ESG fund rules in Europe come under fire from regulators
The world’s most far-reaching set of ESG investment rules is facing a wave of criticism as regulators in Britain and the European Union publicly voice their misgivings.
By Greg Ritchie, Lisa Pham and Frances Schwartzkopff / BLOOMBERG
The UK’s Financial Conduct Authority has deliberately steered clear of some of the main features of Europe’s Sustainable Finance Disclosures Regulation, after it became clear they resulted in an ESG “contest” among fund managers rather than an exercise in transparency, Sacha Sadan, the FCA’s director of environmental, social and governance, said in an interview.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
DWS sends "shock waves" through ESG fund management industry
For subscribers
