The new ESG guidelines of the SBA - Can they also be applied to asset managers?
Regulatory & Compliance The new ESG guidelines of the SBA - Can they also be applied to asset managers?
Since the end of the transition period on 1 January 2024, member institutions of the Swiss Bankers Association (SBA) have had to take into account the "Guidelines for financial service providers on the integration of ESG-preferences and ESG-risks into investment advice and portfolio management" in their new client business - for existing clients, the transition period runs until 1 January 2025. Below, we inform you about the main changes and outline the possible need for action for other financial service providers such as asset managers.
Boris Hofer
Valentine Resta
| 5 min read |