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Environmental representatives on the Platform for Sustainable Finance allegedly ‘told to table more favourable advice’ by senior EC official.
Platform outlines its thinking on how investors should assess human rights, bribery, corruption, taxation and fair competition under taxonomy rules.
If proposals are approved next month, it could widen the gap for asset managers between regulatory expectations and client demand.
This is the second set of guidance published by the EU legislative body on the SFDR.
Sustainable finance industry group warns that the UK will need to 'learn the correct lessons' from the EU’s experience with its green taxonomy.