UK wealth manager LGT Vestra announced today it is compliant with the European Union’s Sustainable Finance Disclosure Regulation (SFDR), despite this no longer being necessary for domestic firms post-Brexit.

LGT Vestra said in a statement this was a move to "[get] ahead of the ESG regulatory curve".

SFDR requires financial service providers to disclose a range of sustainability risks within their business to clients, which may have a material negative impact on the financial return of an investment or advice.

Regulatory ‘first drafts’ issued in 2020 at first i...