The FCA has introduced a package of measures targeted at tackling greenwashing and improving transparency around investment products.
This includes the introduction of an anti-greenwashing rule, product labels and marketing requirements.
The move comes as an estimated $18.4 trillion of ESG-orientated assets are now being managed globally and follows the publication earlier this month of the FCA’s multi-firm review on the implementation of the regulator’s ESG ‘Guiding Principles’...