Financial advisers will struggle to meet MiFID II sustainability obligations due to patchy data

  • Valeria Martinez
Asset managers prioritised Article 8 and Article 9 products for the first phase of the European ESG Template reporting, but Morningstar research shows that the data is inconsistent.

Lack of product comparability

From 2 August 2022, the amended MiFID II will require financial advisers to consider clients' sustainability preferences when conducting suitability assessments. If clients express an interest in making...

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