The Financial Conduct Authority has been urged to review the current Sustainability Disclosure Requirements (SDR) in order to include ethical funds in their remit.
Speaking at the SRI Services Good Money Week conference on Thursday (3 October), Miranda Beacham, head of UK responsible investment at Aegon Asset Management, highlighted the "challenging" implementation process of SDR, which has exceeded the industry's expectations. Although she praised the regulator for pushing for greater transparency within the sustainable investment landscape, she argued the current SDR regime has some shortcomings. FCA SDR implementation policy for portfolio management to be delayed to Q2 2025 More specifically, she noted that ethical funds are not included i...
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
