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EFAMA Says Green Labelling Plan is Flawed

28 February 2023
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Industry body, the European Fund and Asset Management Association (EFAMA), has taken aim at one of the European Union’s regulators over proposed labelling laws for green funds. EFAMA said the European Securities and Markets Authority’s (ESMA) recommendation for a numerical threshold system for grading funds’ sustainability characteristics would not eliminate greenwashing. Its offered alternative calls for an evidence-based assessment of funds’ objectives and strategies.

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Related content

WEBINAR

Recorded Webinar: Regtech – How to digitalise the customer experience with KYC and AML Innovation

How can ‘digitalising’ client onboarding help to speed up data processing and improve customer experience?  How can you leverage digital capabilities to improve your Know Your Customer (KYC) and Anti-Money Laundering (AML) workflows, processes and checks? The task is not easy for financial institutions that have large, complex, legacy ecosystems, and standalone solutions and processes....

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06 November 2018
Data Management Insight RegTech Insight
BLOG

Diginex Labour Rights Expert Acquisition Highlights ESG Data Shift to Risk

Sustainability data and RegTech provider Diginex’s recent acquisition of The Remedy Project labour and human rights advisory illustrates how ESG is transforming from an investment strategy to a risk mitigation objective among financial companies. The London-based company, which last year purchased sustainability data and analytics provider Matter DK, anticipates that the The Remedy Project’s expertise...

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14 January 2026
Data Management Insight RegTech Insight
EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

26 March 2027
Data Management Insight
GUIDE

Enterprise Data Management

The current financial crisis has highlighted that financial institutions do not have a sufficient handle on their data and has prompted many of these institutions to re-evaluate their approaches to data management. Moreover, the increased regulatory scrutiny of the financial services community during the past year has meant that data management has become a key...

18 November 2008
Data Management Insight