UK to outline ESG ratings regulation as early as January

Whitehall sources told the FT that ministers were planning to unveil formal proposals as early as January next year following the three-month consultation that closed in June. The consultation was opened by the Treasury back in March and sought to look at whether regulation for providers of ESG ratings should be introduced, and on the potential scope of a regulatory regime. Ministers are still formally analysing the consultation responses, however. The review followed Chancellor Jeremy Hunt's rollout of the Edinburgh reforms in December 2022, when he announced that the government want...