Fund Managers Face Delays as EU Greenwash Rules Hit Hurdles

  • New technical standards proving harder to design than expected
  • EU is struggling to stick to ambitious timeline for rulebook
Photographer: Mikael Sjoberg/Bloomberg
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Europe will likely delay a vital plank of its anti-greenwashing regulation for fund managers, as authorities overseeing the process get slowed down by the sheer complexity of the task, according to a person familiar with the process.