SFDR: Central Bank Confirms Fast-track Filing Process

Published date26 September 2022
Subject MatterFinance and Banking, Financial Services
Law FirmArthur Cox
AuthorMs Sarah O'Sullivan

The Central Bank has confirmed that there will be a fast-track filing process for prospectus updates on foot of the Sustainable Finance Disclosures Regulation ("SFDR") and the deadline for such filings will be 1 December 2022.

The fast-track facility will capture broader SFDR-related updates but an attestation will be required that the changes relate to SFDR only. Fund re-classifications will be allowed under the fast-track process where the rationale for the change is detailed in the cover letter. There is ongoing engagement with the Central Bank with regard to certain formatting challenges and other points of clarification and we will keep you updated as further details on the...

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