FCA Proposes New Rules on Climate-Related Disclosures by Listed Issuers

The FCA is moving towards formalising issuers’ compliance with the TCFD recommendations.

Key Points:

..The FCA is proposing that premium listed commercial companies will need to disclose how they have implemented the recommendations of the Financial Stability Board’s Taskforce on Climate-related Financial Disclosures, on a comply or explain basis.

..The FCA is also proposing new guidance regarding how issuers should comply with existing obligations that may require them to make climate-related disclosures...

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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