Accounting Body ACCA Calls on EU to Simplify Sustainable Finance Disclosure Regulation
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The EU Taxonomy Regulation should make the European capital market more environmentally friendly, but the bureaucratic burden is enormous.
Accounting Body ACCA Calls on EU to Simplify Sustainable Finance Disclosure Regulation
Global accountancy body the Association of Chartered Certified Accountants (ACCA) has called on the European Commission to introduce changes to the Sustainable Finance Disclosure Regulation (SFDR), focused on simplifying and reducing the reporting burdens for financial markets participants under the regulation. In a letter responding to a call for evidence on the SFDR by the […]
ACCA urges EC to simplify sustainable finance disclosure rules
The Association of Chartered Certified Accountants (ACCA) has called on the European Commission (EC) to simplify the Sustainable Finance Disclosure Regulation (SFDR) and alleviate its reporting burdens. The organisation highlighted that the complexity of the regulation is hindering businesses’ sustainability initiatives. Streamlined requirements, the association argued, are essential for effective implementation and to attract private investment…
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