IIGCC response to FCA consultation on enhancing climate-related disclosures by asset managers, life insurers, and FCA-regulated pension providers
The UK Financial Conduct Authority (FCA) published a consultation to introduce climate-related financial disclosure rules and guidance for asset managers, life insurers, and FCA-regulated pension providers on 22 June 2021.
As part of supporting the UK’s roadmap towards TCFD aligned climate-related disclosures across the UK economy by 2025, the FCA are proposing a climate-related financial disclosure regime for asset managers, life insurers and FCA-regulated pension providers that is consistent with the TCFD’s recommendations. The proposals aim to increase transparency and enable clients and consumers to make considered choices, while remaining proportionate for firms.
IIGCC submitted a response on the consultation to the FCA on 10 September. Download the response below.