On Oct. 21, GRE HCMC incorporated ESMA guide on ESG fund names.
GRE HCMC said it incorporated into its supervisory practice the ESMA Guidelines on fund names using ESG or sustainability-related terms, available on ESMA website.
Follows ESMA Aug. 2024 published translations in all the official EU languages of its Guidelines on funds' names using ESG/sustainability-related terms, see #153820.
Effectiveness
The ESMA guidelines will start applying on Nov. 21, 2024
Regulators
GRE HCMC
Entity Types
HF; IA; Inv Co
Reference
PR, 10/21/2024; ESMA34-1592494965-657; ESG
Functions
Compliance; C-Suite; Environment; Product Design; Social
