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FCA Praised For “Globally Harmonised” ESG Strategy

UK regulator invites feedback on funds labelling policy as well as overhauling its general ESG plan, aimed at protecting market participants and creating more alignment.

The standards-based approach of the Financial Conduct Authority’s (FCA) new ESG strategy, announced last week, has been praised by law firm Linklaters and others as “highly desirable.” The UK financial services regulator also released a Discussion Paper, which invited views on potential criteria to classify and label sustainable investment products.…

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