It is clear that the regulator expects firms to have robust controls in place to address the issues in this 2021 communication before the upcoming Sustainability Disclosure Requirements (SDR) and investment labelling rules come into force (some time in 2024).

We were joined by Clare Wood, a fund board director at First Sentier Investors (UK) Limited, and covered themes such as the design, delivery and product governance of sustainable investment funds, as well as oversight of fund disclosure, other customer facing documents and website engagement.