The association is very positive about the EU Commission's ambition in the area of regulatory simplification, aimed at strengthening competitiveness within the EU. The initiatives discussed regarding simplifications and improvements in sustainability reporting, such as ensuring that funds are not included in the reporting chain under CS3D and simplifying reporting under SFDR to make it more consumer-friendly, are welcomed. It is also essential to review the reporting burden across different regulatory frameworks, not only to avoid duplicate reporting but also to eliminate unnecessary reporting.
Read the full document: Comments on the Simplification of EU Regulations in the Fund Sector