Morningstar: FCA has 'once-in-a-generation opportunity' in SDR

In the firm's Global Investor Experience Report Update on Fund Disclosures report published today (18 May), it said that while most regulatory regimes are built from "incremental piecemeal approaches", the wide-ranging changes expected from SDR could allow a holistic approach. The report explained that the proposed SDR regime had three substantive differences from the EU's SFDR, namely in labelling being an "integral part" of the regime, detailed ESG disclosures being less prescriptive and greater emphasis on consumer-facing disclosure. SDR holds "a lot of promise", the firm said, esp...