FCA publishes guidance on anti-greenwashing rule

ESG concept

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.

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