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BaFin backs replacing SFDR Articles 8 and 9, defining transition investments

Germany's Federal Financial Supervisory Authority (BaFin) has backed the creation of three product designations to address investor misuse of the existing Articles 8 and 9 as labels in the EU Sustainable Finance Disclosure Regulation (SFDR).

Dutch regulator publishes double materiality guide

Scrap Article 8, 9 and create 'transition' & 'impact' labels, Dutch regulator tells EU

The EU should scrap the widely "misused" sustainability categories at the heart of its flagship sustainable investment regulation, the Dutch financial markets regulator has recommended.