a Pan-European Personal Pension Product.
Much like the SFDR, to the extent that a non-EU AIFM has marketed their funds in the EU under the national private placement regime of the AIFMD on or after 10 March 2021, non-EU AIFM and the fund(s) that have been marketed will also be in scope of the Regulation. Non-EU AIFMs that admit EU investors into their funds solely on the basis of reverse solicitation are not subject to the SFDR or the Regulation.
What information is disclosed?
The Regulation supplements the disclosure obligations contained in the SFDR with both regulations intended to be read together. Firms will be required to disclose the degree of environmental sustainability of funds and pension products that are promoted as environmentally friendly, and include disclaimers where they do not (as set out in Articles 8 and 9 of the SFDR). It is expected that fund managers in scope will use the technical screening criteria (“