The FCA intends the new ESG labelling regime to build ‘guardrails' to enhance the integrity of the market for sustainable investing, writes Alexander McGregor
As you may have seen, on 25 October the Financial Conduct Authority (FCA) published a consultation paper (CP22/20) with the aim of improving trust in sustainable investment products. The consultation mainly applies to fund managers and discretionary portfolio management services based in the UK. The FCA intends the new regime to build ‘guardrails' to enhance the integrity of the market for sustainable investing. What are the key proposals? New sustainable investment labels There will be a new ‘label regime' to make it easier to distinguish products according to the assets they ...
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