Incoming regulation: Treasury and FCA working on sustainability rules for advisers

Green finance paper

Tom Ellis
clock • 3 min read

HM Treasury has said it is working with the Financial Conduct Authority to figure out how to introduce “sustainability-related” requirements for financial advisers.

A key aim of its work, the Treasury said, was to make sure advisers "take sustainability matters into account in their investment advice and understand investors' sustainability preferences to ensure suitability of advice".  The government department did not set out any more detail on the incoming sustainability rules for financial advisers in its Greening Finance: A Roadmap to Sustainable Investing policy paper. Instead, it said proposals, which will be subject to consultation and cost benefit analysis, will be set out on a different timescale to proposals for financial market partic...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA unveils consultation into repealing MiFID organisational requirements

FCA unveils consultation into repealing MiFID organisational requirements

To be absorbed by regulator's handbook

Cristian Angeloni
clock 27 November 2024 • 1 min read
FCA's Hulme: MPs report 'not fair representation' of regulator's work

FCA's Hulme: MPs report 'not fair representation' of regulator's work

‘I don’t agree with the characterisation of the MPs statement’

Isabel Baxter
clock 26 November 2024 • 1 min read
MPs question Financial Conduct Authority's integrity in scathing report

MPs question Financial Conduct Authority's integrity in scathing report

'Too often fails to perform its functions to a reasonable standard'

Sorin Dojan
clock 26 November 2024 • 5 min read