Financial Services Financial Services

Plans for EU asset manager green disclosures meet lawmaker backlash over oil and gas exclusion

By Jack Schickler
  • 27 Apr 2020 11:52
  • 02 Jun 2020 08:57

EU asset managers should have to reveal holdings in all kinds of fossil-fuel companies, not just in coal producers, under planned sustainability disclosure rules, two leading lawmakers have told MLex. 

< Proposals from the EU financial supervisory agencies were “out of touch” and inconsistent with EU law because they redefine fossil fuels

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