The Financial Conduct Authority has delayed the publishing of the Sustainability Disclosure Requirements policy statement until Q4 2023.
In a regulatory update from CEO Nikhil Rathi and deputy governor of prudential regulation at the Bank of England Sam Woods, the watchdog said that the regime had been pushed to the end of the year. Previously scheduled for Q3, the investment labelling scheme closed its consultation in January, having received about 240 written responses. FCA director of ESG Sacha Sadan pushes back against criticisms of labelling scheme "These policy changes will help the UK's asset management sector thrive by setting standards that improve the sustainability information consumers have access to...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
