Asian investors need to prep for EU's new ESG challenge
Sustainable Finance Disclosure Regulation aims to standardise sustainability disclosures and prevent "greenwashing", and it will also affect non-EU financial market participants
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THE European Union (EU) implemented its Sustainable Finance Disclosure Regulation (SFDR) last month, imposing new disclosure standards on financial institutions operating within the EU.
But financial market participants elsewhere in the world - including those in Asia - need to take note: the new rules are going to affect them as well, and they need to be prepared sooner rather than later.
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