It is critical that the sector is positioned to support a timely and effective transition to a more sustainable economy. Standards must be high. From 1 January 2023, additional requirements under the EU SFDR Level 2 disclosure obligations will apply.
The Central Bank considers these new obligations to be instrumental in terms of the level of information available to investors about the products in which they invest. The new requirements will mean that Irish investment funds must make extensive updates to their fund documentation and provide more in-depth sustainability disclosure amendments to their pre-contractual documents.