According to an update on HMT’s website, the government has confirmed as part of 2024’s Spring Budget today (6 March) that a regulatory regime will be implemented.
The regulatory regime will oversee the provision of ESG ratings, where "assessments of ESG factors are used for investment decisions and influence capital allocation".
Spring Budget 24: Chancellor unveils Great British ISA following calls from industry
HMT said this would "improve clarity and trust in ESG ratings".
The consultation sought to examine whether regulation for providers of ESG ratings should be introduced …
SEC Pauses Climate Change Disclosure Rules
by Patrick Paul, Shawane Lee, and John Habib The Securities and Exchange Commission (SEC) recently made a significant decision to pause its implementation of new rules aimed at enhancing climate change disclosures by public companies. (Order Issuing Stay) This move, which was announced on April 1, 2024, comes as a surprise to many observers who…
April 15, 2024
