FCA proposes investment labels and restrictions on ESG product names
By IAN Editorial Desk
25 October 2022·Updated 26 September 2026·1 min read
Primary source: fca.org.uk
The Financial Conduct Authority said the consultation on its proposals remains open until 25 January 2023.
The Financial Conduct Authority published a press release on 25 October 2022 setting out new rules it proposes to tackle greenwashing.
The regulator is proposing sustainable investment product labels split into three categories, including one for products improving their sustainability over time, underpinned by objective criteria.
It also proposes restrictions on how sustainability-related terms such as ESG, green or sustainable…
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