As the deadline for the Financial Conduct Authority's (FCA) consultation on Sustainability Disclosure Requirements (SDR) closes today (25 January), industry commentators have revealed the changes they would like to see made to the proposals.
The regulator unveiled the SDR consultation paper on 25 October, which included proposals for three categories of investment labels to be used for sustainable investment products: ‘sustainable focus'; ‘sustainable improvers' and ‘sustainable impact'. While the introduction of labels has been widely welcomed, the FCA has received considerable feedback on how they can be best deployed and areas of concern. UK Sustainable Investment and Finance Association (UKSIF) chief executive James Alexander raised concerns about how the labels would be applied to asset classes other than equities and t...
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