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SFDR: European Commission publishes corrections to RTS only a few days before the Regulation comes into force

Level 2 of the SFDR and the new version of the SFDR regulatory documents have already entered into force since January 1st, 2023. However, only a few days before the regulation officially came into force, on December 27th 2022, the European Commission published a corrected version of the SFDR RTS with minor adjustments on the templates in the Official Journal. In our current blog post, we have summarized and commented the relevant changes for you, incl how they affect cleversoft’s SFDR Standard Service.

Desislava Marvakova
January 10, 2023

The European Commission published a corrected version of the SFDR RTS with minor  template adjustments in the Official Journal on December 27, 2022, just a few days before the Regulation officially came into force. The corrections in the official English version include adjusting the questions’ order for Pre-contractual Disclosures for Art 8 products, the alignment of the icons, the adjustment of the formatting and others.  

The Commission also corrected the errors in the other language versions of the Official Journal to align all templates in the respective languages.  

For example, in the German Pre-contractual Disclosure for Art 9 products the question “Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung des nachhaltigen Investitionsziels dieses Finanzprodukts herangezogen?” was included twice and in the corrected version the question has been replaced by the correct one “Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet? cleversoft has noticed this already last summer and added the respective German translation of the missing question.  

cleversoft Services

We have reviewed the relevant changes and will apply them in the templates where necessary. We will shortly publish a newsletter with the relevant changes to our SFDR service, especially for Pre-contractual and Web Disclosures.  

Our Regulatory Watch team continues to closely monitor all SFDR and Taxonomy regulations developments.  

As part of our compliance commitment, we provide all regulatory updates to our clients in due time. If you have any questions, please feel free to contact us. Our experts will gladly advise you on the details.