UK FCA ESG Regulations
As the regulator of the UK’s financial markets and financial institutions, the UK Financial Conduct Authority has established an ESG Advisory Committee to formulate guidelines for ESG information disclosure and ESG data products. The FCA also formulates regulatory policies for the naming, classification and sustainable disclosures of ESG funds.
The Buy-Side Directorate under Financial Conduct Authority regularly conducts ESG investigations on asset management companies and issues reports.
FCA Releases DP on Sustainable Governance for Financial Companies
The Financial Conduct Authority (FCA) of the United Kingdom issued a discussion paper on sustainable governance for financial companies to solicit governance opinions related to sustainable development. FCA believes that the financial industry needs to play an important role in the process of net zero transition, and the sustainable governance of financial companies is becoming more important
FCA Plans to Supervise Asset Management Companies on ESG
The Financial Conduct Authority (FCA) plans to carry out an ESG supervision on asset management companies. The supervision is under the charge of the Buy-Side Directorate of FCA, which includes the corporate governance content that asset management companies are most likely to have a negative impact on consumers and the market in their business activities
FCA Announced Establishment of ESG Advisory Committee
The Financial Conduct Authority of the United Kingdom announced the establishment of the ESG Advisory Committee, whose work includes the formulation of guidelines for ESG data and rating agencies, guidance and supervision of ESG disclosure