20 Deferred

The Prudential Regulation Authority and Financial Conduct Authority should move quickly to incorporate their revised...

Recommendation
The Prudential Regulation Authority and Financial Conduct Authority should move quickly to incorporate their revised remits to include climate change. We will continue to monitor their progress and ongoing approach to the risks arising from climate change.
Government Response Summary
The government redirects the committee to the responses from the Financial Conduct Authority and the Bank of England for further information on this matter.
Paragraph Reference
154
Government Response
Deferred
HM Government Deferred
Please refer to the FCA’s and Bank of England’s responses for further information.
Addressee Bodies
HM Treasury
Timeline
Recommendation age 5.3 yrs
Report published 22 Apr 2021