Questions and Answers (Q&A) on the SFDR Delegated Regulation (EU) 2022/1288

Circular
Triq l-Imdina, Zone 1 Central Business District, Birkirkara CBD 1010 +356 2144 1155 communications@mfsa.mt www.mfsa.mt Questions and Answers (Q&A) on the SFDR Delegated Regulation (Commission Delegated Regulation (EU) 2022/1288) The Authority would like to draw your attention that the European Supervisory Authorities (ESAs) published a joint Questions & Answers (Q&A) document on the Commission Delegated Regulation on the Sustainable Finance Directive (SFDR), which will come into force on 1 January 2023. The Q&A clarifies required disclosures on a number of points including those relating to principal adverse impacts ("PAI") and taxonomy-alignment in pre￾contractual documents, website information and periodic reporting. The Q&A focuses on multiple questions under the following headings:
(i) PAI and Taxonomy aligned disclosures
(ii) PAI disclosures
(iii) financial product disclosures
(iv) multi-option products
(v) taxonomy alignment investment disclosure (vi) financial advisers and execution. The Authority encourages Financial Market Participants and Financial Advisors to take note of the Q&A in view of the above referred Commission Delegated Regulation which supplement the SFDR Disclosure requirements. 25 November 2022