On 25 February 2021, the Joint Committee of the European Supervisory Authorities (“ESAs”) published a joint supervisory statement (“Joint Statement”) on the application of the.
You see that pale, blue dot? That s us. Everything that has ever happened in all of human history has happened on that pixel… I believe this is a moral issue. It is your time to seize this issue; it is our time to rise again to secure our future.
I remember hearing those lines as a year-old veteran in the financial industry in 2006. For those who cannot quite place it, it is from a film called An Inconvenient Truth, presented by Al Gore. After.
To continue reading.
Following the entry into force of the Sustainable Finance
Disclosure Regulation (
SFDR ) in December 2020, the
provisions of the said Regulations will become effective on the
10
th March 2021.
By way of background, the SFDR will require financial market
participants and financial advisors to make pre-contractual and
ongoing disclosures to investors regarding the integration of
sustainability risk, the impacts of adverse sustainability, as well
as the promotion of ESG characteristics and sustainable investments
(as applicable).
In this respect, pursuant to a circular dated 9
th February 2021, the Malta Financial
Services Authority (
MFSA ) communicated the process
to be adopted for the submission of updates to the pre-contractual