Asset Management

FCA mulls new climate reports for finance firms

FCA mulls new requirements for firms to say how they are tackling climate change on customers' behalf

The UK’s Financial Services Authority is weighing a new rule forcing City firms to publish regular reports on climate change, marking a significant step-up in its focus on the issue.

The move would be significant, as firms would be obliged to make statements on how they are tackling climate risks on behalf of their customers, rather than only in their own businesses.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire