On 12 October 2026, the Council of the EU issued a note setting out the opening positions of the three EU institutions on the proposal for a Regulation of the European Parliament and of the Council amending Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector, Regulation (EU) No 1286/2014 on key information documents for packaged retail and insurance-based investment products and repealing Commission Delegated Regulation (EU) 2022/1288 (SFDR 2.0). The note has been issued prior to the commencement of the trilogue phase in October 2026.