UK watchdog gives funds anti - greenwashing rule extension
Companies seeking to change their product names and comply with a new regulation on sustainability have been given extra time to apply for changes, the Financial Conduct Authority (FCA) has announced, ahead of the UK financial watchdog s latest deadline for disclosure rules being granted. The BBC understands how firms can complo. But ¿ What is it actually going to be done to tackle greenwashing - and how they are taking steps to stop using sustainable products and services in Britain and Europe could be changed by 2024? The Treasury has warned investors to keep up momentum in the process of making new investment labels and avoiding environmental and social principles to protect consumers from climate change and greenwashing, but experts have urged companies to continue to work together with regulators in order to help them meet the high standards of protection, writes the BBC Newsnight. They have told us about how to make them more transparent about the environment and environment claims which are not always reaching high levels of regulatory regulations. But why is the move giving them an extension to complacency until the end of this year? Why is there no longer enough time for them to meet safety laws when it comes into effect? What does it mean for companies getting more transparant about themselves and what is expected to happen? And what would be the answer to the issue? BBC Monitoring looks at what happened to companies who want to use an investment label?
Source: swissinfo.chPublished on 2024-09-09
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