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Regulation will boost fund naming consistency and disclosures but more work is needed to ensure EU rules impact the real economy, speakers told a webinar hosted by Environmental Finance. Michael Hurley reports
Story time – The halfway point of the calendar year brings forth a stream of impact and sustainability reports from asset managers and owners, particularly in the UK, as signatories also comply with their obligations under the StewardshipCode.
Changes to the UK StewardshipCode wont lower ambition but will instead introduce more flexibility that better caters to its breadth of signatories, according to the Financial Reporting Council (FRC). Last year, the FRC was alsocriticised for watering down its ESG and audit requirements in revisions to the UK Corporate Governance Code.
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