· Verena Ross Wiki · European Securities and Markets Authority WikiVerena Ross' speech at EFAMA Investment Management Forum, 24 November 2023
Read full speech on esma.europa.eu ↗ContextSpeech at the EFAMA Investment Management Forum in Brussels; ESMA protects investors and keeps EU markets orderly, and supervises asset managers channelling capital.
Why it mattersRoss proposes simpler green disclosures for retail investors and fuller ones for professionals.
Problems raised
- Non-bank finance carries financial stability risks.
- Sustainability disclosures are too complex.
- One format does not suit all investors.
Solutions proposed
- Take stock of stability initiatives for asset management.
- Simplify disclosures in the SFDR review.
- Offer simple retail disclosures and fuller ones for professionals.