German regulator consults on greenwashing rules for ESG funds

Desiree Fixler, DWS’ ex- head of sustainability, says Bafin would be more effective if it tackled mis-selling and securities fraud

Frankfurt am Main, Germany
Frankfurt am Main, Germany

German financial regulator BaFin has launched a consultation on proposed guidelines for sustainable funds, in an effort to “protect investors from greenwashing”.

Thorsten Pötzsch, BaFin’s Executive Director in charge of securities supervision and asset management, said that “where…

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