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Enforcement Tsunami - UK's FCA Tightens Grip on Sustainable Funds www.jaspercolin.comban site
The Financial Conduct Authority (FCA), the UK's financial regulator, has toughened its stance against greenwashing in sustainable funds. New regulations require honest claims, rigorous reviews, full transparency, and clear communication from fund issuers. They must substantiate and justify their marketing statements. While these rules enhance confidence among green investors, they pose challenges for issuers.
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posted by Jaspercolin 1 year ago
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