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Misleading ESG claims targeted by FCA and SEC rules

FCA HQ
Photo: FCA

The naming of financial products is coming under scrutiny as regulators move on greenwashing.

Regulators on both sides of the Atlantic continue to have greenwashing firmly in their sights. In the UK, the FCA has just proposed a set of rules that aim to tackle greenwashing, specifically focusing on the labelling or naming of investment products. The FCA is concerned about “exaggerated, misleading or