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Amend EU insurance, fund laws to include climate risk, agencies advise

( May 3, 2019, 13:25 GMT | Official Statement) -- MLex Summary: EU laws governing the insurance, hedge fund and mutual fund sectors should be amended to ensure managers consider the sustainability of portfolios, EU watchdogs have advised. The legal advice was requested as the European Commisison considers how the financial sector can help make the transition to a low-carbon economy.Documents attached. ...

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