Sustainable Finance update (asset management) – 1) European Commission answers ESAs’ questions on the interpretation of SFDR and 2) ESAs publish a consultation paper on the review of the SFDR RTS
1. European Commission answers to ESAs’ questions on the interpretation of SFDR
On 5 April 2023, the European Commission published its response to eight questions on the interpretation of SFDR that were submitted by the ESAs to the Commission on 9 September 2022. The Commission has also revised and amended its previous Q&A in order to ensure consistency. Below, we have set out the key points of the Commission response.
Definition of “sustainable investments”
