{"id":1724,"date":"2021-12-17T11:36:27","date_gmt":"2021-12-17T11:36:27","guid":{"rendered":"https:\/\/www.xp-49.com\/?p=1724"},"modified":"2021-12-30T11:46:36","modified_gmt":"2021-12-30T11:46:36","slug":"17th-december-2021-uk-fca-policy-statements-enhancing-climate-related-disclosures-ps21-23-ps21-24","status":"publish","type":"post","link":"https:\/\/www.xp-49.com\/17th-december-2021-uk-fca-policy-statements-enhancing-climate-related-disclosures-ps21-23-ps21-24\/","title":{"rendered":"17th December 2021 &#8211; UK FCA Policy Statements &#8211; Enhancing Climate-Related Disclosures (PS21-23 + PS21-24)"},"content":{"rendered":"<p>The FCA issues 2 Policy Statement on climate-related disclosures: one for Listed Companies, issuers of Shares and GDRs (PS21-23) and one for Asset Managers and Asset Owners (PS21-24).<\/p>\n<p>The FCA introduced climate-related disclosure requirements in December 2020, through a Listing Rule for premium listed commercial companies referencing the TCFD\u2019s recommendations.<\/p>\n<p>PS21-23 extends the application of the existing Listing Rule to a wider scope of listed issuers.<\/p>\n<p>Through PS21-24, the FCA is introducing new rules and guidance for asset managers and certain FCA-regulated asset owners to make mandatory disclosures on an annual basis at:<\/p>\n<ul>\n<li><strong>Entity level<\/strong> \u2013 an entity-level TCFD report setting out how they take climate-related risks and opportunities into account in managing or administering investments on behalf of clients and consumers.<\/li>\n<li><strong>Product or portfolio level<\/strong> \u2013 a baseline set of consistent, comparable disclosures in respect of their products and portfolios, including a core set of metrics.<\/li>\n<\/ul>\n<p>All the FCA Policy Statements and rules are based on the TCFD framework.<\/p>\n<p>The FCA supports the UK\u2019s commitment to mandatory TCFD-aligned disclosure obligations across the UK economy by 2025.<\/p>\n<p>&nbsp;<\/p>\n<p>FCAPS21-23: <a href=\"https:\/\/www.fca.org.uk\/publication\/policy\/ps21-23.pdf\">https:\/\/www.fca.org.uk\/publication\/policy\/ps21-23.pdf<\/a><\/p>\n<p>FCA PS21\/24: <a href=\"https:\/\/www.fca.org.uk\/publication\/policy\/ps21-24.pdf\">https:\/\/www.fca.org.uk\/publication\/policy\/ps21-24.pdf<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FCA issues 2 Policy Statement on climate-related disclosures: one for Listed Companies, issuers of Shares and GDRs (PS21-23) and one for Asset Managers and Asset Owners (PS21-24). The FCA introduced climate-related disclosure requirements in December 2020, through a Listing Rule for premium listed commercial companies referencing the TCFD\u2019s recommendations. PS21-23 extends the application of [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[17,16,22,40,18,21],"_links":{"self":[{"href":"https:\/\/www.xp-49.com\/wp-json\/wp\/v2\/posts\/1724"}],"collection":[{"href":"https:\/\/www.xp-49.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.xp-49.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.xp-49.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.xp-49.com\/wp-json\/wp\/v2\/comments?post=1724"}],"version-history":[{"count":1,"href":"https:\/\/www.xp-49.com\/wp-json\/wp\/v2\/posts\/1724\/revisions"}],"predecessor-version":[{"id":1725,"href":"https:\/\/www.xp-49.com\/wp-json\/wp\/v2\/posts\/1724\/revisions\/1725"}],"wp:attachment":[{"href":"https:\/\/www.xp-49.com\/wp-json\/wp\/v2\/media?parent=1724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.xp-49.com\/wp-json\/wp\/v2\/categories?post=1724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.xp-49.com\/wp-json\/wp\/v2\/tags?post=1724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}