EU watchdog demonstrates lack of clarity in green regulation

A list of queries sent to the European Commission by the European Securities and Markets Agency (ESMA) seems to confirm what the financial sector has long been complaining about -- that the SFDR is far too unclear.

Photo: Yves Herman/REUTERS / X00380

For as long as the SFDR regulation has existed, the financial sector has complained about its lack of clarity.

Now, eighteen months after it was implemented, a number of new queries posed to the European Commission by the European Securities and Markets Agency (ESMA) suggests they are not alone in their confusion.

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