Read the CySEC Circular C809
Memo #60-2026
CySEC Circular No: C809
Date: 29/10/2026
Subject: ESMA publication of thematic notes on clear, fair & not misleading sustainability-related claims – Third and Fourth Notes: Impact Claims and Transition Claims
Purpose: To inform Regulated Entities that the ESMA published Third and Fourth thematic notes on clear, fair & not misleading sustainability-related claims.
In Summary:
CySEC has issued the Circular C809 on 27/10/2026 to inform the Cyprus Investment Fund Managers (‘CyIFMs’ or ‘all Managers’) including Cyprus UCITS Management Companies and Self-Managed Cyprus UCITS (‘CyUCITS MCs’), Cyprus Alternative Investment Fund Managers and Self-Managed Cyprus AIFs (‘CyAIFMs’) and Sub-Threshold Cyprus Alternative Investment Fund Managers and Self-Managed Cyprus AIFs (‘sub- threshold CyAIFMs’) and the Cyprus Investment Firms (‘CIFs’), that the European Securities and Markets Authority (ESMA) published on 12/10/2026 the ‘Third Note on Impact Claims’ and the ‘Fourth Note on Transition Claims’.
CySEC notes that Circular C809 is published following the Circular C752 published on 21/01/2026, informing Regulated Entities of the issuance by ESMA of the Second Thematic Note on ESG Strategies.
CySEC further notes that Regulated Entities should ensure that they remain up to date with the publication of such thematic notes and expects that the guidance provided in the Thematic Notes is considered when complying with their relevant ESG obligations.
The ESMA “Third Note on Impact Claims” can be found on the following link:
The ESMA “Fourth Note on Transition Claims” can be found on the following link:
Read the CySEC Circular C809
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