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EMEA

Blurred Lines Will Weaken ESMA Labels – EFAMA

Proposed sustainable investment thresholds risk divergence from SFDR. 

Market participants have called for a delay to the European Securities and Markets Authority’s (ESMA) draft rules for sustainability and ESG fund labels until there is more clarity on terminology and interoperability with existing disclosure standards.   To combat greenwashing, ESMA’s consultation, which closed last week, proposed new investment thresholds…

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