|
By David SUETENS, Independent director and Pierre NEMETH, CEO SOPIAD
The last 12 months have been truly challenging for financial market participants as they had to prepare being compliant with different directives linked to the European Sustainable Finance Action Plan, one of them being the entry into force of ESG MiFID2 directive, which requires financial institutions to collect ESG preferences of their clients and assess the level of adequacy between sustainable preferences and investment products.
Last year, several attention points were raised by many financial market participants to the EU authorities, where some of them have been summarized in the latest ESMA guidelines on MIFIDII (October 2022). Common issues raised in 2022 were ...
|