Investors failing to disclose ‘effectiveness’ in assessing systemic risks, UK audit watchdog reveals

FRC publishes review of submissions against updated UK Stewardship Code

Asset managers in the UK are failing to explain how they use stewardship to address systemic risks like climate change, according to the Financial Reporting Council (FRC). 

The regulator that warned that most signatories to its Stewardship Code failed to disclose their “effectiven…

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