By Kyle Brasseur2024-05-17T17:27:00
The European Securities and Markets Authority (ESMA) published its final report containing guidance for the use of environmental, social, and governance (ESG)- and sustainability-related terminology in fund names.
The guidance, issued Tuesday, follows a consultation launched in November 2022 that reflected ESMA’s view that ESG- and sustainability-related terms in fund names “should be supported in a material way by evidence of sustainability characteristics or objectives that are reflected fairly and consistently in the fund’s investment objectives and policy.”
ESMA said in a press release the guidance would apply three months after translation and publication onto the regulator’s website, with a transition period of six months.
2024-06-06T17:00:00Z By Aaron Nicodemus
The European Securities and Markets Authority, European Banking Authority, and European Insurance and Occupational Pensions Authority issued reports on greenwashing in the financial sector, describing how they plan to call out examples of false or misleading sustainability claims.
2024-05-09T20:36:00Z By Adrianne Appel
Athletic apparel company Lululemon is under investigation by the Canadian Competition Bureau regarding whether it made misleading claims about environmental aspects of its business.
2024-04-23T19:29:00Z By Aaron Nicodemus
The U.K. Financial Conduct Authority issued new guidance on how to comply with its upcoming anti-greenwashing rule, which is set to take effect May 31.
2025-10-15T19:43:00Z By Jaclyn Jaeger
Under the Trump administration, the Department of Health and Human Services and the Food and Drug Administration have been hellbent on eliminating synthetic food dyes from food and beverage products, forcing a jarring and costly overhaul with cascading impacts on the operations of the entire industry.
2025-10-08T20:08:00Z By Ruth Prickett
Private companies that are keen to trade their shares but do not wish to become listed have gained another way to trade their shares. The U.K. government completed its initial review and published rules for the system in June.
2025-10-03T21:24:00Z By Adrianne Appel
While the Trump administration may have shifted away from pursuing small, white-collar, financial crimes, its focus on health care fraud cases is as hot as ever.
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