News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

ESG

FCA delays final rules for ESG labelling regime

Regulator kicks the can down the road, pushing policy statement on Sustainable Disclosure Requirements back a quarter

The FCA is wading through comments from an industry divided on new ESG rules
The FCA is wading through comments from an industry divided on new ESG rules Photo: Getty Images/iStockphoto

The Financial Conduct Authority has delayed publishing its ESG labelling regime until the end of the year.

The watchdog's chief executive Nikhil Rathi confirmed in a 17 July update with Sam Woods, deputy governor of prudential regulation at the Bank of England, that a policy statement for the Sustainability Disclosure Requirements would not be expected until the fourth quarter of 2023.

WSJ Logo