FCA warns misleading benchmarks could create 'trust deficit'

Elliot Gulliver-Needham
clock • 2 min read
FCA warns misleading benchmarks could create 'trust deficit'

Some benchmark constructors “have not accurately described the economic reality” of their product, FCA warns

A Financial Conduct Authority director has revealed the regulator is concerned about ESG benchmarks, arguing their misleading construction has the potential to impact the transition to a net zero economy....

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