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Bank Of England: Minutes Of The Productive Finance Working Group - March 2021 - The Second Technical Expert Group (TEG) Meeting


Bank Of England: Minutes Of The Productive Finance Working Group - March 2021 - The Second Technical Expert Group (TEG) Meeting
Date
Agenda
1. Competition law reminder by Simmons & Simmons LLP
2. Updates on and discussion of progress since the previous TEG meeting on solutions to the barriers to investment in less liquid assets
3. Agreeing next steps for delivering draft solutions for the second meeting of the Steering Committee (SC2) on 4 May
Minutes
Item 1 – Competition law reminder by Simmons & Simmons LLP
Simmons & Simmons LLP set out the legal obligations of all members of the Working Group relating to competition law. They reminded members that it is their responsibility to meet their legal obligations and to take their own legal advice. ....

Argyll And Bute , United Kingdom , City Of , United Kingdom General , Laura Mason , Dooho Shin , Tom Taylor , Prateek Sharma , Stephen Oneill , Jonathan Lipkin , Sadie Lambie , Ashish Dafria , Karen Hurst , Mona Christensen , Rachel Mumford , Hymans Robertson , James Howat , Alan Mankikar , Ross Hayter , Adam Wendelboe , Danthony Ellis , Duncan Hale , Chris Dodwell , Christopher Davies , Fraser Macleod , Iren Levina ,

Warnings, further requests formulated over trustee climate risk duties


By Susanna Rust2021-03-12T12:42:00+00:00
Further pensions industry requests have been formulated of the UK government due to residual concerns about its proposals for climate risk reporting and governance requirements for occupational pension funds.
This is according to feedback to a Department for Work and Pensions (DWP) consultation on draft regulations and statutory guidance, which it developed taking into account responses to its initial proposals on the topic in August last year. 
Specific requests include that the DWP work with the financial markets regulator to ensure that “relevant levels of skills and climate knowledge are part of the authorisation regime for investment consultants and managers” – a point made by the Pensions & Lifetime Savings Association (PLSA) in its response to the consultation. ....

United Kingdom , Joe Dabrowski , Carolyn Schuster Woldan , Stewart Hastie , Pensions Lifetime Savings Association , Department For Work , Investment Consultants Sustainability Working Group , Financial Conduct Authority , Association Of Consulting Actuaries , Lifetime Savings Association , Climate Related Financial Disclosures , Consulting Actuaries , ஒன்றுபட்டது கிஂக்டம் , ஓஹோ டப்ரோவ்ஸ்கி , ஸ்டீவர்ட் அவசரம் , ஓய்வூதியங்கள் வாழ்நாள் சேமிப்பு சங்கம் , துறை க்கு வேலை , முதலீடு ஆலோசகர்கள் நிலைத்தன்மை வேலை குழு , நிதி நடத்தை அதிகாரம் , சங்கம் ஆஃப் ஆலோசனை செயல்பாடுகள் , வாழ்நாள் சேமிப்பு சங்கம் , ஆலோசனை செயல்பாடுகள் ,