The Liechtenstein Financial Market Authority has decided to postpone the SFDR audit for the 2025 financial year, removing the requirement for external auditors to conduct SFDR audits for that year. As a result, no SFDR audit report must be submitted by external auditors for the 2025 financial year. The step follows the European Commission’s 20 November 2025 communication on simplifying transparency rules for sustainable financial products and the announced fundamental revision of the SFDR rules. The FMA emphasises that the legal basis remains unchanged and that this is a postponement rather than an abolition of the audit obligation. The authority will inform market participants once further decisions are available on the future structure of the SFDR audit from the 2026 financial year.
Liechtenstein Financial Market Authority 2025-12-04
Liechtenstein Financial Market Authority postpones SFDR audit requirement for the 2025 financial year
The Liechtenstein Financial Market Authority has postponed the Sustainable Finance Disclosure Regulation (SFDR) audit requirement for the 2025 financial year, following the European Commission's recent communication on simplifying transparency rules. External auditors are not required to submit SFDR audit reports for 2025. The legal basis remains unchanged, and the FMA will update market participants on future audit structures for 2026.