The European Parliament provided their final approval on the extension of the Pre-Contractual and Periodic Disclosures on February 17th, 2023 and the new RTS Annexes were published in the EU Official Journal.
As announced in our initial newsletter on this topic, the changes include:
- A yes/no question to identify that a product intends to invest in gas and/or nuclear taxonomy-aligned activities.
- If the product intends to invest in such activities, the graphical representation will require the identification of the relevant proportions as shown in the screenshot below. If the product does not intend to invest in such activities, such breakdowns are not required and the existing graphical representations from the already published version of Commission Delegated Regulation (EU) 2022/1288 should be used instead.
- A footnote was added to the yes/no question to provide an indication of certain conditions under which such activities are aligned with the EU taxonomy. Analogue changes are inserted in the templates for periodic disclosures as well.