Regularly under fire since its entry into force in 2021, the Sustainable Finance Disclosure Regulation (SFDR) was the subject of a European Commission proposal to simplify it on Thursday 20 November (see EUROPE B13671A25, B13739A17).
The objectives of this revision are to strengthen the framework, prevent greenwashing, make the framework more accessible to retail investors and more usable for financial market players.
“One of the main criticisms of the current framework is that it has...