Christine Ormond

This Practice Note analyses the climate-related disclosure requirements for asset managers, life insurers and Financial Conduct Authority (FCA)-regulated pension providers set out in the FCA Handbook, ESG sourcebook. The note covers, among other things, the asset managers and asset owners that are in scope of the rules; climate-related reports; the Task force on climate-related financial disclosures (TCFD) entity and product reports, group level disclosures and delegate reports. It also looks at the ESG sourcebook’s interaction with the EU Sustainable Finance Disclosure Regulation (Regulation (EU) 2019/2088) as amended by Regulation (EU) 2020/852 (EU SFDR).

This one minute guide provides a condensed summary of the key requirements of the UK Financial Services Authority (FCA)’s Sustainability Disclosure Requirements (SDR) and Labelling regime.

Financial Services analysis: Matthew Baker, partner, and Chris Ormond, associate director—Knowledge, at Bryan Cave Leighton Paisner discuss the UK government’s plans to green the financial system as set out in ‘Greening finance: A Roadmap to sustainable investing’.

Financial Services analysis: Matthew Baker, partner, and Chris Ormond, associate director—Knowledge, at Bryan Cave Leighton Paisner discuss the European Commission’s review of the Alternative Investment Fund Managers Directive (AIFMD), including legislative proposals on delegation, loan originating AIFs, cross-border access to depositaries’ services and liquidity management tools (LMT).