Treasury Committee challenges FCA over the cost of greenwashing

The Treasury Committee chastised the FCA's Sustainability Disclosure Requirements proposals, calling for further work to be conducted on the "lop-sided" draft reforms. In a letter to the FCA's chief executive Nikhil Rathi today (9 March), the Treasury Sub-Committee on Financial Services Regulations criticised three main areas of the draft. Treasury sub committee in 'shock' over FCA's sustainable mis-selling omission The letter said a more detailed analysis of the costs to consumers of switching out of inappropriate products is "clearly necessary" and raised concerns over the FCA's ...