FMA releases updated guidance that provides more clarity on sustainability-related disclosures

The Financial Markets Authority (FMA) released updated guidance for issuers on sustainability-related disclosures, clarifying good practice for promoting financial products with environmental, social, or value-based characteristics. The guidance outlines four core principles: clarity, substantiation, consistency, and effective management of third-party involvement. It replaces previous guidance and aims to help issuers avoid misleading claims and greenwashing.