Speakers
Public Authorities
Natasha Cazenave Cazenave
Executive Director - European Securities and Markets Authority (ESMA)
Martin Merlin Merlin
Director, Financial Markets - DG for Financial Stability, Financial Services and Capital Markets Union, European Commission
Shaneera Rasqué Rasqué
Head of Regulatory Projects and Sustainable Finance - Commission de Surveillance du Secteur Financier (CSSF)
Rupert Schaefer Schaefer
Chief Executive Director Strategy, Policy and Control - Federal Financial Supervisory Authority, Germany (BaFin)
Industry Representatives
Thomas Béhar Béhar
Group Chief Risk Officer and Deputy Chief Executive Officer - CNP Assurances
Laurence Caron-Habib Caron-Habib
Head of Public Affairs - BNP Paribas Asset Management
Delphine Dirat Dirat
Director, Government Relations & Regulatory Strategy - London Stock Exchange Group (LSEG)
Howard Risby Risby
Regional Team Lead Europe - Federated Hermes (UK) LLP
Session overview
Objectives
This roundtable aims to assess whether the Commission’s proposal adequately addresses the shortcomings identified in the SFDR framework, and to discuss the relevance, operational feasibility and coherence of the proposed new fund classification, reporting simplifications and transition arrangements.
Points of discussion
- Do the new product categories and their minimum criteria strike the right balance between structure and flexibility for market participants?
- Do the proposed scope reductions and disclosure simplifications genuinely reduce burden — and do they risk creating an unlevel playing field for funds that remain in scope?
- Is 18 months sufficient to transition existing Article 8 and 9 funds to the new regime — and does SFDR 2.0 adequately address the clarity and supervisory convergence failures of its predecessor?