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Regulators must tackle ‘severe risk’ of greenwashing, IOSCO says

Greenwashing will be a risk until common standards are in place, IOSCO boss warns

Greenwashing will continue to be a severe risk in financial markets, said secretary general of the International Organisation of Securities Commissions, Martin Moloney
Greenwashing will continue to be a severe risk in financial markets, said secretary general of the International Organisation of Securities Commissions, Martin Moloney Photo: Getty Images

The secretary general of the International Organisation of Securities Commissions, Martin Moloney, said regulators must tackle rising concerns of greenwashing.

“It's not always intentional,” Moloney said at the International Swaps and Derivatives Association's AGM. “It's not always driven by a desire or an intent to deceive people. But that only gives you so much consolation, because the fact is that greenwashing is very widespread.”

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