Up until now, ESG investing has been a voluntary affair. But as a swathe of regulation approaches, it’s time for advisers to get clued up, writes Simone Gallo
It doesn't seem long since advisers were getting their house in order to comply with MiFID II suitability requirements, with final guidelines only issued in May 2018. Yet already amendments are afoot. This time in relation to sustainability assessments. The changes come via the European Commission, which made a formal request of the European Securities and Markets Authority (ESMA), as part of its Sustainable Finance Plan. This is the investment pillar of a broader vision to transform Europe into the first continent with zero environmental impact between now and 2050 (also known as the E...
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