Failure to understand the requirements of the Sustainable Finance Disclosure Regulation, known as SFDR, could expose asset managers to reporting and greenwashing risks, not least with the sustainability preferences aspects of MiFID II coming down the pike. “SFDR has been very often seen by some as a product classification and even as a product-labelling initiative, both of which are absolutely not the case,” Nathalie Dogniez, a partner with PwC Luxembourg told Investment Officer.
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