Article 65
Financial products with one or more underlying investment options that qualify those financial products as financial products that promote environmental or social characteristics
1.
By way of derogation from Articles 50 to 57, where a financial product offers investment options to the investor and one or more of those investment options qualify that financial product as a financial product that promotes environmental or social characteristics, financial market participants shall insert in the main body of the document or information referred to in Article 11(2) of Regulation (EU) 2019/2088 a prominent statement confirming all of the following:
(a)
that the financial product promotes environmental or social characteristics;
(b)
that the attainment of those characteristics is subject to investing in at least one of the investment options referred to in paragraph 2 of this Article and holding at least one of those options during the holding period of the financial product;
(c)
that further information related to those environmental or social characteristics is available in the annexes referred to in paragraph 2 of this Article.
2.
Financial market participants shall provide all of the following information in annexes to the document or information referred to in Article 11(2) of Regulation (EU) 2019/2088:
(a)
for each investment option invested in that qualifies as a financial product that promotes environmental or social characteristics, the information referred to in Articles 50 to 57 of this Regulation;
(b)
for each investment option invested in that qualifies as a financial product that has sustainable investment as its objective, the information referred to in Articles 58 to 63 of this Regulation;
(c)
for each investment option invested in that has sustainable investment as its objective and is not a financial product, the information on the objective of sustainable investment.
3.
Financial market participants shall present the information referred to in paragraph 2, point (a), in the form of the template set out in Annex IV and the information referred to in paragraph 2, point (b), in the form of the template set out in Annex V.