Welcome to the IA’s Investment & Capital Markets policy report for the first quarter of 2023. With this report we bring together the IA’s important investment and capital markets activity over the past few months.
On the sustainability front, in January, the IA submitted its final response to the FCA’s consultation paper on Sustainability Disclosure Requirements (SDR) and Investment Labels, a consultation set to have profound implications for the way asset managers do business as well as for sustainable investing in general. The IA is now developing its response to what is another high priority paper in the sustainability and responsible investment space: FCA Discussion Paper (DP) 23/1 ‘Finance for Positive Sustainable Change’ which was published in February. This quarter, the IA has also responded to the Transition Plan Taskforce's draft disclosure framework and started drafting a response to HM Treasury’s consultation on bringing ESG ratings providers into the regulatory perimeter. Finally, at the end of the quarter, the Government published