The EU regulation on sustainability related disclosures for the financial services sector (SFDR) seeks to ensure increased transparency on the integration of ESG related risks in the investment decision-making of financial market participants, through disclosures.

In the run up to that date, NEC conducted a compliance exercise which culminated in various changes including additional disclosure on its websites (Please download here the “ESG Disclosure document), pre-contractual disclosures and disclosures to investors as per SFDR requirements.

NEC will continue to monitor compliance and is working towards compliance with the Level One obligations which are yet to come into force, together with the Level Two obligations which are yet to be finalised and in force.

If you need further details please download our FAQ on how the regulation applies, how NECs’s fund are classified and what are next steps of compliance.