FCA publishes guidance on anti-greenwashing rule
By 
Aaron Nicodemus2024-04-23T19:29:00
The U.K. Financial Conduct Authority (FCA) issued new guidance on how to comply with its upcoming anti-greenwashing rule, which is set to take effect May 31.
The rule is designed to protect consumers by ensuring sustainable products and services sold are accurately described, the FCA said Tuesday in a press release.
The FCA’s regulation package adopted last year contains two sets of rules and an investment labels regime all set to take effect during 2024.
Related articles
-
News BriefFCA delays compliance date for certain parts of ESG rule package
The U.K. Financial Conduct Authority is pushing back the date for some firms to comply with its naming and marketing rule amid struggles to prepare for it, the FCA said Monday.
-
PremiumFCA: Most banks don’t subject U.K. politicians to excessive risk checks
The U.K.’s Financial Conduct Authority asked banks and financial institutions “to do more” to ensure that U.K lawmakers and their families are not treated unfairly.
-
PremiumExperts: Further reforms needed beyond revamped London Stock Exchange rules
The U.K. Financial Conduct Authority is revamping the London Stock Exchange rules, but more changes may be needed to achieve growth and attract initial public offers, experts said.
More from Regulatory Policy
-
ArticleDOJ is ramping up, not ramping down, health care fraud enforcement
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.
-
ArticleU.K. enforcement appetite over off-channel comms grows as U.S. wanes
The U.K’.s financial regulator has given a strong indication that financial firms’ use of unauthorized devices and apps is under scrutiny and that policies around off-channel communications need to be tightened up.
-
ArticleFinCEN seeks to lighten the regulatory load on casinos
Regulatory relief from anti-money laundering rules is in the cards for casinos, insurance companies and other non-bank financial institutions, the U.S. Treasury Department’s Treasury’s Financial Crimes Enforcement Network (FinCEN) said Monday.