Context
Nikhil Rathi the CEO of the FCA gave his speech at City Week.
Key points to note
- Leaving the EU allows the FCA to tailor its rules to better suit its markets, while ensuring appropriate safeguards and upholding high standards.
- It will rigorously review all firms seeking UK authorisation.
- Its partnerships have never been so important, which is why it are working to deepen existing partnerships and forge new ones.
- It is proposing to extend climate-related financial disclosure requirements to issuers of standard listed equity shares.
- The FCA want views on selected ESG topics in UK capital markets and, separately, it is proposing new disclosure requirements for asset managers, life insurers and FCA-regulated pension providers
Next actions
None – for information and awareness