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FCA proposes simplified climate reporting rules
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IFA Magazine
IFA MagazineSimpler climate reporting rules could save firms £20m annually
Investment firms could save around £20m a year under new proposals from the Financial Conduct Authority (FCA) to simplify climate reporting for investment products. The FCA estimates it could deliver these savings by replacing detailed product-level reports based on the Task Force on Climate-related Financial Disclosures (TCFD) with simpler, more targeted information for retail investors, in line with the Consumer Duty. The changes aim to giv…
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