FSMA vigilant on greenwashing, bans four products

The Financial Services and Markets Authority (FSMA) analysed 20 structured products with new features in 2021. Of these, four products were seen as ‘particularly complex’ by the regulator as they did not meet the criteria of the moratorium, and were not sold in the retail market, according to the FSMA’s annual report. A year earlier, in 2020, the watchdog had examined 38 structured products of which 12 were banned. A sustainable financial product must be more than a mere mar