UK: PRI response to the FCA public offers and admissions to trading regulations (POATRs)
The PRI welcomes the value for money (VFM) framework consultation on the detailed rules and guidance for the framework which moves the emphasis away from a focus on cost towards overall value. The PRI encourages the strengthening of requirements for Independent Governance committee to consider how firms take into account ESG considerations. Additionally, the FCA should also recognise the value of stewardship and engaging with beneficiaries on sustainability topics.
Download the response document below.
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PRI Response: FCA Value for Money Framework
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