SIF 2023: FCA reveals 'crucial' ESG ratings code 'very close'

FCA's Mark Manning made the announcement at SIF 2023

The Financial Conduct Authority (FCA) has revealed the draft code of conduct for ESG data and ratings agencies is due for imminent release.

Today (14 June), FCA strategic policy adviser, sustainable finance Mark Manning laid out the areas the regulator is prioritising across its portfolio of sustainable investing reforms at the Sustainable Investment Festival 2023. Manning emphasised the "crucial" need for transparency within the ESG data and ratings market as reliance on providers continues to grow, echoing the sentiment of the European Commission's release earlier this week of its plans to regulate the sector on the continent.  "The providers of these services need to be trusted to have robust governance and manage conf...

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Sian Barnett Wike
Author spotlight

Sian Barnett Wike

Sian Barnett Wike is Deputy Editor of Sustainable Investment

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