EU must cut SFDR complexity, ACCA warns
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EU must cut SFDR complexity, ACCA warns
The ACCA has called on the European Commission to simplify its SFDR, warning that its current complexity risks undermining the bloc’s sustainability ambitions. In its submission to the EC’s review of SFDR, ACCA argues that excessive data demands and overly detailed reporting obligations are placing significant strain on businesses and financial market participants. According to the global accountancy body, these burdens are making it harder for …
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