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Changes to EU investment rules should prove a boon to green funds – but the continent’s ESG sector still has a big credibility problem. Then comes the question of whether the client wishes to hold products or instruments with a minimum proportion of sustainableinvestments as defined by the SFDR.
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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