Regulatory AlertsPS21/24: Enhancing climate-related disclosures by asset managers, life insurers and FCA-regulated pension providers
The Financial Conduct Authority issued Policy Statement PS21/24 to enhance climate-related financial disclosures for asset managers, life insurers, and FCA-regulated pension providers. The regulator requires these firms to align their reporting with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations to improve transparency regarding climate risks and opportunities. These mandatory changes aim to support the UK's net-zero transition by ensuring consistent and comparable climate data across the financial sector.
Share