Other news includes Microsoft state cyberattack appeals, greenwashing claims against Canadian banks, Northvolt files for bankruptcy and Chinese firms expand California presence.

Also in the news this week faltering growth in China, cybercrime is now an transnational growth 'industry' in Southeast Asia and Citibank will train its staff to avoid future compliance problems.

Government concern about the state of the energy markets has led to new rules, and to action by regulators targeted at the energy and commodity sector.

Also in the news this week TikTok is sued and Roblox targeted by short-sellers, while Chinese start-ups are playing catch-up on AI.

The board uses case studies to help market participants navigate a tricky area attracting regulatory scrutiny.

Publications investigate supervision and the mitigation of greenwashing risks.

ESAs propose improvements to the "complex and difficult to comprehend" SFDR and suggest introducing categories and/or sustainability indicators.

Firms need to check if they are in scope for the final rules if they are currently using sustainability related terms in their fund names.