AFM welcomes targeted consultation by European Commission on implementation of the SFDR

The AFM supports the targeted consultation initiated by the European Commission to enhance the Sustainable Finance Disclosure Regulation (SFDR) and published its corresponding response.
The consultation proposes the introduction of sustainability product classifications, aiming to replace current SFDR articles. The AFM advocates for consumer-friendly sustainability product classifications, aligning with the Commission’s focus on transparency, investor usefulness, and addressing greenwashing. While the AFM supports this proposal, they suggest modifications to better align with investors‘ perceptions and experiences, facilitating informed sustainable investment decisions. The AFM also recommends minimum disclosure requirements on sustainability aspects for all financial products.
Please see the original response document for further details.
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Their response is based on a previously published position paper outlining proposals for SFDR improvement, please note Event ID#23562.