Regulatory Alerts2023-10-19
Added · Updated
MFSA Reminder on Updating Suitability and Product Governance for Sustainability Factors
The MFSA reminds investment services licence holders to update suitability assessments and relevant policies and procedures in line with Commission Delegated Directives (EU) 2021/1269 and Regulation (EU) 2021/1253. These updates must integrate sustainability factors into product governance obligations and client fact-finds as required by MiFID II. The reminder aligns with the Authority's previous circular dated 29 July 2022.