Danish FSA issues warning over SFDR implementation
The Danish FSA, Finanstilsynet, states that asset managers are using the EU’s sustainable finance disclosure regulation to signify quality, which is not the point of the legislation. In fact, the FSA states it is the opposite of what the EU intended.
by simon lund christiansen, translated by catherine brett
The financial sector has been quick to adapt to the EU’s sustainable finance disclosure regulation (SFDR) perhaps a little too quick, one might say, as the Danish FSA has now issued a warning about its implementation.
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