UK watchdog pushes back sustainability disclosures for asset managers
by Reuters
2023-03-29
LONDON, March 29 (Reuters) - Britain's financial watchdog said on Wednesday the introduction of new sustainability disclosure rules for investment funds will be pushed back after a heavy response to the watchdog's public consultation.
"To take account of the significant response, we intend to publish the Policy Statement in Q3 this year, and the proposed effective dates will be adjusted accordingly," the FCA said in a statement. It had planned to issue final rules at the end of the second quarter. (Reporting by Huw Jones, and Louise Heavens)
Important Information: This communication is marketing material. The views and opinions contained herein are those of the author(s) on this page, and may not necessarily represent views expressed or reflected in other Exclusive Capital communications, strategies or funds. This material is intended to be for information purposes only and is not intended as promotional material in any respect. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument.