The Swiss Financial Market Supervisory Authority FINMA today published guidance on preventing and combating greenwashing in the fund segment together with rules of conduct at the point of sale.
In its Guidance 05/2021 on preventing and combating greenwashing, FINMA sets out its expectations and current practice regarding the management of sustainability-related collective investment schemes at fund and institutional level. In addition, it warns financial service providers who offer sustainability-related financial products of potential greenwashing risks in the advisory process and at the point of sale.
