On 14 May 2024, the European securities regulator ESMA published its long-awaited "Guidelines on funds' names using ESG or sustainability-related terms". EU fund managers and managers of funds marketed into the EU will need to comply with minimum sustainability requirements when using such terms.
On 21 August 2024, ESMA published translations of the Guidelines in all EU languages. As a result, the Guidelines will come into force for new funds on 21 November 2024 and existing funds on 21 May 2025.
In our updated briefing we unpack the new guidelines and explain what managers need to do next to ensure compliance.
Following a regulatory development, this briefing has been updated and re-published. You can access the briefing here.
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