear timeline for the submission of data. It is essential for all affected entities to adhere to these deadlines to ensure compliance and avoid potential penalties.
Resources and Further Information
For more detailed information, please refer to the following resources:
- CSSF Announcement on SFDR Data Collection Exercise
- European Commission – SFDR Overview
- ESMA Guidelines on SFDR
By participating in this data collection exercise, IFMs and IORPs can contribute to a more sustainable financial future while ensuring compliance with regulatory standards.