1st June 2022

ESMA published guidance to promote convergent supervisory action in the EU in combating Greenwashing

This work will help combat greenwashing by establishing common supervisory criteria for National Competent Authorities (NCAs), to effectively supervise investment funds with sustainability features.

This briefing covers the following areas:

• Guidance for the supervision of fund documentation and marketing material, as well as guiding principles on the use of sustainability-related terms in funds’ names; and
• Guidance for convergent supervision of the integration of sustainability risks by AIFMs and UCITS managers

Read full supervisory briefing HERE.