Consultation opens
23/04/2024
Consultation closed
14/06/2024
14/06/2024
CP24/8: Extending the SDR regime to Portfolio Management
We are consulting on extending the Sustainability Disclosure Requirements (SDR) and investment labels regime to portfolio management.
Why we are consulting
We want to help consumers, including those who use portfolio management services, to navigate the sustainable investment market by extending the SDR and labelling package to portfolio management.
We consulted on including portfolio management in our earlier consultation, CP22/20. We received detailed, supportive feedback from the consultation and our recent engagement, which has helped us refine our proposals for this sector.
We are proposing to apply a broadly similar approach to labelling for portfolio managers as introduced for fund managers, to have a consistent approach and create a level playing field.
Who should respond
This consultation applies to:
- firms providing portfolio management services
Next steps
This consultation has now closed. We will publish feedback on responses and issue a Policy Statement once we have reviewed your comments.
Background
This consultation follows our Consultation Paper (CP22/20) and corresponding Policy Statement (PS23/16) on Sustainability Disclosure Requirements and investment labels, which introduced a package of measures for fund managers.