Regulatory Alerts2023-06-23
Supplementary Guidance on Sustainable Finance
The Financial Services Regulatory Authority issues this guidance to establish voluntary designation frameworks for ADGM Green, Climate Transition, and Sustainability-Linked financial products including funds, portfolios, bonds, and sukuks. The document mandates the use of acceptable green taxonomies and third-party attestation to verify environmental credentials while imposing strict investment thresholds to mitigate greenwashing risks. It further regulates the voluntary use of official ADGM designation marks, requiring written regulator consent and clear disclosures to ensure marketing communications remain fair and not misleading.
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