Hameed Shuja1 min read
Kevin Kinsella2 min read
Alexander Barzacanos1 min read
Thomas Hyrkiel5 min read
Carmen Cracknell2 min read
Julie DiMauro5 min read
GRIP2 min read
Hameed Shuja7 min read
Thomas Hyrkiel5 min read

The PRA has issued a principles-based, proportionate framework of expectations for firms to manage climate-related financial risk.

The proposals address well-documented concerns about opacity, reliability, and independence in the ESG ratings market.
Laura Houët | CMS, Ben Maconick | CMS, Oliver Williams | CMS7 min read

A holistic summary of the differences between the leaked version and this official version.
Laura Houët | CMS, Ben Maconick | CMS, Oliver Williams | CMS6 min read

New measures applicable to UK‑located providers delivering ratings to any client globally and also overseas providers where ratings are made available to UK customers.
Laura Houët | CMS, Ben Maconick | CMS5 min read

What’s changed and what it means for financial institutions.
Laura Houët | CMS, Ben Maconick | CMS3 min read

If endorsed, the use of these standards in reporting would initially be voluntary, but may become mandatory.

Voluntary UK Stewardship Code is widely adopted in the asset management industry.
Laura Houët | CMS, Ben Maconick | CMS, Oliver Williams | CMS3 min read

New framework offers greater flexibility, but it remains to be seen how many fund managers will take up joint payment options, given the guardrails in place.