SIF 2023: FCA reveals 'crucial' ESG ratings code of conduct 'very close'

Mark Manning speaks at SIF

The FCA has revealed the draft code of conduct for ESG data and ratings agencies is due for imminent release.

Today (14 June), Mark Manning, responsible for sustainable finance and stewardship at the FCA, laid out the areas the regulator is prioritising across its portfolio of sustainable investing reforms at the Sustainable Investment Festival. Manning emphasised the "crucial" need for transparency within the ESG data and ratings market as reliance on providers continues to grow, echoing the sentiment of the European Commission's release earlier this week of its plans to regulate the sector on the continent.  SIF 2023: More rigorous approach will boost engagement effectiveness "The provid...