In light of the Financial Conduct Authority's (FCA) publication of its Sustainability Disclosure Requirements (SDR) policy statement, Jonathan Griffiths summarises key aspects of the regulation, including the changes compared to the regulator’s previous Consultation Paper on the regime
The FCA recently published its long-awaited final policy statement for the SDR and investment labels regime. The regulator announced that it will be introducing an anti-greenwashing rule (applicable to all FCA-authorised firms who make sustainability-related claims about their products and services), reinforcing that sustainability-related claims must be fair, clear, and not misleading. This is being implemented later than previously expected, with a consultation process being undertaken until 26 January 2024, and the regulation coming into force in the FCA's handbook on 31 May 2024...
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