Reports from the UK Financial Conduct Authority (FCA) and other regulatory bodies

UK Enforces Comprehensive Anti-Greenwashing Rules for Financial Institutions on Friday

May 31, 2024, 02:18 AM

The UK is set to enforce some of the most comprehensive anti-greenwashing rules to date, impacting banks and asset managers. These new regulations, which come into force on Friday, aim to ensure greater transparency and accountability in environmental claims made by financial institutions. The Anti-Greenwashing Rule is designed to prevent misleading information about the environmental benefits of investments, thereby promoting more genuine sustainable practices within the financial sector. #UK #Money #Environmental