A look at recent developments in the sector and the role of financial services in recovery
The Financial Services team continues to work actively on the range of consultations on the future of UK financial services, the latest being the climate-related financial disclosures and the implementation of Basel III standards. Work with members continues apace with the Sustainable Finance Working Group finalising B7 policy recommendations and the Innovation Forum reconvening later this month.
Consultations
In early May, we finalised the responses to BEIS’ consultation on climate-related financial disclosures and the Bank of England’s consultation on the implementation of Basel III standards.