In a bid to simplify the regime, the European Supervisory Authorities run the risk of adding complexity, regulatory specialists say.
The European Supervisory Authorities’ (ESAs) proposal for a revamped Sustainable Finance Disclosure Regulation (SFDR) may seek to clarify the regime, but lawyers are concerned it could make it diverge from other jurisdictional rules, creating disruption for fund managers. The European Banking Authority (EBA), European Insurance and Occupational Pensions Authority (EIOPA), and…
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