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Asia-Pacific

New FSA Head Issues Warning to Japanese Fund Providers

The FSA plans to establish a new framework for the certification of ESG-related funds. It is also exploring mandatory climate risk disclosures.

Japan’s Financial Services Agency (FSA) will step up scrutiny of funds claiming to be environmentally friendly and be on the lookout for “greenwashing”, Reuters reports. Junichi Nakajima, who became Head of the FSA last month, said in an interview that one of the regulator’s priorities for the current year is…

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