Regulatory Alerts2024-11-14
Guidance on ESG Funds and Model Portfolios in ADGM
The Financial Services Regulatory Authority of ADGM issued this guidance to clarify expectations for the management and marketing of ESG Investment Vehicles, including Domestic Funds, Model Portfolios, and Foreign Funds. The document aims to mitigate greenwashing risks by requiring that product names, investment strategies, and disclosures are clear, fair, and not misleading to investors. It mandates specific transparency regarding ESG strategies, additionality, stewardship activities, and performance metrics to ensure alignment with global best practices.
Share