By pushing the deadline from 2 December 2024 to 2 April 2025, the extension responds to the challenges companies have confronted in implementing the modifications required by the SDR.
The FCA’s determination acknowledges the complexities of aligning fund methods, fund names, advertising supplies, and disclosures with the brand new sustainability requirements.
The choice to increase the deadline stems from the realisation that companies have been taking longer than anticipated to make needed modifications and to specific their sustainability method, significantly when utilizing the brand new sustainability labels.
UKSIF CEO: Fin…