Clifford Chance
The FSRA publishes guidance on ESG funds and model portfolios
12 February 2025
The Financial Services Regulatory Authority ("FSRA") has issued guidance on 14 November 2024 concerning funds domiciled in or marketed into or from the ADGM which claim ESG characteristics (the "ESG Guidance"). The ESG Guidance aims to clarify FSRA expectations for the management and marketing of such vehicles, mitigate the risk of greenwashing, and encourage transparent disclosure of ESG-related information in line with global best practices.
In this briefing, we cover the main points from the ESG Guidance with respect to the FSRA's expectations of funds holding themselves out as having ESG characteristics and the implications for fund managers.
