FMA investigating three potential greenwashing cases

As part of its supervision of the sector, the regulator monitors market participants’ approaches to ethical investment practices.

An FMA spokesperson confirmed the latest actions to come out of its monitoring activity in a statement to Good Returns.

“The FMA is considering three matters for potential breaches of the fair dealing provisions, relating to ethical investing claims.”

However, the FMA did not name the market players it is looking into or disclose the nature of the potential breaches.