MPs criticise ‘lopsided’ plans to prevent investment funds from greenwashing

14th March 2023


The Financial Conduct Authority (FCA) must do more to tackle investment funds that have misled customers with exaggerated sustainability claims, and not punish victims, a cross-party group of MPs has said.

Under current proposals to tackle greenwashing, consumers who invest in funds found guilty of the practice may have to pay to move their investments into new sustainable funds. However, the Treasury S

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