Key messages on the Sustainable Finance Disclosure Regulation (SFDR) review

<?xml version="1.0" encoding="UTF-8"?><modsCollection xmlns="http://www.loc.gov/mods/v3" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-8.xsd">
<mods version="3.8">
<titleInfo>
<title>Key messages on the Sustainable Finance Disclosure Regulation (SFDR) review</title>
</titleInfo>
<name type="corporate" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20120012608">
<namePart>Insurance Europe</namePart>
<nameIdentifier>MAPA20120012608</nameIdentifier>
</name>
<name type="corporate" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20120012608">
<namePart>Insurance Europe</namePart>
<nameIdentifier>MAPA20120012608</nameIdentifier>
</name>
<typeOfResource>text</typeOfResource>
<originInfo>
<place>
<placeTerm type="code" authority="marccountry">bel</placeTerm>
</place>
<issuance>monographic</issuance>
<place>
<placeTerm type="text">Brussels</placeTerm>
</place>
<publisher>Insurance Europe</publisher>
<dateIssued>2026</dateIssued>
</originInfo>
<language>
<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
</language>
<physicalDescription>
<form authority="marcform">print</form>
<extent>11 p.</extent>
</physicalDescription>
<abstract displayLabel="Summary">Insurance Europe presents its position on the European Commission's review of the SFDR. It supports clearer, shorter and consumer-friendly disclosures, revoking ESAs' delegated powers, removing entity-level disclosures, and aligning SFDR with CSRD, ESRS, MiFID and IDD. The paper highlights insurance-specific needs: consistent treatment and optional exclusion methodology for sovereign bonds; workable rules for multi-option products and general-account/guarantee products; proportionate thresholds and recognition of engagement; data gaps and the role of VSME reporting; and clear implementation timelines with transition periods and an EU-level no-action letter. It addresses product categorisation, reclassification risks, PAI disclosure clarity, exclusions aligned with PAB/CTB, and avoiding retroactive application. Dated March 2026, it emphasizes enabling insurers to continue channeling long-term capital to the transition while ensuring meaningful, comparable information for end investors.</abstract>
<tableOfContents>Executive summary -- Detailed position -- Insurance-specific considerations -- Product categorisation -- Reclassification and transition periods -- Principal Adverse Impacts (PAI) -- Other key points -- Entity-level disclosure requirements</tableOfContents>
<note type="statement of responsibility">Insurance Europe</note>
<note>Internacional</note>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20210004841">
<topic>Reglamento SFDR</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080567613">
<topic>Unión Europea</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080590567">
<topic>Empresas de seguros</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20230001899">
<topic>Criterios ESG</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20210005909">
<topic>Productos de inversión basados en seguros</topic>
</subject>
<classification authority="">222</classification>
<location>
<url displayLabel="electronic resource" usage="primary display">https://www.insuranceeurope.eu/publications/3531/insurance-europe-key-messages-on-the-revised-sfdr/?inline=1</url>
</location>
<recordInfo>
<recordContentSource authority="marcorg">MAP</recordContentSource>
<recordCreationDate encoding="marc">260319</recordCreationDate>
<recordChangeDate encoding="iso8601">20260603180655.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20260016030</recordIdentifier>
<languageOfCataloging>
<languageTerm type="code" authority="iso639-2b">spa</languageTerm>
</languageOfCataloging>
</recordInfo>
</mods>
</modsCollection>