The FCA is launching a consultation on ESG ratings with a view to increasing transparency and comparability, according to a statement on Monday.
- The consultation will run until the end of March, with the new rules scheduled to be implemented in June 2028
- The goal is to bring about “increased transparency – allowing easier comparisons for the benefit of both those who use ratings and those who are rated,” the FCA says
- A survey of ratings users found roughly half expressed concerns about quality, conflicts of interest and how complaints are handled
- If adopted, the proposals are expected to deliver ...
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