FCA warns on 'poor quality' ESG fund launch applications

Regulator notes booming interest in ESG-related funds and the consequential response

Mike Sheen
clock • 2 min read
The FCA has said it expects "clear and accurate ongoing disclosures".
Image:

The FCA has said it expects "clear and accurate ongoing disclosures".

The Financial Conduct Authority (FCA) has warned asset managers about the “poor quality” of many ESG fund launch applications it receives, which it said “must improve”.

In response, the regulator has developed a set of guiding principles, informed by stakeholder liaison and consumer research, to help firms apply its existing rules and ensure ESG-related claims are "clear...

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