Communication FSMA_2021_06 (available in French - Dutch only) informs companies of the entry into force of European Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (also known as the ‘Disclosure Regulation’ or ‘SFDR’). It clarifies the rules that apply both to companies and to products, as well as the expectations of the FSMA in this regard. These rules enter into force on 10 March 2021.
The FSMA has been designated the competent authority to supervise compliance with the provisions of the Regulation. Its task is to ensure that the information published by companies on sustainability are accurate, clear, not misleading, adequate and transparent, so as to avoid any risk of ‘greenwashing’.