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UK push for sustainability labeling to see call for views this summer

By Phoebe Seers ( May 9, 2022, 15:25 GMT | Insight) -- UK plans to require asset managers to attach a “sustainability label” to their financial products are moving closer to reality, with a regulator saying a formal call for views would be launched this summer. The proposal imagines a three-tiered approach: financial services companies would have to categorize each investment, have accessible consumer-facing disclosure, and then more detailed disclosures aimed at institutional investors.UK plans to require asset managers to attach a “sustainability label” to their financial products are moving closer to reality, with a regulator saying a formal call for views would be launched this summer. ...

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