Regulators to tighten scrutiny of asset managers to stop ‘greenwashing’

Global securities regulators have proposed a stricter approach to preventing asset managers from ‘greenwashing’ or overstating the climate-friendly credentials of their products to investors. IOSCO, which groups securities regulators from the United States, Europe and Asia, set out how regulators can better protect investors from greenwashing and what sustainability-related standards the authorities should expect from […]

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