ICMA AMIC responds to UK FCA CP21/17: Enhancing climate-related disclosures by asset managers, life insurers and FCA-regulated pension providers
10 September 2021 ICMA’s Asset Management and Investors Council has submitted its response to the UK FCA CP 21/17: Enhancing climate-related disclosures by asset managers, life insurers and FCA regulated pension providers. AMIC welcomed the FCA’s proposals and noted that that the sequencing of the disclosure requirements should be first on the issuer side at international level (upcoming IFRS standard), followed by the buyside, and that in the meantime the proposed approach is applied on a “as far as they are able” approach, with accepted use of proxies and estimated data.