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European watchdogs call for overhaul of sustainable labels in SFDR review
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investmentweek.co.ukThe European Banking Authority (EBA), European Insurance and Occupational Pensions Authority (EIOPA) and European Securities and Markets Authority (ESMA) have argued for a sustainable investment system to «help consumers navigate the broad selection of sustainable products» and support the full transition to sustainable finance. FIF 2024: Half of Article 8 funds target less than 10% of sustainable investments In a joint opinion document published on Tuesday (18 June), the three ESAs urged the European Commission to consider the introduction of investment categories with «clear objecti...
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