FSMA publishes its interpretations and expectations on Sustainable Finance Disclosure Regulation in Belgium

As the European rules that will further implement and specify this Regulation have been delayed, firms may face challenges in complying with these new disclosure rules. The FSMA’s detailed communication sets out how the regulator expects Belgian firms to apply these rules and hence provides welcome guidance to the sector, but may also entail new compliance challenges.

In this publication, Axel de Backer and Sarah De Dijn give their views on this new Communication, which will have an important impact across the Belgian financial sector.