UK financial institutions face a complex regulatory landscape, whether it’s in relation to greenwashing, authorised push payments fraud or de-banking
In this week’s NLJ, Jeremy Richmond KC, Quadrant Chambers, and Michael Rhode, partner, and Alexander Emmott, associate, both Trowers & Hamlins, cover these three topics.
They provide an overview of incoming Financial Conduct Authority regulations on greenwashing and sustainability advertising, an update on developments in the law regarding authorised push payments fraud (APP fraud), and cover the latest developments in de-banking (de-risking).
The authors write: ‘Recent developments indicate we are likely to see a growing trend of greenwashing claims in the coming years.’ They cover the latest talking points and developments in all three areas, including a new reimbursement scheme for victims of APP fraud, and new rules to restrict the practice of de-risking.
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