Responsible and Sustainable Investing Integration (article 3)
Manentia Wealth Consulting Group Limited ("MWC Group") is classified as both a Financial Market Participant under Article 2(b) of Regulation (EU) 2019/2088 ("SFDR") and a Financial Advisor under Article 2(11)(d) of the same regulation, regarding sustainability-related disclosures in the financial services sector.
MWC Group is required to integrating sustainability factors into our investment decision-making and risk management framework. In accordance with the Sustainable Finance Disclosure Regulation (SFDR) defines “sustainability factors” as Environmental, Social, and Governance (ESG) matters, including respect for human rights, anti-corruption, and anti-bribery matters.
Our investment approach prioritizes providing advice on products that offer long-term benefits while limiting advice on products that negatively impact ESG factors. However, we recognize that ESG factors are not always the primary determinants in investment or insurance advice. The emphasis on ESG factors varies depending on other important considerations, such as the investment objective, risk tolerance, and time horizon in relation to the client's profile.
For EU-regulated entities and financial products, this includes compliance with the rules established under the Sustainable Finance Disclosure Regulation (SFDR) (Regulation (EU) 2019/2088). For UK-regulated entities, this encompasses the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), as adopted by the Financial Conduct Authority (FCA), detailed in the Environmental, Social, and Governance (ESG) sourcebook, which contains rules and guidance for asset managers and asset owner.
Negative and positive screening
We will actively engage with our clients to understand whether they have concerns about specific activities and / or industries to maintain such exclusions on an on-going basis.
No consideration of sustainability adverse impacts (article 4)
As permitted under Article 4 of Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector (the “SFDR”). MWC Group in view of its size and nature of products that are distributed does not consider adverse impacts of investment decisions on sustainability factors.
Alignment of Remuneration Policy with sustainability investments (article 5)
MWC Group Ltd is also required to include in its remuneration policies information on how these policies are consistent with the integration of ESG Risks and to include a description of the following matters in its pre‐contractual disclosures:
a. the manner in which sustainability risks are integrated into their investment decisions; and
b. the results of the assessment of the likely impacts of sustainability risks on the returns of the financial products they make available.
In line with our Remuneration Policy, no variable remuneration is paid to our staff unless it is determined to be justified following a performance assessment based on quantitative (financial) as well as qualitative (non-financial) criteria. There is no risk or risk of interference in selection of a clients investments that may be linked to a possible conflict of interest or possible commission by an advisor by diverging from the fund selection that is in line with the clients sustainability preferences. As such, we believe that our existing structures are sufficient to prevent excessive risk taking in respect of sustainability risks, if any.
