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ACCA urges European Commission to improve SFDR classifications

Adhering to the SFDR's extensive disclosure requirements can be costly for asset managers, as it requires gathering and analysing vast amounts of ESG data, developing and implementing new reporting systems, and training staff on the regulation's intricacies

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ACCA and the Chartered Institute for Securities and Investment (CISI) have urged the European Commission to influence wider global regulations including SEC greenwashing rules.

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