Scientific Beta

IPE: "Smart beta index provider Scientific Beta recently commented on the draft delegated acts relating to the sustainable finance-related benchmark regulations. Echoing criticisms it has made of the underlying TEG proposals, it said the draft delegated act relating to benchmark statement disclosures presented “long lists of ESG indicators to be compured and disclosed”."

IPE 01/05/2020

"(...) Smart beta index provider Scientific Beta recently commented on the draft delegated acts relating to the sustainable finance-related benchmark regulations. Echoing criticisms it has made of the underlying TEG proposals, it said the draft delegated act relating to benchmark statement disclosures presented “long lists of ESG indicators to be compured and disclosed”. It said “such extensive” minimum disclosures would entail material costs for benchmark administrators and stood to harm competition in the industry, with the minimum disclosures required also being of low “overall informational potential”. (...)"