| ESMA finds increase in use of ESG-related language in the EU fund industry
October 2, 2023--The European Securities and Markets Authority (ESMA), the EU's financial markets and securities regulator, today publishes an article exploring the use of language related to environmental, social and governance (ESG) factors in EU investment fund names and documentation. |
| Tackling greenwashing is one of the key priorities in ESMA's Strategy on Sustainable Finance, and in this respect its assessment of how investment funds signal themselves (via their name or via their documents) is an important first step in the detection and monitoring of potential greenwashing.
In this study, ESMA shows that the share of EU UCITS investment funds with ESG words in their name has increased from less than 3% in 2013 to 14% in 2023. |
| Archax Executes First After-Hours Transaction of its Tokenized Canary HBR ETF on Hedera Mainnet December 5, 2025-Archax, the UK/EU-regulated digital asset platform, today announced the tokenization and first onchain transaction of the Canary HBR ETF on the Hedera Network. The completed out-of-hours transaction is a landmark achievement in blockchain-based finance: an ETF linked to Hedera's native token, tokenized and transacting on the Hedera Network itself, outside of traditional market hours. |