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Regulation: FCA Establishes ESG Advisory Committee
December 16, 2022This week, the UK’s Financial Conduct Authority (FCA) announced the establishment of an ESG Advisory Committee to assist the FCA Board with executing its ESG-related responsibilities. The Advisory Committee is tasked with supporting the FCA Board in “executing oversight of ESG-related issues relevant to the FCA as a corporate entity and as a regulator.” Furthermore, the Advisory Committee will advise the FCA Board on relevant ESG topics and offer views on how the FCA should “develop its ESG strategy in keeping with the organization’s statutory objectives and regulatory principles.”
