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ARTICLE · 05 DECEMBER 2023

Updates From The FCA On SDR And Greenwashing

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On November 28, the United Kingdom Financial Conduct Authority (FCA) published a policy statement (Policy Statement) on its upcoming sustainability disclosure requirements (SDR).

United KingdomStrategy

On November 28, the United Kingdom Financial Conduct Authority (FCA) published a policy statement (Policy Statement) on its upcoming sustainability disclosure requirements (SDR). The statement contains new rules and guidance covering, among other things, greenwashing, investment labelling, and naming and marketing requirements, with the aim of improving trust and transparency in the market for sustainable investment products.

The Rules and Guidance

The Policy Statement follows the FCA's earlier consultation paper, published in October 2022, which in turn built on the FCA's November 2021 discussion paper. The essential elements of the proposals remain the same but there are some noteworthy changes.

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