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United Kingdom › Environmental Social & Governance (ESG) › Advertising Standards Authority

Jones Day

Major UK Bank Penalized by the ASA for Greenwashing

Jones Day on

On December 18, 2024, the Advertising Standards Authority ("ASA"), the UK's regulator of advertising, issued a ruling against Lloyds Bank plc ("Lloyds") following a complaint by Adfree Cities, a network challenging corporate...more

Morrison & Foerster LLP

Greenwashing Crackdown Continues with New FCA Rules

Morrison & Foerster LLP on

On 25 October 2022, the Financial Conduct Authority (“FCA”) announced a series of proposed measures aimed at tackling greenwashing. The proposed rules are designed to complement the FCA’s wider commitment to its...more

Cadwalader, Wickersham & Taft LLP

Disclosure: Financial Institution Advertisement Banned by UK Regulator

Cadwalader, Wickersham & Taft LLP on

The UK’s Advertising Standards Authority (ASA) has ruled that two UK retail banking advertisements, which made claims about the financial institution’s green credentials, were “misleading” and “omitted material information.”...more

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