AMWatch

Swedish FSA poll points to tightening of equity fund sustainability rules

Sweden's financial supervisory authority, Finansinspektionen, is not satisfied with the information standards on sustainability in equity funds. According to new survey, the information standards should be further developed as the present standards allow too much room for individual interpretation by the fund managers.

Swedish Financial Supervisory Authority, Finansinspektionen.

The fund management industry still has some work to do to develop its information standards on sustainability issues, a survey conducted by Finansinspektionen, the Swedish financial supervisory authority, concludes.

Since 1 January 2018, new information requirements have been in effect to make it easier for savers to select funds that take sustainability into account. Good transparency is generally seen is a prerequisite for savers to be able to make well-informed investment decisions.

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