With one week to go until the MiFID II deadline for wealth managers to begin including ESG preferences in investor suitability profiles, Martin Greweldinger, co-CEO of Avaloq, comments on the requirements: From 2 August this year, wealth managers with EU-based clients will be required to expand their investor suitability assessments to include environmental, social and governance (ESG) preferences. Under this latest amendment to MiFID II, wealth managers will need to proactively assess their clients' sustainability preferences in the same way that risk tolerance and investment knowledge ...
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13 December 2024
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1 min read
