FCA updates ESG strategy and says adviser rules on the way

'Advisers should consider sustainability matters in their investment advice'

clock • 3 min read
ESG matters are high on the agenda as there is a risk of harm if the financial sector responds to rising consumer demand and awareness of ESG issues without a supportive regulatory foundation and adequate guard-rails, the FCA warned.
Image:

ESG matters are high on the agenda as there is a risk of harm if the financial sector responds to rising consumer demand and awareness of ESG issues without a supportive regulatory foundation and adequate guard-rails, the FCA warned.

The Financial Conduct Authority (FCA) has published its ESG strategy setting out its target outcomes and action plan as the United Nations Climate Change Conference (COP 26) continues.

The regulator said supporting the financial sector in driving positive change was an important goal. This included the transition to net zero as the sector had an important role to play in helping the...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA to review advisers' capital requirements

FCA to review advisers' capital requirements

Part of consumer investment strategy

clock 06 December 2021 • 4 min read
Megan Butler of the FCA

FCA's Megan Butler to step down from exec role

Stephen Braviner Roman to join

Pedro Gonçalves
clock 06 December 2021 • 2 min read
FCA clamps down on Appointed Representatives in fresh consultation

FCA clamps down on Appointed Representatives in fresh consultation

Require stronger oversight by principals

clock 03 December 2021 • 4 min read