New FCA webpage on sustainability disclosure and labelling regime

Following the publication of its policy statement in November 2023, the FCA has launched a new webpage on the sustainability disclosure and labelling regime.

The webpage sets out the steps firms should take in preparation for the new rules coming into effect and includes a reminder of the implementation timeframes:

• 31 May 2024 – anti-greenwashing rule and guidance comes into force
• 31 July 2024 – firms can begin to use labels, with accompanying disclosures
• 2 December 2024 – naming and marketing rules come into force, with accompanying disclosures
• 2 December 2025 – ongoing product-level and entity-level disclosures for firms with AUM > £50bn
• 2 December 2026 – entity-level disclosure rules extended to firms with AUM > £5bn