Archive

Exemption for asset managers in ESRS 'creates a reporting vacuum'

The EU risks creating a "reporting vacuum" that undermines investors' data needs if it proceeds with a proposal to exempt asset managers' reporting under the Corporate Sustainability Reporting Directive (CSRD), observers warned.

Asset managers call for institutional investor 'opt-out' of SFDR

Funds marketed only at "professional investors" should be able to "opt out" of disclosure and categorisation obligations in an overhauled Sustainable Finance Disclosure Regulation (SFDR), the EU's largest asset management association argued.

Can a new SFDR category solve the EU's transition finance problem?

A transition category is set to transform how fund managers use the EU Sustainable Finance Disclosure Regulation, but the finer details are yet to be ironed out. Michael Hurley writes

Call for overhauled SFDR to better recognise key role of sovereign bonds

Clarification is needed as to where sovereign bonds fit within the overhauled Sustainable Finance Disclosure Regulation (SFDR), according to the European Fund and Asset Management Association (EFAMA).

Delay EU climate scenario rules by a year to account for Omnibus, say German banks

Banks active in the EU will find it "practically impossible" to meet the current deadline to fully implement climate scenario analysis requirements by January, the Association of German Banks has told the European Banking Authority (EBA).

Omni-confusion

What will the EU's Omnibus regulation mean for sustainable finance, Michael Hurley asks

Net outflows accelerate for Article 9 funds

Investment groups urge EU to delay changes to SFDR

European investment groups have urged the European Commission to delay proposed changes to the Sustainable Finance Disclosure Regulation (SFDR), as they warned of a risk to investor confidence in the regime and to the reliability of disclosures.

Improved categorisation necessary to strengthen SFDR, EFAMA says

'More rigorous' standards see biennial review register big drop in sustainable assets

A big drop in the total assets judged as 'sustainable' globally has been reported in the latest in a series of biennial reviews, with tightened criteria in response to a "rise in greenwashing and greenhushing".