New EU ESG legislation: Who will foot the bill?

Although the regulation on ESG taxonomy and disclosures is yet to be detailed by the EU supervisors within ESMA, the regulators and fund associations alike are preparing for heightened costs in the green investment products.

The question on many fund companies’ mind at the moment is who will end up footing the bill for the added costs of the new regulation currently being drafted by the EU on ESG taxonomy and disclosures. In Sweden, a legislation that requires funds to report on
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