The proposed sustainability amendments to Directive 2010/43/EU (the “UCITS Directive”) and to Delegated Regulation (EU) 231/2013 (the “AIFM Regulation”) integrating sustainability considerations into the organisational, operating and risk management obligations of authorised alternative investment managers (“AIFMs” ) and UCITS management companies (“ManCos”) have been adopted and published in the Official Journal of the European Union on 2 August 2021 (for a detailed overview of the introduced changes please see our previous articles on Amendments to the UCITS Directive 2010/43/EU and Amendments to the AIFM Regulation).
The amendments relating to sustainability will apply to all European Economic Area UCITS ManCos and AIFMs as of 1 August 2022.
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