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EU sustainable finance framework could evolve in favor of investment, ESMA says

( July 24, 2024, 13:30 GMT | Official Statement) -- MLex Summary: The EU Sustainable Finance regulatory framework could be further developed in the long term to facilitate investors' access to sustainable investments and support the operation of the Sustainable Investment Value Chain, the European Securities and Markets Authority said in an opinion today. ESMA recommended that the EU Taxonomy become the sole, common reference point for sustainability assessments, that all financial products disclose minimum basic sustainability information, and that consumer and industry testing be carried out before any policy solutions are implemented.Statement follows. The opinion is attached....

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