A key outcome of the UK’s Financial Conduct Authority’s (“FCA”) ESG strategy is the promotion of integrity within the ESG-labelled securities market, supported by the growth of effective service providers. To that end, in...more
During July the FCA made two announcements which demonstrate its continued focus on culture and diversity and their intersection with governance. In a Consultation Paper, it announced proposed changes to Listing Rules which...more
8/30/2021
/ Consultation ,
Corporate Governance ,
Disclosure Requirements ,
Diversity and Inclusion Standards (D&I) ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Listing Rules ,
Prudential Regulation Authority (PRA) ,
Publicly-Traded Companies ,
SMCR ,
UK
On 22 June the FCA published two Consultation Papers setting out its proposals for climate-related disclosure obligations on the regulated sector. The first paper proposed extending the application of an existing Listing Rule...more
In January 2017, the UK Government issued a consultation paper calling for evidence on reforming corporate criminal liability for economic crime. Nearly four years later, on 3 November 2020, the Government’s response was...more
11/11/2020
/ Compliance ,
Consultation ,
Corporate Crimes ,
Corporate Liability ,
Criminal Liability ,
Environmental Violations ,
Financial Crimes ,
Financial Services Industry ,
Human Rights ,
Proceeds of Crime Act 2002 (POCA) ,
UK ,
UK Bribery Act ,
UK Corporate Criminal Offense
The Financial Conduct Authority ("FCA") and the Prudential Regulatory Authority ("PRA") (collectively referred to as "the Regulators") published a joint policy statement ("the Statement") on 1 February 2017. The Statement...more