FCA's anti greenwashing rules: 'Advisers must check details carefully'

‘It's not just the FCA's scrutiny firms need to watch out for’

Isabel Baxter
clock • 3 min read

Advisers have been urged to check specific fund strategy details carefully when it comes to avoiding greenwashing.

From today (31 May), the Financial Conduct Authority's (FCA) anti greenwashing rule has now come into effect. The regulator's anti -greenwashing rule aims to ensure firms are making fair, clear and not misleading statements. Advisers should now check specific fund strategy details carefully and make sure any recommendations are firmly grounded in reality, complete with appropriate caveats, SRI Services director Julia Dreblow tells Professional Adviser. Advisers and wealth managers have been on the receiving end of "far too many vague and exaggerated claims" about sustainable and ES...

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