Sustainable Finance disclosure regulation (SFDR) - What's coming

Sustainable Finance Disclosure Regulation ('SFDR') is an important milestone in the EU Commission's action plan on sustainable finance. This regulation aims to provide greater transparency on the degree of sustainability of financial products in order to channel investment flows towards truly sustainable investments while preventing greenwashing.

In the latest months, several regulatory updates have implemented changes or clarifications to the SFDR framework. These changes have an impact in terms of the SFDR methodology that financial market participants must put in place and the respective disclosure requirements.

By the end of this course, participants will have sufficient knowledge of the most recent SFDR regulatory updates and the next steps in terms of SFDR methodology. Moreover, reporting will become clearer.

1. SFDR framework recap

2. What's coming - Latest regulatory updates highlights

2.1. ESA final report on SFDR RTS

2.2 Joint ESAs and ESMA opinion on the future of SFDR

2.3. ESAs Q&A July 2024

2.4. ESMA guidelines on funds name

2.5. CSSF supervisory actions

This training is coordinated by Kenny Panjanaden and Geoffroy Marcassoli, Partners at PwC Luxembourg.

Kenny is an Assurance partner specialised in ESG and sustainable finance. He is working within the ESG Assurance practice of the firm on top of leading the internal TCFD (Task Force on Climate-related Financial Disclosures) working group.

On this topic, he has led several discussions with various stakeholders (regulator, government, all industry associations and players from different industries) in a bid to create awareness in the Luxembourgish market place as one of the pioneers in the early days of the task force.

Kenny is also a member of the LuxFLAG ESG Label Eligibility Committee, responsible for the attribution of labels to sustainable funds.

Geoffroy is an Assurance partner specialised in ESG and sustainable finance. He is leading PwC Luxembourg ESG assurance practice as well the PwC EMEA ESG working group for asset management. He is also an active member in a number of industry working groups on sustainable finance including EFAMA, Invest Europe, ALFI and the LPEA.

He developed his knowledge and expertise of sustainable finance through a wide range of engagements including but not limited to regulatory gap assessment, assurance reviews of sustainability report and ESG KPIs across all asset classes.

In addition to his sustainable finance and ESG responsibilities, Geoffroy is also responsible for the audit of mutual funds, hedge funds and private equity funds for global asset managers across various investments strategies.