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EU Commission could have given itself more time on SFDR 2.0, says Clarity AI

The EU Commission's UK-inspired reboot of the Sustainable Finance Disclosures Regulation (SFDR) could lead to some of the same teething issues, according to sustainability technology company Clarity AI.

SFDR revision delayed until year-end

Gaps remain despite progress on PAI reporting, as regulators told to step up scrutiny

Gaps remain in financial institutions' reporting of the 'principal adverse impacts' (PAIs) of investments, and despite gradual improvements in some areas EU regulators were told to "increasingly challenge" investors on their reporting.

More than 40% of ESG funds would breach ESMA naming rules, ClarityAI says

More than 40% of funds using environmental and impact terms are invested in assets that breach exclusionary criteria in new EU fund name rules, potentially requiring managers to change their fund's name or divest assets, ClarityAI has said.