Greenwashing — the key differences between FCA and EU regulation

Receiving close attention from the investment community, the proposal imposes sustainable investment labels, disclosures and related requirements. It builds on the FCA's existing rules for climate-related disclosures by investment managers, which were finalised in December 2021. Ultimately, many of the challenges surrounding this latest proposal will stem from its divergence from European Union (EU) requirements currently in force.  The FCA proposal stands to present meaningful time and expense for firms that do business across both Europe and the UK. The proposal is open for co...