Danish FSA: Disclosure ordinance compliance leaves room for improvement

The country's financial supervisory authority says there's "significant room for improvement" when it comes to pension companies and financial institutions disclosing sustainability policy.
Photo: Lars Krabbe/IND
Photo: Lars Krabbe/IND
BY DORTHE BACH, TRANSLATED BY DANIEL FRANK CHRISTENSEN

There's "significant room for improvement" among pension companies and financial institutions in respect to complying with requirements set by article 3 of the EU's Sustainability-Related Financial Disclosure Regulation (SFDR), says Finanstilsynet, Denmark's Financial Supervisory Authority (FSA) in a new thematic assessment reviewing eight financial institutions and four pension companies selected randomly back in May.

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