All news in CapTech

Product release news – European ESG template (EET) v1.0

On March 14th, FinDatEx published the official EET Version 1.0.

The critical success factors for implementing a robust ESG strategy.

Sustainability matters. The topic has become omnipresent in our everyday lives and has also been reshaping the financial industry over the last years. The demand from both retail and institutional investors for sustainable investments has been increasing tremendously. This transformation is politically desirable and reinforced by legislation. While multiple countries have anchored the importance of sustainability in their national legislation, the European Green Deal has set the foundation for considerable new regulations for the financial industry. To deliver the ambitious targets laid out in the deal, European regulators have been eager to help direct the flow of money towards financing the transition to a sustainable economy.

SFDR: Level 2 implementation postponed to 1 January 2023

As expected, the EU Commission recently announced that the regulatory technical standards (RTS) for the SFDR will not come into force until 1 January 2023. This gives asset managers a bit more time to provide sustainability disclosures in sales prospectuses, annual reports and on websites in line with the regulation.

New Whitepaper: Operational Readiness for Green Bond Issuances

The market for green bonds has rapidly increased over the last years and will continue to grow because the demand for sustainable assets exceeds the supply by far. Issuers usually benefit from lower funding costs and from attracting new investor groups. In turn, green bonds come with additional challenges for issuers. A new whitepaper of our ESG experts describes the aspects of operational readiness for green bond issuances for the Treasury Divisions of banks.

Announcement of final report and draft RTS on disclosures under SFDR by European Supervisory Authorities

The Joint Committee of the three European supervisory authorities (EBA, EIOPA and ESMA) published the final report on the draft regulatory technical standards (RTS) on the content, methodology and presentation of disclosures under Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR) on February 4, 2021.

SFDR: Fund Managers must be ready for new regulations by March 10 2021. Will you be compliant?

LPA RegTech division - acarda upgrades its reporting platform covering SFDR requirements including; scoring, classification and publication.