The UK's Financial Conduct Authority (FCA) has introduced new rules and a framework to combat greenwashing, aiming to protect retail investors from misleading environmental, social, and governance (ESG) claims. The regulations include banning vague 'sustainability' fund labels and proposing that investment advisers hold capital for redress. This move is part of the FCA's efforts to address false sustainability claims and ensure transparency in the financial sector.
With a new regime and set of regulations, the UK financial watchdog is gearing up to fight false sustainability claims. Full story 👇 https://t.co/9VGrvpUViL #Tech | #News | #Greenwashing
UK financial watchdog proposes investment advisers hold capital for redress https://t.co/aj5ysHnbDn https://t.co/XSRHWv16nY
UK bans vague ‘sustainability’ fund labels in greenwashing crackdown https://t.co/e2MNqBnFZV
A new framework designed to protect retail investors from misleading ESG claims has been unveiled by the UK’s financial watchdog https://t.co/lveaKu6H2b
A new framework designed to protect retail investors from misleading ESG claims has been unveiled by the UK’s financial watchdog https://t.co/whuQAiymQe
FCA sets out greenwashing rules https://t.co/wzLilyLmNp