ESA Joint Committee · sfdr-67 Final

Should a fund invest in for example cars or real estate assets, through special purposes vehicles ("SPVs") or holding companies, would those SPVs/holding companies be considered as the "companies" cov

Name: Should a fund invest in for example cars or real estate assets, through special purposes vehicles ("SPVs") or holding companies, would those SPVs/holding companies be considered as the "companies" cov: ESA Joint Committee Q&A — EU Financial Regulatory Q&A
Creator: ESA Joint Committee (EBA, ESMA, EIOPA)
License: https://creativecommons.org/licenses/by/4.0/

Regulation: SFDR
Answered: 2024-07-25
Answer provided by: ESAs (EBA, ESMA, EIOPA)

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Joint Committee Q&As are published in consolidated PDF documents without explicit question/answer delimiters. Section boundaries below are identified automatically and may occasionally be imprecise.

Question

Should a fund invest in for example cars or real estate assets, through special purposes vehicles ("SPVs") or holding companies, would those SPVs/holding companies be considered as the "companies" covered by Article 8 SFDR, that need to follow good governance practices?

Answer

By extension from Q&A V.6, real assets like cars or real estate held in SPVs or holding companies do not require a good governance practice check, only investee companies do. In other words, SPVs or holding companies whose purpose is to hold real assets like cars or real estate, would be considered investee companies for which good governance checks would not have to be made.

View original on ESA Joint Committee (EBA, ESMA, EIOPA) ↗

This Q&A is published by ESA Joint Committee (EBA, ESMA, EIOPA) and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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