EU - Sustainable finance proposals for asset managers, investment advisers and insurance distributors

Earlier this year, the European Commission published a package of legislative proposals on sustainable finance, which are aimed at firms involved in investment decision-making processes and firms providing investment advice. The key impacts of these measures as proposed for asset managers, investment advisers and insurance distributors are: integration of ESG factors and risks in the legal duties firms owe to investors and/or clients; formal obligations to disclose how sustainab