SUSTAINABILITY

On 10 March 2021, the European Union enforced Regulation 2019/2088 on sustainability‐related disclosures in the financial services sector (‘’SFDR’’), requiring financial market participants and financial advisers of Member States to disclose to their clients their approach for considering the risks of sustainable investments and the promotion of environmental, social and governance (‘’ESG’’) factors in relation to financial products in the various ESG areas. The main objective of the SFDR is to create transparency on how sustainability risks are integrated in the investment decision-making and whether the main adverse effects of investment decisions on sustainability factors are considered.

 

 

Consideration of sustainable risks in the investment

decision-making

 

Aristeus provides portfolio management and investment advice services in accordance with the relevant legislations governing the Company. As a principle, Aristeus puts the interest of clients’ private portfolios first and ensures market integrity. On the basis of the above Aristeus also considers the assessment of sustainability risks as part of the Company’s wider investment decision-making process, meaning that an identification of one or more sustainability risks alone will not generally preclude the Company from pursuing an investment where such investment is otherwise assessed to meet the investment criteria. For the assessment of ESG factors, Aristeus relies solely on third-party data providers.

 

 

Consideration of main adverse impacts

on sustainability factors

 

Aristeus has elected currently not to consider the adverse impacts of investment decisions on “sustainability factors” as specifically required by SFDR, due to the size of its operations and the absence of regulatory guidance and available, accessible, relevant and comparable data to perform the adverse impact assessment.

 

Aristeus continues to closely monitor regulatory developments with respect to the SFDR and other applicable ESG-focused laws and regulations, including the implementation of related and secondary legislation and regulatory guidance, and will be updating its policies in line with the relevant requirements.

 

 

Remuneration policy

 

The Company’s remuneration policy is structured in a manner which promotes sound risk management and does not encourage excessive risk-taking. Therefore, it is not currently expected to make any changes in the remuneration policy in relation to sustainable risks.

 

10 March 2021

 

 

 

CONTACT US

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Our Address

Acropolis Tower, 1st Floor

66 Acropoleos Avenue

Strovolos

2012 Nicosia

Cyprus

Email: info@aristeus.com.cy

Tel: +357 22021076

Fax: +357 22021072

Find Us Here

© Aristeus Financial Services Ltd | All Rights Reserved

Regulated by The Cyprus Securities and Exchange Commission, License No: 324/17

It has come to our notice that individuals with fraudulent intentions are passing themselves off as representing or being associated with Aristeus Financial Services Ltd, either through sham websites or investment and trading platforms, with the intent to defraud unsuspecting members of the general public.

 

For the avoidance of doubt, Aristeus Financial Services Ltd does not operate any investment or trading platforms, whether online or onsite. Aristeus Financial Services Ltd does not solicit for nor accept money from anyone for investments and does not offer investment products such as Contracts for Difference (CFDs), Cryptocurrencies or Forex.  Aristeus Financial Services Ltd shall not be responsible for, and expressly disclaims all liabilities for, damages of any kind arising out of the use of, reference to, or reliance on any information contained on such sham websites and investment and trading platforms.