The Sustainability Disclosure Requirements (SDR) could make it "more difficult for consumers to navigate non-labelled products", the Financial Conduct Authority (FCA) has said.
The regulator's strategic policy advisor Mark Manning last week said SDR could make it "more difficult for consumers to navigate non-labelled products" if the naming and marketing restrictions are not appropriately designed and implemented under the incoming regime. Speaking at the Investment Association's 2023 Sustainability and Responsible Investment Conference, Manning responded to concerns raised that the proposed SDR labelling system could create a tier of niche sustainable products comprised of funds that qualify for labels, while the majority of products with some degree of sustai...
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