ESMA proposes a long-term EU Sustainable Finance Framework with minimum basic sustainability disclosure for all financial products and a new product categorization system.
ESMA has outlined a long-term vision for the EU Sustainable Finance Framework, aiming for a minimum basic sustainability disclosure for all financial products, with a new product categorization system for sustainability and transition-related products. The regulatory framework should facilitate investor access to sustainable investments, with investors playing a key role in capital allocation. The framework's end-state goal is a clear and fair sustainability profile for financial products, to combat greenwashing practices.
July 24, 2024
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