Sustainable Finance Qualification for Financial Advisors

The recent amendments to the second Markets in Financial Instruments Directive (MiFID II) brought new challenges and opportunities for financial advisors and intermediaries. Since 2nd August 2022, the updated MiFID II framework includes the requirement to integrate clients’ sustainability preferences into the assessment of suitability. This is the reason why raising awareness on sustainable financial products and improving the offer of high-quality financial advice in this regard have become a priority.

The project “Sustainable Finance Qualification for Financial Advisors“, supported by the European Environment Initiative (EURENI), aims precisely to increase knowledge about regulatory changes and the qualification on sustainability issues among financial advisors. The project is supported by the Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection of the Federal Republic of Germany and involves a network of organizations from different countries – such as Germany, Italy, France and Austria – that are committed to promoting sustainable and responsible investments.

To achieve its objectives, the project has included the development of an e-learning platform for financial advisors on EU regulation on sustainable finance, in English and in German. In order to reach a higher level of dissemination and engagement, the project partners have published also eight short videos on topics related to sustainable finance, targeted both to financial advisors and retail investors.

Let us know your opinion filling out the survey:

– if you are a financial advisor, click here

– if you are a private investor, click here

Moreover, in each country the partners are going to organize multi-stakeholder events open to financial advisors as well as to private and institutional investors, academics and civil society: it will be the occasion to focus on the implementation of amended MiFID II and its impact from different perspectives, raising awareness on the importance of sustainable finance.

Implementing partners of the project are:

• Forum Nachhaltige Geldanlagen (FNG – project leader);
• Forum pour l’Investissement Responsable (FIR);
• Italian Sustainable Investment Forum (ItaSIF); and
• Österreichische Gesellschaft für Umwelt und Technik (ÖGUT).