FCA ESG fund labelling rules to be published within the year

Part of 2023/24 business plan

The Financial Conduct Authority has issued its strategy for the next 12 months, pledging to publish the finalised Sustainable Disclosure Requirements by this time next year.

In today's release (5 April) of its 'Business Plan 2023/2024', the FCA has maintained sustainability disclosures by both investment products and corporates as one of its priority areas for the year ahead, with the regulator making its first firm commitment to publish the final rules by the end of the period.  The FCA has taken the opportunity to assure firms of its intentions to "intervene quickly and assertively" against firms not meeting its Sustainability Disclosure Requirements (SDR), stating accurate market pricing and protecting consumers from misleading marketing as its primary mo...