Part three
Are you affected by the Disclosure Regulation?
It can be difficult to navigate the complexities of the new regulations. The table below sets out, as succinctly as possible, the impact of the various articles of the Disclosure Regulation on economic and financial actors.
| SFDR perimeter | Actors involved | Threshold of applicability |
|---|---|---|
| General Regulations
(Articles 3, 5, 6, 12, 13) |
Insurance (including mutuals, supplementary pension funds, reinsurers)
Banks (credit institutions, investment firms) Asset management companies and managers of venture capital and social entrepreneurship funds*. |
No threshold |
| Statement on IAPs
(Articles 4 and 7) |
Management companies
Management companies belonging to a financial group (insurance, bank, other asset management company) |
> 500 employees: mandatory comply < 500 employees: comply or explain** 20m balance sheet or €40m |
| Pre-contractual and periodic information on the I/O characteristics promoted and achieved
(Articles 8, 10, 11) |
Financial income classified Article 8 | No threshold |
| Pre-contractual and periodic information on the I/O objective pursued and achieved
(Articles 9, 10, 11) |
Classified financial income Article 9 |
* In the case of investment/insurance advice or management of the following financial products:
- OPC (OPCVM, FIA)
- Management under mandate
- Insurance-based investment products
- Pan-European retirement savings products
** “Comply or explain” means “to apply or explain” and describes certain provisions of the Regulation where entities have a choice between applying the provision or not applying it and having to explain precisely why.
INTERESTED IN KNOWING MORE?
- SPOT inspection campaign by the AMF: 3 priorities to improve sustainability commitment compliance by asset management companies
- The SFDR regulation: instructions for use (part 1)
- The SFDR regulation: instructions for use (part 2)
- The SFDR regulation: instructions for use (part 4)
- The SFDR regulation: instructions for use (part 5)
Need help to effectively integrate CSR into your business strategy? You’ve come to the right place.
Make an appointment to find out how to initiate and structure the process while guaranteeing your chances of success.
About Positiveco
At Positivéco, we see new national and international CSR regulations as vectors for positive growth.
Our job: to improve the readability of your activities for better valuation.
Since 2009, we have been supporting financial institutions, public players, and listed and unlisted companies in the evaluation of their CSR policies, the production of their extra-financial reporting and the implementation of their climate investment and aid projects. Development.
Make an appointment today and find out how to meet the new requirements of economic transparency while serving the project of your company.
Contact us now!