FCA proposes expanding climate-risk disclosure rules
Climate disclosure proposals are first “substantive” policy for asset managers since Brexit
The UK’s Financial Conduct Authority is seeking feedback on proposals to expand climate risk disclosures to members of the asset management and wider non-bank community.
In a statement today, the FCA said it is looking to introduce climate-related disclosure rules for asset managers, life insurers and regulated pension providers.
The disclosures would be aligned to recommendations made by the Task Force on Climate-related Financial Disclosures (TCFD). The regulator is also proposing to
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