In October, the Financial Conduct Authority (FCA) unveiled its latest consultation on its proposed Sustainability Disclosure Requirements (SDR), which aim to reduce greenwashing by providing labels for investment products. These new product rules, though similar to the European Union's (EU) Sustainable Finance Disclosure Regime (SFDR), have differences in the approach taken by the respective regulators. Rather than providing a label for a fund, SFDR instead impose mandatory disclosures on asset managers. Unlike the SFDR or proposed Securities and Exchange Commission rules, the UK labe...
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