IA comments on final SDR rules
Commenting on today's publication of the Sustainability Disclosure Requirements (SDR) and investment labels, Galina Dimitrova, Director, Investment and Capital Markets at the Investment Association, said:
"Today's publication of the new Sustainability Disclosure Requirements (SDR) and investment labels regime brings welcome clarity to investment managers on the regulator's expectations for this important area of the fund market, and we fully support the aim to bring greater transparency and comparability to sustainable investment which will help investors make informed investment decisions. We are pleased to see that the regulator has listened and taken a broader approach on several key issues, such as the accommodation of mixed-asset funds within the labels and greater flexibility over marketing rules. We also welcome the commitment to work with other regulators around the world to encourage compatibility of sustainable finance standards. This more inclusive and pragmatic approach should ensure that standards in the sustainable investment market are raised and investors are better equipped to make informed choices across the full range of funds. We look forward to working with the regulator and investment managers to implement the new regulation and understand how it will work in practice."
For further information, please contact:
Helen Ayres, Head of Communications: [email protected]
T: +44 (0)20 7269 4620
Arianna Schardt, Communications Executive: [email protected]
T: +44 (0)20 7269 4625
IA Press Office: [email protected]
About the Investment Association (IA):
- The IA champions UK investment management, supporting British savers, investors and businesses. Our 250 members manage £8.8 trillion of assets and the investment management industry supports 126,400 jobs across the UK.
- Our mission is to make investment better. Better for clients, so they achieve their financial goals. Better for companies, so they get the capital they need to grow. And better for the economy, so everyone prospers.
- Our purpose is to ensure investment managers are in the best possible position to:
- Build people’s resilience to financial adversity
- Help people achieve their financial aspirations
- Enable people to maintain a decent standard of living as they grow older
- Contribute to economic growth through the efficient allocation of capital.
- The money our members manage is in a wide variety of investment vehicles including authorised investment funds, pension funds and stocks and shares ISAs.
- The UK is the second largest investment management centre in the world, after the US and manages 37% of all assets managed in Europe.