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Finally, firms must ask whether the client would opt for products or instruments that take into account the SFDR’s principaladverseimpactindicators on sustainability factors. A positive development?
It is perhaps not surprising – given the speed at which the European Commission and the regulators have developed their rulebooks, and the political compromises that are needed to get legislation through the Parliament and the Council – that the rules are not yet working as intended. UK developments.
The European Supervisory Authorities (ESAs) have issued a Call for Evidence to stakeholders on greenwashing. . The ESAs have also asked for any available data to help them gain a more concrete sense of the scale of greenwashing and areas of particularly high risk. . More time needed .
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