SFDR 2.0 is not official yet. It’s still a proposal and must go through EU negotiations. The Commission has also delayed key technical rules until at least October 2027, so the new framework will not apply to 2026 disclosures. Funds will keep using the current SFDR rules until the reform is fully approved and detailed standards are published.
De-prioritisation of Level 2 acts in financial services legislation
The European Commission states that a number of Level 2 acts across EU financial legislation will be de-prioritised and not adopted before 1 October 2027. This includes certain technical rules under SFDR that were originally expected as part of upcoming reforms. The Commission explains that this delay is intended to reduce regulatory burden and avoid adding more complexity before the legislative framework is streamlined.
European Commission
