Sector

Brussels mulls overhaul of SFDR classifications

Greenwashing: recognise regulatory uncertainty, industry argues
The European Commission is considering a revamp of the way sustainable investment products are classified and is about to launch a three-month consultation soon. The current system, governed by the Sustainable Finance Disclosure Regulation (SFDR), categorizes these products under Article 8 and Article 9, but this could be subject to change.
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