The report is a useful indicator of where the FCA expects firms to focus now.
SDR
Regulatory topics that will have a significant impact on institutions operating in the UK financial services sector this year.
New proposals aim to streamline sustainability reporting and provide greater clarity and flexibility for firms.
The FCA has outlined its next steps, which focus on enhancing and simplifying the sustainability reporting framework.
Responsible investment with key achievements and progress applauded but speakers flag ongoing challenges including geopolitical risk.
We spoke about sustainability and climate reporting in US, UK and EU; the divisive nature of ESG; and the regulatory compliance burden on firms.
The FCA has offered firms temporary flexibility to comply with “naming and marketing” rules under the SDR regime until April 2, 2025.
A summary of the most significant proposals affecting the financial services sector.