The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) are set to begin cross-financial sector talks in the regulators' first significant step towards removing barriers to companies' attempts at mitigating climate-related financial risks.
In a statement, the regulators said climate change and society's response to it presents financial risks, which "are now becoming apparent" and fall within their mandates. Government ramps up green finance push...
Equities overweight down to 3%
Relates to 136 million transaction reports
Patience must be a watchword
MSCI has recently increased the Chinese A-share market's inclusion factor from 5% to 20%.
Change of objective