Wolf Theiss’ Post

📖 Introducing this week's Legal Buzzword 👉 green bleaching brought to you by Christine SIEGL. According to the European Securities and Markets Authority (ESMA), "Green bleaching is a term used when a provider of investment services or products that in practice is "green" chooses not to claim that it is (such as marketing an Article 9 [SFDR] fund as "merely" an Article 8 [SFDR] fund) to avoid extra regulatory requirements and a potential regulatory or legal risk." "Green bleaching" is a rather new phenomenon and it’s rarely discussed and known whether it’s used intentionally. 🤔 Want to see a buzzword featured? Let us know in the comment section below! 👇 #WolfTheiss #WTLegalBuzzwordOfTheWeek #LegalTerms #LawOnTheLevel #LegalDefinition #GreenBleaching #GreenServices #GreenProducts 

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