Published: June 5th, 2024,
Last updated: May 28th, 2025

Europe’s supervisory authorities are joining forces to combat the increasing whitewashing of supposedly „green“ financial products. Banks, insurers and other financial market players have a responsibility to provide sustainability information that is „fair, clear and not misleading“, emphasized the banking regulator EBA, the insurance regulator EIOPA and the securities regulator ESMA on Tuesday on the occasion of the publication of their latest analyses on so-called greenwashing in the financial sector.