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ARTICLE · 01 NOVEMBER 2022

FCA Consults On New UK Sustainability Disclosure Requirements

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On 25 October 2022, the United Kingdom's Financial Conduct Authority ("FCA") published a consultation paper (CP22/20) on Sustainability Disclosure Requirements ("SDR") and investment labels (the "Consultation").

United KingdomFinance and Banking
Kirsten Lapham
Kirsten Lapham
John Verwey
John Verwey
Amar Unadkat
Amar Unadkat
Michael Singh
Michael Singh
Sulaiman Malik
Sulaiman Malik
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On 25 October 2022, the United Kingdom's Financial Conduct Authority ("FCA") published a consultation paper (CP22/20) on Sustainability Disclosure Requirements ("SDR") and investment labels (the "Consultation").

The Consultation follows last year's discussion paper (DP21/4) and is a long-awaited step in the process for the United Kingdom to develop its own ESG disclosure regime following the roll out of the EU's Sustainable Finance Disclosure Regulation ("SFDR"). In combination with the UK Green Taxonomy that is in process, which forms an important part of the post-Brexit push towards a standalone ESG regulatory framework (please refer to our separate note here on the UK Green Taxonomy).

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