Funds breathe out as EU regulators ease ESG data rules

Majority of mandatory indicators become optional in final draft of sustainability regulation

European regulators are rowing back on draft requirements in their new disclosure rules on sustainability. And buy-siders are heaving a sigh of relief.

Buy-side firms were critical of the draft legislation, published last April by three European watchdogs, known collectively as the European Supervisory Authorities, and described its requirements as impossible to meet. On February 4, the ESAs published their final report, including a raft of changes from the previous version that buy-side

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