On 23 April 2024, the FCA published the Finalised non-handbook guidance on the Anti-Greenwashing Rule (FG24/3). The anti-greenwashing rule and the guidance come into effect from 31 May 2024.
Background information
Following on from the publication of the Policy Statement (PS23/16) for Sustainability Disclosure Requirements (SDR) and investment labels, the FCA had consulted, until
26 January 2024, on their proposed guidance on the anti-greenwashing rule (GC23/3). This set out their expectations for any FCA authorised firm that makes claims about the sustainability of a product or service.
AREF submitted a response to the consultation. In drafting this response AREF liaised with other real estate related associations to ensure our responses were aligned.
AREF's Public Policy Committee and ESG & Impact Investing Committee oversaw AREF's response to the consultation.
Related Press Article: AREF's CEO Paul Richards talks to Property Week's Madeleine Knight about how proposed regulations will help the sector: Link to Property Week Article [February 2024}
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