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Lawyers predict FCA greenwashing crackdown after BaFin and SEC action
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fnlondon.comThe ongoing greenwashing debacle surrounding DWS jolted the asset manager last week, after a dramatic twist that saw German authorities raid its Frankfurt offices, just eight days after the US regulators fined BNY Mellon for allegedly making misleading ESG claims.
Now lawyers say it is only a matter of time before the UK regulator comes down hard on asset managers failing to live up to its ESG expectations.
“The...
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