We can demonstrate what the acarda platform can do using real-life scenarios in your company. If you are interested in this, let us know using this email for If you are interested in this, let us know using this email form:
The transparency requirements of the Sustainable Finance Disclosure Regulation (SFDR) affect asset managers as well as insurance companies and banks with portfolio management. Accordingly, financial products are to be divided into three ESG classifications in the future:
The respective classification of a financial product has to be disclosed in the MiFID II and IDD reporting. Exact specifications for taxonomy and reporting will be available with the final Level 2 drafts by January 2021.
Regardless of whether ESG reporting obligations are effective on March 10, 2021 as planned or will be postponed until January 1, 2022, organizational and technical measures should be initiated immediately. Delayed implementation can have significant negative consequences.
a) detailed planning of the ESG rating
b) development of the technical infrastructure as part of a central reporting solution
c) Challenges and uncertainties to be considered
As you can see, the list is quite long and should therefore be worked on quickly. ESG reporting should not be introduced as an isolated solution, but rather in an organizational and technical combination with, for example, Solvency II, MiFID II and PRIIPs reporting. Since the source data and processing logic are similar, a platform solution – e.g. arep from acarda – is highly recommended for all regulatory reports.
Benefit of acarda expertise and our cooperation partners; either as a fully managed ESG service or with the arep solution for generating ESG data. We would be happy to send you detailed documentation and present you the various options.
acarda wird zu „Capmatix Regulations“. Following integration into the LPA Group product portfolio.
As expected, the European Commission recently announced that the Regulatory Technical Standards (RTS) for the Sustainable Finance Disclosure Regulation (SFDR) will not come into effect until 1 January 2023.
In a plenary session on 23 November, the European Parliament extended the transitory period for the use of PRIIPs KIDs,
giving asset managers until 1 January 2023 to comply with the new requirements.
acarda wird zu „Capmatix Regulations“. Following integration into the LPA Group product portfolio.
As expected, the European Commission recently announced that the Regulatory Technical Standards (RTS) for the Sustainable Finance Disclosure Regulation (SFDR) will not come into effect until 1 January 2023.
In a plenary session on 23 November, the European Parliament extended the transitory period for the use of PRIIPs KIDs,
giving asset managers until 1 January 2023 to comply with the new requirements.
The PRIIPs regulation, which has been in force since January 2018, aims to make “packaged” investment instruments and capital-forming insurance products more comparable and understandable for investors.
On July 28, 2021, BaFin announced the updated collective rulings on reporting requirements for insurance companies and pension funds.
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United Kingdom
Frankfurt
Luxembourg
London