FCA sets out new climate change and green finance rules

Industry News | 16/10/19

The FCA has set out proposals relating to its future work on climate change and green finance. The regulator says its priorities include issuers’ climate change disclosures, regulated firms’ integration of climate change risk and opportunities into their decision-making and consumers’ access to green financial products and services.

A statement, sets out key actions the FCA will take in each of these areas, including consulting on new rules to improve climate-related disclosures by certain firms and clarifying existing obligations.

Source: Financial Reporter