In October 2022, the Financial Conduct Authority in the UK (FCA) released its consultation paper on Sustainability Disclosure Requirements (SDRs) and sustainable investment labels.

Following responses to the paper, the FCA announced in March 2023 it was refining its labelling criteria and the eligibility of different products, asset classes and strategies for a label. Moreover, the FCA is refining the information on the primary and secondary channels that can be used to achieve sustainability, re-assessing its approach to marketing restrictions, and further considering international coherence with other jurisdictions. The regulator’s consultation was conducted due

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