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EU banking regulator sees a 'clear increase' in greenwashing cases

EU flags outside the European Commission building
(Photo: Beata Zawrzel/NurPhoto)

The EBA's concerns about misleading sustainability credentials mirror those of the securities and the pensions regulators. The European Banking Authority has published a report on the presence of greenwashing in the financial system and found a "clear increase" in the overall number of potential misleading claims by banks and other ...

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