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EU ESG Ratings Rules Risk Regulatory Fragmentation

Proposed framework aims to tackle conflict of interest concerns, but fails to address “quality of raw ESG data”.  

The European Union’s (EU) recently proposed regulatory framework for ESG rating providers aims to crack down on conflicts of interest and boost transparency of methodologies, but it could create market confusion, according to experts.   As well as the EU, regulators in other jurisdictions are in the process of developing…

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