RegAlert2021-09-10
Added
CP21/17: Enhancing climate-related disclosures by asset managers, life insurers, and FCA-regulated pension providers
The Financial Conduct Authority proposes introducing a new Environmental, Social and Governance Sourcebook to mandate climate-related financial disclosures for asset managers, life insurers, and FCA-regulated pension providers. The proposals require in-scope firms with at least £5 billion in relevant assets to publish annual entity-level TCFD reports and product or portfolio-level disclosures, including core metrics, on their main websites or upon request to eligible institutional clients. The consultation seeks comments on these rules by 10 September 2021, with a policy statement anticipated later in 2021.
FCA published 8 documents in the last 30 days — get each new one by email the day it lands.
Enhancing climate-related disclosures by asset managers, life insurers, and FCA‑regulated pension providers Consultation Paper CP21/17 June 2021
CP21/17 Financial Conduct Authority
Enhancing climate-related disclosures by asset managers, life insurers, and FCA‑regulated pension providers Moving around this document Use your browser’s bookmarks and tools to navigate. To search on a PC use Ctrl+F or Command+F on MACs. How to respond We are asking for comments on this Consultation Paper (CP) by 10 September 2021. You can send them to us using the form on our website at:
www.fca.org.uk/cp21-17-response-form
Or in writing to:
Louisa Chender
Financial Conduct Authority
12 Endeavour Square London E20 1JN
Telephone:
020 7066 6849
Email:
cp21-17@fca.org.uk
Sign up for our news and publications alerts See all our latest press releases, consultations and speeches. Contents 1 Summary 4 2 The wider context 10 3 Design, scope, timing of implementation and compliance basis 16 4 Entity-level disclosure rules and guidance 23 5 Product or portfolio-level disclosure rules and guidance 30
Annex 1
Questions in this paper 42
Annex 2
Cost benefit analysis 45
Annex 3
Compatibility statement 59
Annex 4
Abbreviations used in this paper 64
Appendix 1
Draft Handbook text
Appendix 2
TCFD recommendations, recommended disclosures and supplemental guidance
Appendix 3
Formulas for calculating certain core metrics
Read the rest free, and get an email when FCA publishes again
Lineage: In force
Source: Financial Conduct Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from FCA
FCA published 8 documents in the last 30 days. We email you each new one the day it's published.