SDR policy launched

by Silvia Saccardi 29 November 2023

The FCA has released its policy statement on Sustainability Disclosure Requirements (SDR).

The long-awaited policy is accompanied by “consumer-focused” reforms, including an anti-greenwashing rule, four product labels, and naming and marketing requirements for investment funds.

In scope of the anti-greenwashing rule (applicable from 31 May 2024) are all FCA-regulated firms that make “sustainability-related claims” about their offerings. All UK asset managers are in scope of the “opt-in” investment labelling and marketing rules (applicable from 31 July 2024).

Product- and firm-level disclosures will be phased in from 2 December 2025, initially applying to fund managers with £50bn of AUM and above.

Categories: AnalysisNewsESGESG policyESG regulationESG updateRegs & ComplianceDomicileRegulatory update

22 February 2024

Next stop – carried interest

Liquidity event delays are having an effect on waterfall calculation models

23 February 2024

Intapp makes advancements in generative AI

The cloud-based software solution has released a generative AI-enabled package of features designed to help deal teams with automating the processing of unstructured data

22 February 2024

Vespa appoints sustainability manager

Linda Höglund joins the firm from Newton Investment Management Group

21 February 2024

S&P acquires Visible Alpha

Company aims to bolster Capital IQ offering as it explores opportunities in wealth management services

21 February 2024

Napier AI secures £45m

The investment was made by US credit asset manager Crestline Investors

20 February 2024

A&M partners with Pactio

Partnership enhances the firm’s M&A tax advisory services with Pactio’s transaction structuring automation tools