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UK FCA's new package of sustainability disclosure requirements, labelling rules and anti-greenwashing rule

The Financial Conduct Authority’s (FCA) new package of sustainability disclosure requirements (SDR) and investment labelling rules is a key pillar of the UK government’s efforts to introduce an economy-wide SDR regime.

All FCA-authorised firms should pay attention to the anti-greenwashing rule which will come into force on 31 May 2024, and engage with the FCA’s consultation on its proposed anti-greenwashing guidance. 

In addition, UK asset managers and distributors should familiarise themselves with the new rules, including the new labels that they may choose to use from 31 July 2024. 

In this bulletin, we explain how the key components of the FCA’s new package fit together, highlight key actions and risks for firms to consider (including litigation and enforcement risks) and draw out what to expect on the horizon for UK SDR.

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UK FCAs new package of SDR labelling rules and anti greenwashing rule

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This content was originally published by Allen & Overy before the A&O Shearman merger

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