Europe: ESMA Provides Update on Fund ESG Naming Rules
By: Áine Ní Riain and Lucy Deane
On 14 December, the European Securities and Markets Authority (ESMA) issued a Public Statement updating its proposals for guidelines on funds’ names using ESG or sustainability-related terms, following its consultation on the same guidelines (ESMA34-472-373, the Guidelines) that ran from November 2022 to February 2023.
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