Skip to main content van Berings

Guiding Principles on ESG and Sustainable Investment Funds Introduced by the Financial Conduct Authority

The Financial Conduct Authority (“FCA”) has recently received an influx of applications for the authorization of climate-related funds. However, the Authority has deemed the majority of these to have serious shortcomings. In a bid to ensure quality applications, as well as full compliance with FCA standards, the Authority has recently published two Policy Statements, targeted at ESG-related investment funds. These guidelines mainly promote climate-related financial disclosure.

The FCA’s new Policy Statements are aimed at increasing transparency regarding how firms are managing climate-related risks and opportunities, so that clients and consumers are empowered to make informed decisions. The new guidelines require climate-related disclosures by asset managers, life insurers and FCA-regulated pension providers.

The Authority believes that this, in turn, will enhance market competition, benefiting consumers and offering protection from unsuitable products, while simultaneously driving investment toward greener projects and activities.

The new climate-related disclosure rules, requiring mandatory disclosures on an annual basis at entity and product level, have come into effect as of January 1st, 2022.


Latest Insights

How AI Can Strengthen Cybersecurity Culture

​In an increasingly digital and interconnected business landscape, cybersecurity has become a strategic priority for organizations worldwide. The growing sophistication of cyber threats, combined with stricter regulatory frameworks, has led companies to seek innovative solutions to protect their data and infrastructure. In this context, artificial intelligence is emerging as a transformative force, enabling businesses to strengthen their cybersecurity culture and enhance their defense capabilities proactively.

The Importance of Due Diligence in the Art Trade

​​In the context of the art trade, Due Diligence plays a crucial role in protecting the interests of buyers, sellers, and industry players, including galleries, auction houses, and investment firms. In a complex and ever-evolving market, transparency and legal protection are essential to avoid risks related to counterfeit artworks, undocumented provenance, or legal issues. Due Diligence enables the parties involved in transactions to make informed decisions and minimize potential financial or reputational losses.

Mitigating Technological Risks in the Age of Digital Transformation

​In an era of rapid digital transformation, businesses face increasingly complex technological risks that require structured governance and proactive legal strategies. Cybersecurity threats, regulatory compliance in data management, and the ethical and legal implications of artificial intelligence are among the most pressing challenges for companies operating in today’s global market.

DISCLAIMER: the content of this news is for informational purposes only and neither represents, nor can be construed as a legal opinion