Archive

Dawes named FCA director of sustainable finance

FCA closes Drax investigation

The UK Financial Conduct Authority (FCA) has closed its investigation into Drax, which related to the reporting of its sourcing of biomass for its energy production, as the regulator took no further action against the company.

FCA proposes cuts to UK financial institution climate reporting rules

UK financial institutions would have to report less information on climate-related risks under proposals by their regulator to replace rules based on the Task Force on Climate-related Financial Disclosures (TCFD) recommendations.

'No silver bullet' for transition finance but systemic change needed, FCA says

Greater coordination by policymakers, companies and financial institutions is needed to address widespread barriers to scaling transition finance, a study by the UK Financial Conduct Authority (FCA) found.

Inconsistencies in how credit ratings consider ESG factors, UK regulator says

Credit ratings agencies in the UK have been told to clarify how they consider environmental and social factors in ratings and address inconsistencies in documentation, after a review by their regulator.

FCA invites ESG rating providers to help it build regulation

UK's SDR regime has 'fallen short' and faces dim outlook, survey reveals

Far fewer funds than anticipated have adopted UK sustainability labels and asset managers were pessimistic about the possibility of future inflows to these funds, according to respondents to a survey.

Pensions group urges FCA to require more details on ESG raters' methodologies

UK invites voluntary reporting as it reveals sustainability standards

The UK government has invited companies to use newly published UK Sustainability Reporting Standards (SRS) voluntarily, ahead of mandatory requirements being revealed in coming months.

FCA consults on replacing TCFD with ISSB-aligned climate rules