The European Commission informed the European Parliament and the Council in a letter from 25 November 2021, that the draft regulatory technical standards (RTS), jointly submitted by the European Supervisory Agencies (ESAs), could not be adopted by the Commission within the three-month period.
The European Commission had previously stated its intention to bundle that draft with other RTS in a single delegated act containing 13 RTS in total.
The European Commission is now confirming that the date of application of this delegated act is postponed to 1 January 2023.
Entities will have to comply with the publication of the Principal Adverse Impact at entity level in accordance with article 4 (1) a) of SFDR by 30 June 2023 to cover the year 2022.
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