The FCA has published a discussion paper on the classification of sustainable investment products and new sustainability disclosure requirements for asset managers.
Responses to the paper will be used to develop policy proposals, which will then be consulted on in the second quarter of 2022. The publication of the Sustainability Disclosure Requirements (SDR) and investment labels Discussion Paper forms part of the requirements set out in the Government's Greening Finance: A Roadmap to Sustainable Investing, published last month. It is also part of the FCA's new ESG Strategy, also released today. 'A strategy for positive change: our ESG priorities' sets out the FCA's role in supporting the transition to a more sustainable economy, working with in...
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