Sector Regulation Sector Regulation

Green-finance fund labels weren’t ‘pulled out of thin air,’ UK FCA tells lawmakers

Green labels for funds have not been "pulled out of thin air," despite lawmakers accusing the UK regulator of doing so, a senior official has said.

The analysis undertaken by the Financial Conduct Authority, which led to its conclusion that one-third of investment funds will qualify for a new labeling system for sustainable

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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