Tag: FCA

  • SDR is governance, with a sustainability label.

    SDR is governance, with a sustainability label.

    The FCA’s Sustainability Disclosure Requirements (”SDR”) regime has brought rigour to an area which was too loose for too long. But read the FCA’s rules and guidance and a bigger picture emerges. SDR is a detailed articulation of the FCA’s expectation of governance in general.

  • Worry About Creativity, Not Compliance.

    Worry About Creativity, Not Compliance.

    Financial services aren’t some state of nature, to which we’ve decided to apply a few harm-limiting commandments (”thou shalt not trade on thy neighbour’s inside information”). It’s a constructed environment. Regulation is more like a board game, where the rules create the very game they regulate. Without the rules of chess, there is no chess.…