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FCA plans tougher ESG scrutiny amid ‘poor’ disclosures
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The Financial Conduct Authority is ramping up its scrutiny of green benchmarks, after finding the quality of ESG-related disclosures made by benchmark administrators was "poor".
In a 'Dear CEO' letter on 20 March, the City watchdog warned benchmark administrators, including FTSE Russell, MSCI, and Morningstar, that it would be undertaking more work in this area.
Its...
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